{"id":5281,"date":"2024-12-26T11:30:00","date_gmt":"2024-12-26T11:30:00","guid":{"rendered":"https:\/\/sandpointrealtyidaho.com\/blog\/2024\/12\/26\/whats-motivating-more-buyers-to-choose-a-newly-built-home\/"},"modified":"2024-12-26T11:30:00","modified_gmt":"2024-12-26T11:30:00","slug":"whats-motivating-more-buyers-to-choose-a-newly-built-home","status":"publish","type":"post","link":"https:\/\/sandpointrealtyidaho.com\/blog\/2024\/12\/26\/whats-motivating-more-buyers-to-choose-a-newly-built-home\/","title":{"rendered":"What\u2019s Motivating More Buyers To Choose a Newly Built Home?"},"content":{"rendered":"\n

$\"What\u2019s$ \n

Planning to buy a home soon? Why not go for something brand-new<\/a>? Because data shows a lot more buyers are seeing the appeal of new home construction these days \u2013 and you may find out it\u2019s what you want too.<\/p>\n

The National Association of Realtors<\/em> (NAR), explains<\/a> that newly built homes accounted for 15% of all homes sold last year. <\/strong>That\u2019s a significant increase, and is actually the highest percentage in 17 years (see graph below<\/em>):<\/p>\n

$\"a$ <\/a>To get a closer look at why so many people are opting for a brand-new home, NAR surveyed recent buyers. And here are the top reasons why new builds gained so much popularity (see graph below<\/em>):<\/p>\n

$\"a$ <\/a> Avoiding Renovations or Problems with Plumbing or Electricity (42%)<\/strong><\/h4>\n
According to buyers, the number one benefit is the peace of mind that comes with getting brand-new everything. Because let\u2019s face it, buying a home right now is pricey. And with inflation also putting a pinch on your wallet, you want to do everything you can to cut down on any additional costs. Enter new builds.<\/p>\n
A home that was just built is less likely to have unexpected repairs, and that means less maintenance<\/a> you\u2019ll need to budget for upfront. Plus, since many builders include warranties on their homes, that\u2019s an added layer of protection for your wallet on some of the home\u2019s major systems.<\/p>\n
Ability To Choose and Customize Design Features (27%)<\/strong><\/h4>\n
You may also get the chance to personalize parts of the build to your unique tastes. That can be as small as which knobs go on the cabinets and which light fixture goes in the dining room to as big as floor plans and siding color. So, if you\u2019re not finding a home you like, it may be time to build one.<\/p>\n
The Amenities of New Home Construction Communities (25%)<\/strong><\/h4>\n
Many new developments also offer amenities like parks, pools, fitness centers, and community spaces. These features could help you feel more connected to your neighborhood and can be a great perk for your lifestyle.<\/p>\n
Lack of Inventory of Previously Owned Homes (15%)<\/strong><\/h4>\nSince the supply of existing homes (homes that were previously lived in) is still lower than the norm, more people are asking their agents if they can see what builders have available \u2013 and builders aren\u2019t disappointing. Right now, new builds make up a larger portion of the homes available for sale than the norm. So, checking out these homes can really open up your pool of options. And don\u2019t worry \u2013 builders are not overbuilding. They\u2019re just catching up after years of underbuilding<\/a>.<\/p>\n
Energy Efficiency (14%)<\/strong><\/h4>\nNot to mention, newly built homes<\/a> usually have the latest energy-efficient materials and technologies. This not only feels good, but can also lead to lower utility bills and a reduced environmental footprint. In a U.S. News Real Estate <\/em>interview with Kevin Morrow, Senior Program Manager at the National Association of Home Builders<\/em> (NAHB), this topic came up:<\/p>\n
\u201cThe more energy-efficient mechanics of the house also help reduce utility bills for new home buyers . . . Newly-constructed homes often include green systems and appliances\u2014like high efficiency stoves, refrigerators, washing machines, water heaters, furnaces, or air conditioning units\u2014that homes built years ago might not.\u201d<\/em><\/p><\/blockquote>\n
Smart Home Features (11%)<\/strong><\/h4>\n
And last on this list is the integration of smart technologies. Tech-savvy buyers often want the latest and greatest advancements \u2013 and new home construction usually delivers.<\/p>\n
The Importance of Using Your Own Agent<\/strong><\/h4>\nNewly built homes are becoming a top pick for buyers these days, and it\u2019s easy to see why. If you\u2019re feeling motivated to see what\u2019s out there, just remember you need to have your own real estate agent<\/a>.<\/p>\n
Builder contracts often have some complex terms and complicated fine print. If you bring your own agent, you\u2019ll have someone to advocate for you, make sure you\u2019re getting quality construction, and guide you through the process from start to finish.\u00a0<\/p>\n
Bottom Line<\/h3>\n
Imagine skipping the hassle of renovations and having the freedom to pick out the exact design features you want. If this sounds good to you, connect with a local agent to make sure you\u2019ve got an expert on your side to help you negotiate with the builder so you can buy a new home with confidence.<\/p>\n<\/div>\n\n<\/body>","protected":false},"excerpt":{"rendered":"
Planning to buy a home soon? Why not go for something brand-new? Because data shows a lot more buyers are seeing the appeal of new home construction these days \u2013 and you may find out it\u2019s what you want too. The National Association of Realtors (NAR), explains that newly built homes accounted for 15% of […]<\/p>\n","protected":false},"author":1,"featured_media":5282,"comment_status":"registered_only","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12],"tags":[29,27,20,18,28],"class_list":["post-5281","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-insight","tag-idaho-real-estate","tag-north-idaho-homes","tag-rain-silverhawk","tag-real-estate","tag-sandpoint-idaho"],"aioseo_notices":[],"acf":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/sandpointrealtyidaho.com\/blog\/wp-content\/uploads\/2024\/12\/20241226-What-s-Motivating-More-Buyers-To-Choose-a-Newly-Built-Home-original.png?fit=750%2C410&ssl=1","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/pdz2Zu-1nb","_links":{"self":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5281","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/comments?post=5281"}],"version-history":[{"count":0,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/posts\/5281\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media\/5282"}],"wp:attachment":[{"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/media?parent=5281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/categories?post=5281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sandpointrealtyidaho.com\/blog\/wp-json\/wp\/v2\/tags?post=5281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}