New Home or Resale: Which is the Smarter Investment?

May 9, 2012

When you decide to buy a home—and, incidentally, there are so many reasons to do so now, energy efficiency, you can personalize “Your New Home,” and you get a warranty! Are you focusing on purchasing an existing home because you think you can get a better “deal”?

The truth is, the sale price of a resale is often only the beginning. You’ll likely have to invest in repairs—cosmetic or structural. Depending on the age of the house, you might be looking at replacing the roof, flooring, major appliances, furnace, water heater, or other items that last only a finite number of years. What kind of structural repairs are you facing? Do you know the condition of the underlying support system (foundation, beams, etc.)? And how responsible was the previous owner? Did he ignore basic maintenance or perhaps cut corners on repairs?

Once you add up the extra costs associated with bringing a resale up to your standards, you might find yourself regretting that you didn’t opt for a brand new home. Consider these advantages of purchasing a new home:

  1. Picture perfect. You’re not at the mercy of the previous owner’s choices. You can choose everything in advance: location, floor plan, windows, trims, flooring, appliances, light fixtures, window treatments, colors, and even the landscaping.
  2. Move-in condition. You won’t need to spend time or money on changes and repairs after the sale.
  3. Warranties. With a new home, you gain the peace of mind that comes with having everything under warranty: the house itself, as well as the appliances, flooring, and heating and air conditioning systems.
  4. Energy efficiency. Starting from the ground up allows you to incorporate energy efficient systems into your home—rather than attempt a retrofit—so you enjoy continued comfort and savings (including a tax credit for owning an energy efficient home).
  5. Low maintenance. New homes are built with the latest in technology and materials, designed for greater durability and low maintenance.

Forget the myths you’ve heard about purchasing a new home. We’re in a new decade, with new advances, pricing, and more. There has never been a better time to reap the rewards of a new home!

Contact Stylecraft Builders, if you have any other questions.

 

Stylecraftbuilders.com


Eeny Meeny Miney Mo?

May 2, 2012

You may or may not be wondering how we chose Stylecraft Builders (www.stylecraftbuilders.com) to build our house. If you were reading the last entry carefully, you would know that the owner of Stylecraft (Randy French) is a friend of Joe’s. Of course, that weighed heavily in our decision, but there were several other factors that we considered.

First, we knew we would not be building a true custom home from one of the more expensive builders in town. We can’t afford a luxury home in an exclusive community with all the bells and whistles, but we still wanted a nice home. We didn’t want a home that looked cheap or would need the carpet, flooring, and appliances replaced in a couple of years because they were not good quality.

Stylecraft’s mission statement says it all:

“Merely follow the Golden Rule. Build each home as if you are building it for yourself – treat each customer with the respect they deserve and make the building process a positive experience with can-do attitude and integrity.”

We were really impressed with the features that come standard with our home: granite countertops, tile and laminate flooring, cedar fence, sprinkler system, etc. Before we signed our contract, we went to the model homes and also went to a home that was nearing completion. I am pretty sure it was when we saw that home, that Joe and I both knew that we were going to build a home and that Stylecraft was going to build it for us. We walked into a dusty home under construction that still managed to be a beautiful home that felt homey and luxurious all at the same time. And it wasn’t even finished yet!

Another thing that sold us on Stylecraft was the reaction we got from our realtor friends when we told them that we were building with Stylecraft. Each person congratulated us and told us that not only will we get a nice home, but also a nice home building experience.

Finally, and most important to us, was the knowledge that the people who work for Stylecraft are good people. Randy French has a reputation for helping others in the community and being a man of his word. The company actually built an Extreme Makeover house several years ago taking up tons of time and resources to make it all happen. While we know our house won’t be built in 7 days, we are positive that they will build us the house we want with the quality we expect!