BENEFITS OF BUYING A NEW HOME

Should I buy a new home or an older home?

It's a question that troubles many home buyers. Typically, new or primary are the ones which are acquired directly from developers, and a resale or secondary homes are the properties that have had a previous owner. Buying a new-build home can be a great choice, no matter what stage you are at in life. Whether you’re a first-time buyer, a growing family or retiree, there are lots of great new options out there.

The Advantages of Buying a New Home

1.      Affordability

Affordability is the major step to be considered by home buyers. Potential property seekers may prefer resale homes thinking to pay less, but they have to anticipate that there are various other amounts to be paid like registration fee, transfer fee, utility charges, etc. Also, resale homes require repair and maintenance. On the other hand, first-hand homes that are constructed in upcoming locations or suburbs will cost you lesser when compared to resale homes in established localities of a city.

2.      Maintenance

A new home will boast new appliances, electrical systems, plumbing and more, all of which should run smoothly for years without needing repairs. With an existing home, many of these features may be old and outdated, not only requiring more maintenance but potentially not working as efficiently either. Floors may slope. Buying a new home means there isn't a chance of discovering a previous homeowner covered up water damage or performed faulty electrical work. Because everything is new, homeowners also shouldn't have to worry about replacing the roof, updating the plumbing or making other major repairs for many years.

3.      Modern Conveniences and Energy Efficiency

Old homes were built for a different era. Closet space and electrical outlets may be sparse. Plus, they weren't built using today's energy-efficient materials and standards. A new home may be more comfortable and convenient for today's modern lifestyle.

4.      Customization

Most new developments offer buyers the opportunity to tailor elements of their new home to suit their individual needs. From the exact layout and room options, right through to small details like the kitchen tiles and carpets, you’ll be able to personalize your dream home and make it work for you and your family. Some options may incur additional costs, so be sure to check the small print.

5.      Bargain

If you get in early enough, you may be able to buy your property ‘off-plan’. Many property developers and builders offer this option, and in a nutshell, it means you’ll be able to study the plans for your chosen development and reserve the exact home you want to buy. What’s more, the price you pay when buying off-plan can be less than the property is worth once it’s completed. So you could have earned equity in your new home before you even set foot through the door.

Homebuyers have a lot to consider when choosing between a new home and an existing home. New homes certainly have their advantages, from their ability to be customized to their overall energy efficiency.

We at White Avenue Real Estate have the perfect home for you at prime locations in Abuja. Visit our website at https://whiteavenuegroup.com  to find out more or you can visit our office at 5th floor Yobe Investment House, Plot 823 Ralph Shodehinde Street, Central Business District, Abuja. Call us on 09099582911, 08187845406

Susan Niniola
Customer Care Representative
White Avenue Group, Abuja