Are House and Land Packages a Good Value?
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Are you considering buying a new home? If so you typically have two options, an existing home or a new home. While the idea of a quick move-in home is excellent, there are a lot of advantages of buying a new home - especially a house and land package.
New homes are being constructed with more environmentally friendly materials, appliances, and systems.
More Environmentally friendly equals more energy-efficient, which includes all appliances and systems including, furnace, water heaters, and air conditioner, which results in lower energy costs for you. Many older homes have not been upgraded and still have appliances, and running systems installed years ago and are outdated and inefficient. Also, many builders are taking a more "green" approach with the building materials they are using, which also are more energy-efficient than older materials used.
The protection of a New Home Warranty
No one wants to move into a home and learn that the furnace or the roof needs replaced. We don't often budget such unexpected costs when moving, and the budget for your new bedroom outfit will be eaten up with these unexpected costs. Another excellent reason for a house and land package is that comes with a New Home Warranty which is generally 1-5 plus years depending on the item.
Modern floor plans that you choose and designed for you
Each new home builder will have numerous modern designs that you can choose from, and even if you need a few alterations to a particular design, it is easy to remove a wall or add a larger shower before construction starts. These alterations do come at a cost, however, much cheaper than renovations after.
A new community with top amenities
Depending on when you purchase your house and land package and when you move in, you may have to put up with the developmental stages of a community and less infrastructure, however when these communities do develop there is always plenty of shopping and amenities.
For many investing in a home is a significant financial decision, and you need to weigh in many factors. New house and land packages do indeed have the top advantages when it comes to saving money and livability but building a home can be lengthy so know all the facts and consider all your options available before you make a decision.
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