New Construction

posted by Barrett Scorpil on Thursday, May 17, 2018

Benefits of Building a New Home

Barrett Scorpil, BankORION Commercial Lender

Today's new homes offer more benefits than ever before. Here's a quick list of the Top 10 reasons why so many homebuyers prefer building new homes to buying used houses:

  1. Design Your Dream Home Your Way: Why settle for someone else's choices when you can select your own cabinets, countertops, appliances, carpets and flooring? While you're at it, you can choose bath and kitchen fixtures, lighting and other options that you love. Your new home will reflect your style, not someone else's taste.
     
  2. Choose a Floor Plan and Room Layout that Meets Your Needs: Want a master bedroom on the first floor? It's yours. With his and hers walk-in closets? Done! Want high ceilings and a luxurious master bath? It's easy when you build your home your way.
     
  3. All New, Under Warranty: A used home likely has tired products that may soon need replacing. Your new home — and the products that comprise it — are brand-new and under warranty. What's the cost to replace a roof, appliances, countertops or a water heater on a used home? Those components of your new home feature the latest designs and building materials and should offer you years of comfort and enjoyment before needing replacement.
     
  4. Energy and Cost Savings: Today's new homes are far more energy efficient than homes built just five years ago. Versus homes built ten or 20 years ago, its game over, advantage new. Why settle for drafty, energy-wasting, single-pane windows in a used home? Many new homes offer double or even triple-pane windows. Special window coatings and inert gases between the layers of glass are often available, saving you even more energy and money in both heating and cooling season. In fact, a 2016 survey by the National Association of Homebuilders found that 90 percent of respondents listed Energy Star appliances as an essential or desirable feature in their most-wanted list.
     
  5. Comfort and Indoor Air Quality: Today's new homes meet stringent energy standards and codes not in place in the past. They combine high-performance energy efficiency with state-of-the-art ventilation and air filtration. The result is year-round, draft-free comfort and higher indoor air quality.
     
  6. Low Maintenance: New cars today are computer-designed and computer-equipped. That's why they perform much more reliably than a car that's 15 or 20 years old. Homes are the same. Today's new homes have open floor plans and high ceilings that reflect the way we live today. They're also made of cutting-edge building products that require less care and maintenance.
     
  7. Community Amenities: Many new homes are built in master-planned communities.  New home communities also feature hiking trails, protected open lands and some of the best new schools and shopping near (or even within) your new home community.
     
  8. Advanced Technology and Design: It's possible to replace all of the single-pane windows in a resale home with today's high-performance windows. It's also possible to add insulation to a used home. However, it's very expensive to replace dated appliances, cabinets and countertops in a used home — and you still won't have the high ceilings you dream of on the first floor of an older two-story home. All are reasons to build your new home your way, to reflect the way you live today.
     
  9. Safety: State-of-the-art circuit breakers. Electric garage door openers with infrared beams that stop if a tricycle or child is too near. High-efficiency furnaces and air conditioners that use the latest environmentally-friendly coolants. Cabinets, carpets and paints that use fewer volatile organic compounds, so that you and your family can breathe easier.
     
  10. That New Home Feel: A used home was someone else's dream, not yours. It reflects their choices and family memories. More and more people prefer that never lived-in feel.
  1. barrett scorpil
  2. commercial
  3. construction
  4. development
  5. home equity
  6. home equity line of credit
  7. lending
  8. line of credit
  9. loan
  10. loan officer

About The Author

Barrett Scorpil

Barrett Scorpil is our Vice President at our Bettendorf location. Barrett brings 18 years of banking & finance expertise with him. He’s passionate about building strong and trusting financial partnerships with his business customers. Reach out to Barrett today with any of ... read more