Buying A New Home – Buying a house is a difficult task, and there are many things to consider.
The cost of a house is an important factor to consider, but when it comes to buying, it is far from the only thing you need to look at! When buying a new home, you may choose to consider the house under construction. Whether you choose to buy an old house or a brand new house, a real estate agent can help you in the process and ensure that your interests are fully reflected.
Benefits of Buying a New House:
Reduce maintenance costs in the near future
The new house is equipped with all new equipment, so you are unlikely to have to deal with any major maintenance projects anytime soon! For example, it will take years for you to replace the roof or furnace.
New houses tend to be more efficient
Because they are built with efficiency in mind, their monthly utility bills tend to be lower.
Modern style
If you like a more modern style, a new house may be the right choice. Current design trends (such as an open concept main floor) are common in most cases. You can even customize the surface finish of the house before entering the house to make it completely yours!
New community – new facilities
New houses are usually part of well-planned zoning, which usually includes new parks, schools, recreational facilities, and shopping venues. If they are not there yet, they are probably in the process of creating.
Also Read: How Much You Spend On Your Next House
Drawbacks of Buying a New House:
More expensive
New houses tend to be more expensive than second-hand houses. And don’t forget that you must also pay HST in addition to the purchase price.
Lack of character
The new house has no mature trees or yard, they all look the same. Personality goes by with time.
Additional costs
There are some surprising additional costs for new homes that should be considered. Electrical appliances are usually not included, and there are some surprising things, such as eaves.
Waiting for the facility
Depending on when you purchased the neighbor, the facility may only be in the planning stage, and it may take several years to complete. This may mean that you may spend the first few years driving to nearby communities, such as entertainment, public transportation, and schools.
The Role of a Realtor:
Many people don’t realize that when you buy a brand new home, you can work with a real estate agent. It is very important that the real estate agent will represent you in this process. If you just walk into the builder’s sales office, there will be people who work for the builder to help you, and they may be biased. A real estate agent can help you find your ideal new house and guide you through the entire process! The real estate agent’s commission usually comes from the builder, so it won’t cost you any money. Although it is usually impossible to negotiate the price of a new home, a real estate agent can ensure that you get the best price by considering all options.
If you are looking for a new house, please contact a real estate agent immediately!
Thinking about BUYING or SELLING a Home,
Richi Khanna can help you and if you have any questions in regards to real estate, then you must call Me today! at
647-997-1281
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Richi Khanna
647-997-1281
Broker
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