No better time than now to buy your new home
For quality, value, safety and convenience, a new home will be one of the smartest purchases you will ever make. There are many advantages to purchasing a newly constructed home.
New home warranties. Options range from specific warranties by individual builders to third-party limited insured warranties against major structural defects.
Lower maintenance costs. Buying a new home eases the nagging question of, “How long before it breaks down?” With a new home, the answer is simple — a substantially longer period when you are the first to use it and are establishing its history of use.
Floor plan options. Builders of new homes often have a range of floor plans from which to choose. Builders also offer the ability to upgrade materials, or eliminate or add rooms or walls as may be required by the buyer.
Low financing opportunities. Securing financing is the biggest headache for most home buyers. Oftentimes, home builders have done the legwork for buyers. They’ve worked with a variety of lenders, negotiated the best rates for their types of housing and have convenient service policies.
Choice of interior and exterior finishing. A new home makes it possible for buyers to be the decorators before moving in without the cost of searching for and replacing the finishes as they would in a resale home. With a new home, it may be possible to make selections for things such as carpet style and color, wall coverings, appliance colors, lighting fixtures and exterior paint colors.
Favorable pricing. Competition among home builders to provide the very best value makes new homes less likely to be overpriced. Buyers can compare features, benefits and options with other new homes on the market to determine the ultimate value of a new home.
Value appreciation. Homes, like any purchased product, have a life expectancy. Statistics say the typical home will need remodeling after 25 to 30 years. Since new homes have a longer life, appraisals are generally higher than on a comparable existing home, making conditions favorable at the time of resale.
Modern appliances. Appliance manufacturers introduce new models every year, and home builders are able to offer the latest, state-of-the-art equipment at the time of completing a new home. An added benefit is that new appliances come with full-term warranties.
Home site selection. Being able to select a home site is as important as selecting the type of home that suits a buyer’s needs.
Energy efficiency. A home built today must, by law, adhere to stricter energy codes than homes built in years past. This translates into a direct savings to home buyers.
Latest in building materials. Low maintenance is one of the most important features to today’s home buyer. New technology in building materials translates into less maintenance, especially on the exterior of the home.
Fall Festival of Homes
If you are in the market for a new home, we cordially invite you to attend the upcoming Fall Festival of Homes on Friday, Saturday and Sunday, Oct. 14-16. The event is free, and tour hours are 10 a.m-5 p.m. daily.
We are excited to be featuring 16 beautiful new homes constructed by a number of Spokane’s renowned new home builders. The route is filled with building innovations, new home technologies, and plenty of inspiration, making this a valuable experience for all who attend. It’s also an ideal opportunity to tour some of Spokane’s premier neighborhoods.
Check out the stunning home featured in the “Plan of the Week” (below). This is just one of the beautiful homes that will be featured in the Fall Festival of Homes.
Watch for your tour map and directions in the Friday, Oct. 14 issue of The Spokesman-Review, or call the Spokane Home Builders Association at (509) 532-4990 for additional details.