New construction is booming across the state of Florida. In areas near Fort Myers, luxury homes are being built as well as affordable residences. In fact homes for sale in Oviedo, Coral Gables luxury homes, Boca Raton luxury homes, and other places are offering a selection of new construction along with established homes for sale.
Now that you are in the market to buy a home, you may be asking yourself should I buy new construction or an existing home. On first thought, buying new construction sounds perfect. Everything is brand new and maybe even custom tailored to your preferences. While that sounds great there are other important factors to consider that might prove an older home is a better fit.
Location
One significant component is what area of the country and state you want to live in. With the abundance of existing homes on the market, the selection of newly constructed homes in your area may be limited.
Since developers often need to build new homes on vacant land, homesites might be further away from established and desirable areas. This may add to your commute time to work, stores, and even schools.
Also, if you are moving into the community as one of its first residents, you should be prepared to be living in a construction zone for the near future. It can takes months and sometimes even years for a community to be completed.
Cost
Another factor is cost. While new construction prices are typically higher than existing homes in the same vicinity, the upkeep and maintenance fees in the near term are usually lower. For example, you shouldn’t need to budget for a new roof, water heater, or other big ticket repairs for years to come, but you might need to do just that with an older home.
When buying new construction you also get to decide on many of the features that will be added into the home. Flooring, cabinetry, lighting, and various different upgrades, such as appliances, can be personally selected to give the place your own signature style. Just remember all those great amenities can add up quickly and can end up costing you more than your ever expected.
Time
Who doesn’t love a new home look and smell? Everything should be perfect and ready for you to move in. And yet, while everything is brand new, it still might not rival the charm and coziness of an established older home. Tree-lined, quaint streets probably are not what you will be coming home to in a newly constructed neighborhood.
You also won’t have the privilege of living next door to a community of neighbors that are well-established in the area and can give you information on the neighborhood.
All these perks will take years to become established in a new development. So, be sure this is something that is fine for you and your family. You’ll want to do your homework because new or old, it still want the place you buy to feel like home.
Advice
Whether you are considering established Fort Myers luxury homes or new construction in Savannah Oaks where sites for new homes for sale in Jensen Beach are being offered, you should get advice from Berkshire Hathaway HomeServices Florida Realty. Our knowledgeable sales professionals in the local area will assess your needs and wants and help you find the perfect preexisting or new construction with floorplan designs to meet your dreams! Give our Fort Myers home office a call today or contact any of our more than 39 offices across the state. We’re always ready to assist!
