Ten years ago, a new home cost about $60K more than an existing home.
Not anymore. Today, new construction and existing homes are virtually on equal price footing.
That said, here are a few reasons why a new home may be right for you:
• New homes are built with the latest materials and technologies, making them more energy-efficient and sustainable.
• You may be able to customize your new home by choosing the floor plan, finishes, and appliances.
• Most new homes come with a warranty, which means major problems will be covered.
• New construction homes typically have modern community amenities.
• Let’s face it. As much as you might love the idea of a fixer-upper, most people don't have the time or capacity for major renovations or upgrades.
Keep in mind a new home can take several months to be completed. But if you can weather the wait, a new construction might be ideal for your next home.
Want to hear our take on the newest neighbourhoods in the South Okanagan? Say the word by sending us a message, and we’ll share all the details.
“Bringing You Home to the Good Life”
Morrison Bifford Real Estate Group
Royal LePage Locations West Realty
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