The Value of New Construction
For buyers deciding between a newly constructed or existing home, a number of factors can play into their purchase decision, with price often a top consideration.
According to this recent New Home Source feature, while new-construction homes may come with a price premium, that higher cost translates to a number of benefits for homeowners — everything from the latest in floor plan features, energy efficiency and home automation, to avoiding the immediate repairs and updates an older home can require. When the reporter was looking for experts to weigh in on the benefits of buying new, Taylor Johnson coordinated interviews with clients Red Seal Homes and Related Realty.
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