Buying a New Calgary Home – Pros and Cons
Are you thinking of purchasing a new Calgary home? Thousands of new homes are built every year in our growing city, giving buyers a wide variety to choose from. Getting started is one of the toughest tasks, but not to worry! Following these 5 Steps to Buying a Home in Calgary will set you on the right path for a successful new home purchase.
Although the choice to buy a new construction home might seem pretty straight forward, there are some things to consider before moving ahead with a brand new abode.
Here are some pros and cons to new construction homes to help you make the most informed and educated decision!
Buying a new home means everything is new! New homes typically have less maintenance than their old home counterparts. They are also a great way to start fresh if you value a home that no one has ever lived in.
Make sure you are buying with a reputable builder with strong quality control measures in place so you don’t end up with a new home that is sub-par in quality of finishing detail.
Many home builders in Calgary offer a highly customizable building experience for their clients depending on what stage the home is at. As a new home buyer, you have the option to choose between varieties of custom features to be included. It`s always great to be able to incorporate what you want in your home, for maximum satisfaction!
New home communities sometimes take several years to be completed. This includes its residences, landscaping, parks, green spaces, pathways, amenities and more. Be prepared to wait for all of those community features that attracted you to the area in the first place.
New homes are typically built with the newest technology and standards, plus all adhere to the most recent building codes. Newer materials can also last a lot longer than used or existing materials.
New homes can be very generic in design. Many older homes have more character or more traditional floor plans and features. Beauty is in the eye of the beholder but many buyers do value mature trees, communities and landscaping.
New homes are typically more energy efficient than older ones. More efficiency means less of an environmental footprint and money saved!
Suburban communities are usually the site of new homes. There is new construction available in the inner city region of Calgary in the form of new infills but unfortunately, the growing demand for these homes in Calgary and their attractive location means they are more expensive. If you are looking for a new home in the inner city region, be prepared to pay more and if a suburban location works for you, then be prepared for longer commuting times.
There’s always the possibility of getting a really good “early bird“ price if you choose to purchase early. They might even offer you some free upgrades and other incentives, as well as the opportunity to customize some features, as mentioned above.
Outside purchases not included in your price can be expensive. While a full kitchen set might be included in the purchase price, other things such as your lawn irrigation system, window blinds and other appliances might not be. Make sure you have an idea as to how much extra cash you’ll need to cover these. Decks, fences, basement development and landscaping can really add up!
Customize your homes landscaping just the way you want it. Buying new means you don`t have to remove any undesirable landscaping. Create your “Garden of Eden“ just the way you like it!
Less curb appeal. Always keep in mind how much work it takes to get your home exterior (and interior) looking the way you want them. Not only is this costly, but it can be very time consuming as well. Trees and plants don’t grow overnight, so patience is a must! Also, a home lacking curb appeal can be harder to sell than one with, even though if you buy new it’s likely you are planning on staying for the long term. Just something to keep in mind!
New homes come with warranties. If something breaks you can turn to your home warranty included in your home purchase to assist with any issues during the coverage period.
Warranties for new homes don`t usually cover things like improper usage of home features and wear and tear. Sticky situations can arise between home owners and builders, which is why it’s essential you know exactly the terms and conditions of your warranty, and do research to find a home builder who has a high customer satisfaction rating.
Looking to Buy a New Calgary Home? Working with me costs you nothing more. I can help you…
- Evaluate different builders
- Consider resale investment potential
- Compare different communities and amenities
- Represent you in the negotiation and contract presentation
- Act as your expert advisor, working solely for your best interests
Don’t miss these 3 New Home Buying Tips!