Homebuying Tips

Homebuying Tips

The Not-So-Obvious Benefits of Buying New

Prospective home buyers have the choice of two types of houses on the market: resale or new.

Home buyers planning to buy a brand-new house or condominium often cite energy-efficiency, open layout, a warranty, and being able to select appliances, flooring, paint colors and other design elements as factors driving their choice.

But builders say that buyers can be drawn to a new house for reasons that aren’t so obvious. Below are a few more benefits of a brand-new home that you may not see in the sales brochure.

Building a Community Together

A brand-new community is one of the built-in benefits of many new homes. When families move in to a subdivision at the same time, often lasting bonds of friendship and neighborliness are formed right away. Nobody is the “new kid on the block,” and many home builders host community block parties in new developments to help owners meet and connect. Popular amenities like pools, walking trails and courts for tennis and basketball offer additional opportunities for interaction among neighbors of all ages. Often new communities are comprised of home owners in the same stage of life, such as young families or active retirees, so neighbors can get to know each other through carpools, PTA meetings, tennis matches or golf games.

Entertaining 

Throwing a party in an older home can be a challenge because smaller, distinct rooms make it difficult to entertain guests in one large space. Builders are responding to today’s home buyer preferences with layouts featuring more open spaces and rooms that flow into each other more easily, like the popular great room. While you are in the kitchen preparing dinner, you can still interact with guests enjoying conversation in the family room without feeling closed off. The feeling of spaciousness in today’s new-home layouts often is enhanced the higher ceilings and additional windows that bringing in more light than you would find in an older home.

A Clean Slate 

For some buyers, parking the car in a sparkling-clean garage or being the first to cook a dinner in a brand-new kitchen is part of the appeal of new construction. In addition, you won’t have to spend time stripping dated wallpaper or repainting to suit your own sense of style. You can create your own home décor from the get-go!

The advantages of being the first owner of a home extend to the outdoors. Instead of inheriting inconveniently or precariously placed trees, or having to tear up overgrown shrubs, you can design and plant the lawn and garden you want.

Outlets, Outlets Everywhere!

Homes built in the 1960’s and earlier were wired much differently than houses today. Builders had no way of anticipating the invention of high-definition televisions, DVRs and computers that we enjoy today — and the very different electrical requirements they would introduce. New homes can accommodate advanced technologies like structured wiring, security systems and sophisticated lighting plans, and can be tailored to meet the individual home owner’s needs.

Anyone who has ever lived in an older home can also attest to the fact that there are never enough outlets, inside or out! New-home builders plan for the increased number and type of electronics and appliances used by today’s families, so you can safely operate a wine cooler, Christmas lights or your computer.

Source: National Association of Home Builders

Buyer Beware: Foreclosures

If something seems to good to be true… it probably is.

Foreclosure is a grim fact of life in today’s economy, but to many home buyers it seems like a dream come true. And why not? Foreclosure properties seem to offer everything a prospective buyer could want: a ready-made home at an incredibly low price. That sounds great on paper, but the reality is often very different. Foreclosure properties are sold as-is, where-is, and many have been sitting unoccupied for a long time. Add to that the fact that the previous owner probably had to leave in a hurry, and you get a property that might not be everything you’ve been dreaming of.

Before you jump into the foreclosure market, here are some things to consider:

  • In the absence of human beings, other occupants may have moved in. Does the house you’re looking at have an infestation of bats, bugs, or other creepy-crawlies you’ll have to deal with later on down the line?
  • If a home’s ventilation system is inoperative for a long time, there’s nothing to keep mold and dust mites from growing out of control. This can dramatically impact the health of your family, but resolving the problem is expensive. Are you prepared?
  • What about mechanical issues? Are there frozen pipes below the concrete, invisible to the naked eye? Has the sump basket in the basement flooded, and gone unnoticed with no one living in the home? The house might look great now, but what repairs will it need in the years to come?
  • Health and safety codes change rapidly. Are the foreclosure’s safety measures up to date? This can include all kinds of problems, from missing carbon monoxide detectors to wood that’s been pressure-treated with arsenic formaldehyde.
  • Consider the neighborhood. Is it full of other foreclosures? What kind of people are buying the other properties? Is this someplace you would want to live for the next five to ten years?
  • The economy won’t be depressed forever. As the market corrects itself, will the home appreciate in value as quickly as new construction would, or will it simply fall apart?

Be smart. Talk to an expert.

Sometimes, a little expertise goes a long way. Before you buy that foreclosure you’ve been looking at, consult with C&C Construction. We’ll use our critical eye and decades of professional experience to analyze your potential purchase from every angle, and help you see what’s good, what a little remodeling might improve, and what might make you want to look elsewhere. That way you can buy with confidence, secure in the knowledge that you’re getting the best possible value for your money.

Build New or Remodel?

Building a new home has lots of advantages. Every new C&C home features the latest in safety equipment, including radon systems, carbon monoxide and smoke detectors, and arch fault wiring in all the bedrooms. And with each of our new homes carrying 10-year structural and 5-year mechanical warranties, you can rest secure that you won’t be crippled by hidden repair costs in the years following your purchase. But with the cost per square foot in today’s market makes remodeling your existing home an appealing option as well. So which should you choose?

When you’re ready to make a change, call C&C Construction. With decades of experience in both home building and remodeling, we can help you see all the angles necessary to make the right decision for your future.