What Are The Benefits Of Buying A New Home

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What Are The Benefits Of Buying A New Home

Whether you are a first home buyer, or simply expanding your property portfolio, buying a new home is inevitably beneficial. But what exactly are the benefits of buying a new home? Here’s why buying a new home may be the best choice you’ll ever make….

A new home is customisable to your needs

Have you spent years dreaming about that giant walk-through wardrobe? Or than airy, open-plan living area? If you buy a new home that is still in the development process, you may have the chance to work alongside architects to create something that is a literal reflection of you.

Many new home developers offer various packages or floor-plan options that can be specifically tweaked to suit you and your family’s needs.

Government funding

New home buyers: rejoice! Buying a new home may mean that you are eligible for government funding. First Home Buyers grants vary between states and territories, so it’s important to do your research and apply for funding in good time.

No repair work needed

Although older houses may be a cheaper option, they come with faults and flaws that need to be fixed in order to live comfortably. As a matter of fact, if you add up the costs of the repair work that needs doing on an old property, it may indeed be more financially sensible to buy a new home.

No dodgy DIY jobs

When you buy an old property, you may find that some repair or extension work has been a ‘DIY job’ by the previous owner. This means that elements of the home may not have been built to professional standards.

When you purchase a new home, you have peace of mind that everything has been built and decorated to a professional standard. This will save you money on home repair work in the future.

They utilise the newest materials

Due to the advances in building technology, new homes are often more energy efficient, which means lower electricity bills. Alongside this, new homes often have technology already built into them. This can include smoke detectors, solar panels and wi-fi.

New homes are modern and on-trend

There’s nothing more unappealing than a home that looks like it has been frozen in the 1950s! New homes are designed by talented architects to be on-trend and meet all of the needs of a modern lifestyle. This means master bathrooms, walk-in pantries and other luxuries you would not get in an older property.

Building warranties & guarantees

Many new homes come with building warranties. This makes it easier to work-out how much maintenance costs will be in the long run.

Higher safety standards

Brand new circuit breakers, electrical wiring and air conditioners are far safer than those you will find in an established home. Alongside this, new homes often include electronic gates, CCTV and other deterrents for thieves.

Master planned communities

Many new homes are in master planned communities, which have modern amenities. Master planned communities often have landscapers and maintenance workers who will ensure that the whole area remains pristine.

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