Tips to Buying New Home Construction

As housing demand rising in different areas of Canada, new construction homes continue to be of interest to potential homeowners. In fact, an estimated 25 per cent of Canadian homes bought every year are new construction. There are many benefits of new construction, including higher standards of construction and improved energy efficiency. What should homeowners who are interested in new construction know?

Know When You May Need to Pay More

Many people appreciate buying a move-in ready home customized to their needs. However, this may come at a higher price than buying an existing property. Those willing to lay out extra can get the custom molding, luxe finishes and extra touches they want before moving in. However a potential homeowner looking at model homes needs to be aware of what features will cost them more.

One should not think that all features seen in a showroom model home come standard. This will lead to disappointment when it is time to move in to the new home. Speak with the agent to understand which features are standard and which ones will be an additional expense. Potential homeowners who want all of the proverbial bells and whistles should be ready to set aside the funds to cover these costs.

Keep Warranties Safe

Potential homeowners should expect that many aspects of new construction come with warranties. When professionally constructed and installed, new boilers, roofs and other components should last a full life cycle. However, repairs or replacement may be necessary in different instances. This can be expensive for first-time homeowners and create an additional expense. Homeowner that keep and read over their warranties may be able to use them to cover some or all of the expenses to repair foundations, heating systems, roofing or more on a new home. It may be worthwhile to investigate ways to supplement warranties which may be lacking with the Professional Canadian Home Builders Associations after-sales service program.

Improve Energy Efficiency

More potential homebuyers are becoming aware of the long-term benefits of energy efficient construction and smart technology. Homes can now be designed in such ways as to improve their energy-efficiency naturally, costing homeowners less to heat and cool a home over the years to come. Passive design is only one such aspect to reduce the need to use valuable resources by taking advantage of the climate, positioning and materials used in construction. With rising energy costs, one should appreciate the fact that incorporating passive design elements can significantly reduce auxiliary heating and cooling without impacting the comfort of occupants.

Other aspects that can help Mountainview homeowners looking to buy new is to know that construction standards today are more stringent than in the past and a number of systems perform better than in the past. Projects such as insulation installation and home sealing can improve the overall energy-efficiency of a new or existing home. Homeowners who choose to invest in this area may appreciate the incentives available.

Canadians Investigate Their Builders

Keep in mind that not all new construction homes are built alike. Canadians may want to check public records for lawsuits and speak to residents who have purchased new construction homes within a desired community. Find out more about the construction quality, whether or not homes are shrinking in size as construction continues, and if builders are also selling to investors. All of this may help homeowners make the best choice when it comes to buying a high-quality new construction home in a community they will love.