Why do so many people choose a custom, new home versus an existing one?
With the housing market making its recovery and the huge jump in new home construction, that seems to be the question so many people are asking.
After nearly a decade of the market being flooded with foreclosures, short sales, and desperate sellers, we are moving toward a new time, where buyers don’t want to retrofit a home to try to fit their needs, but rather, build a home that was made to fit their needs.
When home buyers are on the fence about whether to buy a new, or existing home, here’s why so many are choosing to “start fresh” with the purchase of a new home.
Buyers can have a house that fits their needs. Different people—the empty nester, the retiree, the family, the outdoorsman, or the young couple—have different needs, so a one-size-fits-all approach does not work. Many find after months of searching existing home inventory, they are disappointed with the homes available. With a new home, you don’t have to try to make the market offerings fit your needs, rather, it can be designed to fit your needs. If you can image it, you can have it!
Builders can build a home that is people-centric to how their buyers live. The right builder will help you find a home design that works for your lifestyle. This is called the livability factor. When you go into an existing home, it has often been designed with another buyer (or decade) in mind. New homes meet the new needs of home buyers and can be customized with that particular buyer in mind.
Buyers can request special wants and needs. With existing homes or spec homes, you are often limited to retrofitting what currently exists as opposed to customizing your home for your specific wants and needs. Living in Bend, Oregon, many home buyers are looking for special features that make enjoying the outdoors easier: a mudroom to dust off their snow boots, a place to store multiple bikes, or a floorplan that maximizes the beautiful Central Oregon views. With a builder that understands the Central Oregon lifestyle, you will discover livability you never even knew could exist.
Builders can build a home that’s more energy-efficient and sustainable than older construction. New homes are built to meet energy quality and efficiency standards of today, which are much more rigorous than decades ago. Builders like Greg Welch Construction, a certified Sustainable Homes Builder, not only meet, but exceed these recommendations. This means you have a lasting, energy-efficient home that will save you money every month in utility bills and upgrades.
Builders can build a home that incorporates the latest and greatest. Energy-efficient HVAC systems? Check! USB ports in the outlets? Check! Room-by-room speakers and audio controls? Check! Garage with golf cart parking? Check! Especially if you choose a builder that incorporates the latest in technology, energy-efficiency, and quality materials, you can have a home that is modern and up to date, even years later. A good builder can anticipate the future needs of the homeowner and design options that increase livability. For example, with the rise in employees that work from home, builders like Greg Welch Construction are building spaces that can double as offices, complete with all the latest in gadgetry to hook up your phone, fax, wireless, monitor, computer, speakers, and Bluetooth.
Buyers can move in knowing they are covered initially under warranty. Even with an inspection, many owners move into their existing home to find a leaky faucet, low water pressure, holes in the walls, or various other minor or major repairs that require both time and money to fix. With a new home, any problems that might occur are subject to repair at the cost of the builder. Depending on your builder’s home warranty policy, you are often covered for cosmetic, structural, and systematic repairs for anywhere from one to ten years.
If you have found yourself frustrated with the houses on the market in Central Oregon, why not consider what you can get from a custom Greg Welch Construction home? Keeping sustainability, eco-friendliness, livability, and beauty in mind, with a GWC home, you can have it all!