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Evaluating Potential New Homes

by April Carlson

When a person is in the market to buy a home, they will have a number of important decisions that they will have to make. One of the most important decisions can be whether to opt for a newly built home or one that has potentially existed for decades or longer. Here are some factors to consider when evaluating new homes for sale.

Appreciate the Protection a Builder's Warranty Can Provide

Individuals may fail to appreciate the numerous ways that buying a newly built home can help to reduce the liabilities that come with purchasing a house. In addition to the new home utilizing the latest in building techniques and modern materials, it may also be under a warranty from the builder. These warranties can save homeowners sizable amounts on repairs if the new home develops problems with components that are covered under the warranty. Understanding the full level of coverage that a home's warranty provides will be an important step in being able to evaluate it against other properties. If you understand the details in the warranty, you will better understand the level of protect you will enjoy.

Always Have Your Own Home Inspection Conducted

While newly constructed homes are less likely to have structural issues with them than homes that were built years ago, it can still be necessary to have a home inspection completed. This will allow you to be sure that serious mistakes were not made during the construction process. In the event that an issue is discovered, the builder will likely be able to make repairs so that the buyer doesn't have to go through a third-party.

Consider Whether You Want to Expand or Enhance the Home

When evaluating whether or not you should buy a particular home, consider how you will want to use the house many years from now. This can be difficult and may take some imagination, but it will allow you to determine whether you need a home that will allow for an expansion. Whether this is an expansion directly onto the home itself or adding a small shed or garage, you should choose a home that will have enough space in the yard or around the perimeter of the home to allow for this addition. If you do intend to make an addition to the home, using the same contractor that originally built it can be an efficient option ,as they will be intricately familiar with the design and construction methods that were used in the original structure.

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