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In this market, there are millions of homes for buyers to choose from and many of those homes are brand new. There has never been a better time to buy new homes in Sumter, SC and local buyers are taking advantage of the great prices available. Most of all, they are jumping on the opportunity to make their mark on a brand new home.
When youre in the market for a home, you have a lot of decisions to make. What style of home do you want? What features do you want? Where do you want to live? What sacrifices are you willing to make? How much home can you afford? Defining your needs for a home can be a lengthy process but it is important to your home search.
However, buyers dont always decide if they want an historic home, a resale home, or a new home and all three categories have distinct advantages and disadvantages.
Of these three groups, new homes seem to have the most to offer the average buyer. Historic and resale homes may offer authentic style and charm from bygone architectural periods or the potential for future profit. But, they can be a drain on owner resources and may hide more than skeletons in their closets. Sometimes, buyers dont find out the truth about their new home until after they settle in. If youve ever seen The Money Pit, you know how bad that can be!
New homes, on the other hand, seem to be the answer to a number of buyer concerns. Since the housing slump sent a surge of resale homes onto the market, new construction projects are lowering prices and bringing the perks to move inventory.
Whats in it for you in a new home purchase? Here are a few advantages to owning a new home:
First, new homes typically require less maintenance and repairs. As the buyer, you are working with a company that hopefully stands by their product, rather than a possibly desperate seller.
Second, many new homes include a home warranty that covers any repairs that do come up during the life of the policy.
Third, new homes are more energy efficient, which means lower utility bills for you. Because they are built using the newest products, materials, and appliances, new homes run like well-oiled machines.
Fourth, new homes are designed with the modern buyer in mind. You wont have to remodel a new home to get the modern, open floor plan that so many buyers want.
Fifth, new homes are more affordable now than ever and there are new homes available at every price point. You dont have to spend a fortune to get a quality, brand new home. And yet, you dont have to resort to the challenges of an historic mansion to get a luxurious upscale home. The new construction market has something for everyone.
These reasons and many more are influencing todays buyers toward new homes. However, one thing that new home owners wont get is the process of restoring an historic home to its former glory. But they do get the opportunity to live in a home thats their very own.
