Any investment you make comes with a certain amount of risk. Obviously, if you can minimize your risk (and maximize your return) you’re ahead of the game. How does that work when it comes to buying a home? For most of us, that’s still the single largest purchase/investment we make. Are you better off buying an existing home? Or do you play it safe by building a new home?
Is What You See Really What You Get?
When you buy an existing home you pretty much get what you see. You know exactly what the layout is. You know what works and what doesn’t. You can see it with your own eyes. When you build a new home, everything is “still to come.” But what about the things you can’t see? What are the risks there?
Hazardous Building Materials
If you’re purchasing an older home, you may risk exposing yourself to some hazardous building materials. Some older homes used asbestos in the building process. Some homes built before 1974 also used lead-based paint. Both of those things have been proven to have significant health dangers—especially to older people and children. A new home won’t present those same hazards.
Not all structural problems are visible to the naked eye. Even if the seller and the real estate agent are completely honest with you, an older home can have wood rot or termites below the surface. If there has been an undetected leak, you may have mildew growing that’s not apparent on the surface. A new home eliminates those problems.
Many older homes simply aren’t up to current structural, electrical, or plumbing codes. And Pennsylvania building codes have changed over the years! While they are still perfectly legal (having been “grandfathered in”) you may face some significant challenges if you want to make any improvements or changes. That can be costly (and inconvenient).
Older homes simply aren’t as energy-efficient as brand new homes. An older HVAC system won’t keep your home as comfortable in the winter or summer. On top of that, you’ll be paying more on your utility bills than you would with a brand new system. That’s where a RESNET®-registered contractor such as Liberty can ensure that you get the most efficient and safe home possible.
When you're building a brand new home you can include features that are tailored to your sensitivities and specification. That can include everything from paint to carpet or another kind of flooring. It can include universal design features that allow you to age-in-place in your own home. And, of course, it means you can select items such as cabinets and countertops that cater to your sense of style and your lifestyle.
Peace of Mind
Sometimes, the simple peace of mind that comes with building a brand new home is the most important factor of all. With a new home, you can be assured that everything works the way it should (including your appliances). And you'll also have the peace of mind that if something isn't right, your home warranty will cover you.
Those are just a few of the reasons why building a new home is the safe—and smart—play for your Poconos home.