Why more homebuyers are turning to new construction over resale homes
Finding a home you love in an ideal neighborhood can leave you frustrated by bidding wars, endless searches, and costly renovations. Unlike a previously owned home, buying a new home offers greater advantages. From investment potential and maintenance costs to quality materials and peace of mind, learn why buying a new construction home can benefit you in the short- and long-term.
High Quality + Low-Cost Maintenance
When you purchase a resale home, there’s unknown wear and tear that can add up to costly repairs and ongoing maintenance. Since new homes are built in accordance with the latest building codes, safety regulations, techniques, and updated materials, they generally require less care and maintenance, giving you the peace of mind of fewer unexpected out-of-pocket expenses. According to Census data analyzed by the National Association of Home Builders (NAHB) a new home costs 2.5 times less to maintain than an older home.
Modern, Multifunctional Floorplans
With more people working from home, the need for hybrid spaces, bonus rooms, and designated offices has become a top priority. The design of new homes have evolved to be more functional and better fit a home-centered lifestyle. You’ll find that many of the home plans within our library include more flexible uses of space, smart storage solutions, indoor-outdoor living, and floorplans that make the most of every square foot. Explore our library of home plans and elevations.
Better Energy Efficiency
New construction homes are built with the latest technology, building practices, and construction materials to meet high, energy-efficient standards and keep utility bills lower compared to most older homes. According to the NAHB, the annual utility costs of newer homes is about $1 per square foot compared to older homes that average $1.28-$1.62 per square foot. In addition to energy efficient features, you’ll also find that a new TJH home is designed for a healthier lifestyle, with better air and water filtration systems, more natural light, and an impressive suite of included smart home technologies. See all included features of a TJH home.
What do you see when you think about your dream home? With a new construction home, you gain the unique opportunity to select the finishes, custom elements, and design that make it truly yours—all without the stress of renovating. When you choose a TJH home, our in-house design team will work with you on personalizing the design of your new home, which can include everything from paint and wall finishes, flooring, countertops, hardware, trim, moldings and millwork, built-ins, lighting plans and so much more.
A New Home Warranty
Similar to a new car, a new home has the protection of a more comprehensive warranty that covers any issues that may arise. An all-inclusive home warranty program, like our industry-leading 10-year warranty, provides more peace of mind for homebuyers and protection against unexpected repairs.
Convenience in a Competitive Market
With the high demand and low inventory of the current housing market, many homebuyers are forced to trade off between a home they want and a neighborhood they love. Resale homes can also come with the stress of costly bidding wars and high-priced offers. A new construction TJH home eliminates the need to compromise and offers a simple, transparent process to have the right home, right where you want it.
Higher Resale Value
In addition to offering a turnkey solution, a new home can also be a better long-term investment with higher resale value. An older home may seem less expensive initially, but the average cost of remodeling is generally more than the value it adds to the home. For example, the average bathroom remodel costs around $15k, yet, it only adds ~ $10K to your asking price when reselling. Not only do new homes allow you to skip the hassle of renovating, but they also hold their value longer, making them a smart long-term investment.
View our collective library of pre-construction and move-in ready homes to find your perfect fit in your desired neighborhood.