When shopping for a home, there are a great deal of decisions to make! How much space do you need? How many bedrooms would you like? What style of home matches your lifestyle? There are so many questions to ask, it can be difficult to know where to begin. Answering these questions may feel overwhelming at first, but making these decisions can help you turn your “dream home” into a reality by identifying the qualities that are important to you. New Home or Resale? One major decision buyers face is whether to purchase a new home or a resale. (A "resale" is an existing home. A "new" home refers to new construction.) Many factors go into making this decision, the biggest of which is typically  budget. In most cases, the price difference between a newly built Sunrise home & an existing home is minimal. However, the difference in value is not. With a new home from Sunrise Homes, buyers can rest assured that each and every included appliance & home system has been professionally installed, and is at the very beginning of its life cycle. Each new appliance in a new home should also come equipped with a manufacturer's warranty. So new home buyers can sleep easy knowing their new Sunrise Home is in mint condition for years to come! New homes typically include new appliances, built with the most up-to-date energy saving features. When comparing the benefits and drawbacks of purchasing a new home or a resale, consider the costs associated with replacing home appliances & systems in an existing home. Major Home systems Life expectancy information for major home systems is based on systems that have been properly serviced and maintained. Replacement cost information for major home systems is based on replacement & installation costs.   Here are some other benefits to new home systems when purchasing a new home:

• New home systems grant new homeowners the peace of mind associated with appliances at the very beginning of their life cycles.
• Designed with energy-savings features, new home systems mean lower energy costs to homeowners.
• With all new home systems, home owners can rest assured that their home is equipped with the latest safety features.

Major Home Appliances  Life expectancy information for major home appliances is based on appliances that have been properly serviced and maintained. Replacement cost information for major home appliances is based on replacement & installation costs.   Here are some other benefits to new appliances associated with purchasing a new home:

• Most new appliances, like new home systems, are built with energy-saving features, which equates to lower utility costs each month.
• No guesswork as to whether or not regular maintenance was performed on existing home appliances to ensure optimal performance.
• Having all new appliances means new homeowners will not inherit any lingering odors, messes or quirks from previous owners.

Not to mention personalization...

These numbers represent the costs associated with replacing major home systems & replacement of home appliances only. There are many other costs that come into play when purchasing an existing home. You may want to change paint colors, install new flooring, or even refinish cabinets to help turn your new house into your new home. All of these projects cost money, and are well worth the investment. Still, why take on extra costs when you could start fresh in a newly built home from Sunrise Homes? We will discuss even more benefits to purchasing a new home in regards to personalization & new home selections, including paint, cabinets, tile, fixtures, and more, in our next post on the Sunrise Homes Blog, Why Buy New? Reason #2: Your Home, Your Way From the Very Beginning. In many cases, the cost of a new home is the same or very close to that of a resale, but the value is SO much greater. Instead of asking “Why buy a NEW home?” maybe we should be asking why on Earth you wouldn’t buy a new home!

       

Sources:

Home systems life expectancy: Furnace, Heat Pump & Central A/C System; Hot Water Heater

Home systems replacement cost: Furnace; Heat Pump;Central A/C System; Hot Water Heater

Home appliance life expectancy: All

Home appliance replacement cost:  Dishwasher, Oven/Range & Microwave Oven; Garbage Disposal; Thermostat