The Real Estate market is on fire right now. With low interest rates, it feels like the right time to get into the home of your dreams. When looking at the marketplace, you’ll have two choices: buy existing or build new. While Adair Homes has always made the case for building new, now it appears we aren’t the only ones espousing the advantages of new construction. Real Estate authority Zillow recently released a report on the current state of homebuilding entitled ‘New Construction, Consumer Housing Trends Report. Inside the report, they’ve collated information from Realtors and Home Sellers on the why’s behind the new desire for custom construction.
Top 6 Reasons
1. Smart Home Features
"35% of Zillow's new construction home buyers that were asked about their top three reasons for buying a newly built home, point to the appealing home features."
With today’s technology, there are unparalleled opportunities to integrate lighting and sound systems throughout a new home, not to mention data ports, USB outlets, and built-in wifi routers. With new construction, you can dictate the kind of new technology and smart home features you want integrated into your home.
2. Desirable Location
"37% of new construction buyers who were asked to pick their top three reasons for buying a newly built home, name the home's location."
It’s the number one rule of real estate: buy in a desirable location. When building new construction, you’ll be able to identify exactly where you want to live and focus on buying land in that area. Your location dictates school choice, work commute, and zoning.
3. Everything NEW
"When asked to pick their top three reasons for buying a newly built home, 41% of buyers cite the fact that everything in the home is new and never used"
Imagine every appliance in your home is brand new and comes with a warranty. There’s peace of mind in knowing that your microwave and refrigerator are new, energy efficient, and free of mold and fungi. And then, there’s the carpeting throughout new homes—never been walked on, spilled upon, or torn by animals. New homes appeal to people who are looking for a fresh start.
4. Ability to Customize
"27% of buyers also cited the ability to add customizations, as a reason to purchase a new construction home."
Like to entertain? How about a bigger kitchen island? Like to live an indoor/outdoor lifestyle? A covered porch might be the perfect addition. Need an extra bedroom? Add it on. There are a million different ways you can customize a new home and add value where value should be added. Your lifestyle dictates the home you build.
5. Value Added
We all have priorities. If you’re a budding chef, you might want to invest in a super deep stainless steel sink. Perhaps you prioritize relaxation, and a jetted tub is a desirable addition to your home. When you build a custom home, you get to make the decisions about what value-added items are balanced inside the budget.
At Adair Homes our customers average an equity position of 25% at move-in.
6. Floorplan Selection
"Of those polled, 26% stated that being able to select the layout of the home was a top reason for buying new construction."
From the number of bedrooms and bathrooms to the size of your Great Room, choosing your own floorplan is the number one reason most people desire to build a custom home. Homes should reflect the people that live inside them, whether you are a multi-generational family or a retired couple looking to downsize. Choosing your own floorplan is a major advantage to building new. Download our Floorplan Guide to find your family's dream home!
Have you been looking at real estate lately? Stop by your local Adair Homes branch and talk to a Home Ownership Counselor. You might be surprised at how affordable your dream home really is.
About Adair Homes
With 51-plus years in the industry, Adair’s long-term commitment to treating each customer with honesty, integrity, and respect has paid off, 22,000 customers strong and counting.
At Adair Homes, our mission states that it is our privilege to build our customers the home they have always dreamed of. We believe in providing the greatest value for our customer’s dollar and finding innovative ways to value engineer homes. We believe that we can offer an outstanding customer experience that is both enjoyable and rewarding—and offer this one-of-a-kind customer experience as the largest on-your-lot builder in the West. For more info, get in touch with us here or call 1-844-518-7072.
