Get your money’s worth buying a new build home
Posted on May 17th, 2023Are you in the market for a new home but struggling to decide between buying a new build or renovating an existing property? It’s a common dilemma that many homeowners face. Whilst both options have their advantages, there are several reasons why buying a new build is more cost-effective than renovating. So, whether you’re a first-time buyer or a seasoned homeowner, read on to discover why you should consider a new build over an older home.
Why are new builds more cost-effective than renovating?
According to recent research by the Home Builders Federation (HBF), home buyers can expect to spend over £70,000 upgrading an existing property to meet the standards of a new build home. There are several reasons for this including:
Energy-efficient materials
One of the biggest advantages of buying a new build is that they have to comply with the latest building regulations. Modern homes are constructed with energy-efficient building materials resulting in significant savings on energy bills, in comparison to older homes. In fact, over 80% of new homes have the highest A or B ratings. That compares to just 2.2% of existing properties.
High-specification
Another advantage of buying a new build is that they come with high-specification appliances and fixtures as standard, that will last you for years to come. These high-grade appliances are designed to use less energy than their older counterparts, significantly reducing your energy bills over time.
Warranties
Most new build homes are also backed by a 10-year warranty to cover things like structural defects or building issues that could otherwise be extremely expensive and time-consuming to fix.
Low maintenance
Finally, one of the biggest advantages of buying a new build is that they require little to no maintenance in the first few years. This is because everything is brand new and of high quality. This can be a huge advantage over renovating an older home, which often requires ongoing maintenance and expensive repairs.
Start your Seddon Homes journey today
So, now you know that by purchasing a new build, you’ll be getting your money’s worth, it’s the perfect time to start the journey to your new Seddon home. We have a fantastic range of stunning properties available across our developments, there is something for everyone. If you’ve got your eye on a specific house type, please contact the development of your choice and our friendly Sales Advisors will be happy to help with any questions you may have.
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