Buying a new home for the first time in your life can be an overwhelming experience. It may be one of the heaviest financial commitments you’ll have to make. So, you want to pick a home that is within budget and suits you and your current needs.
Chances are, you have a wish list that sets out all the non-negotiable features of your perfect home. However, where do you look? Is your heart set on living in a property with history or one that needs a bit of work? Or would you prefer to settle in straight away? If the latter is true, new construction communities in Virginia might be just up your street.
What is a New Construction Community?
You might not have considered this type of housing in your quest to find a first home. So, let’s break down what a new construction community is.
A new construction community differs from buying a new house on a single lot. It’s a planned development of multiple homes on one large piece of land. In essence, a housing developer builds a whole community from scratch.
The houses within a new construction community are all built in a similar way and style. This way, the features of the homes in the development are consistent. You can expect the same quality and craftsmanship in the other new builds as seen in the on-site show home.
What are the Benefits of Buying a New Build in Virginia?
Perhaps you are still on the fence about whether to explore the exciting world of new builds or to go the traditional route and opt for a doer-upper. There are many reasons why first-time buyers choose to live in a new construction community in Virginia. Let’s check out the main benefits.
Life in Virginia
Whether you already live in the state or are making the move to Virginia, this region has a lot to offer first-time home owners. With Virginia’s varied landscape, you can go for a hike or stroll along the beach in your free time. The state boasts the beautiful Appalachian mountain trail and the wildlife haven, Chesapeake Bay.
Customization possibilities
With a new build, you can buy before the property is even complete. This means there is an opportunity for you to tweak aspects of the design. From finishes to special features, you can influence the way you want your new home to look.
Energy efficient
New builds are built to the latest standards and strive for energy efficiency. Not only does this result in lower energy bills for you, but it also means that you are contributing to lowering your own carbon footprint.
Future investment potential
There is no rule to say that a first-time buyer has to purchase a property solely for living in. Properties are an excellent way to invest your money, and therefore you may see a new build as having earning potential in the future.
Ready to live in
On the other hand, a new build may be seen simply as a place to start a fresh chapter in your life. You may not want the fuss and bother of fixing up a property, and you see it as a home more than an investment. This will be a place to make memories as soon as you move in.
Low-maintenance
Continuing on from the last point, because the property is ready to live in and brand new, there is little maintenance you need to carry out in the beginning. Of course, wear and tear will eventually occur, but this will be in years to come.
Safe and compliant
Unlike properties built 30 to 50 or even 100 years ago, modern homes are built to exacting safety standards and are compliant with all the necessary fire and structural regulations. If this is a big concern to you when buying a home, a new build is a safe bet. You are less likely to have to watch out for those home-buying red flags!
Covered by warranties
Most new homes come with warranties that ensure any structural issues, and even faulty fixtures and appliances are fully covered for a period of time. Therefore, you won’t have the added financial pressure of maintenance fees in the early stages.
First-Time Buyers: Why are New Construction Communities in Virginia the Perfect Choice?
To sum up, ultimately, the reason why new build developments in Virginia are such a solid choice is down to the location and the features of the properties. For first-time buyers looking for a healthy work-life balance, Virginia offers a perfect blend of city life and the great outdoors.
What’s more, the ease of moving into a new build property takes the stress out of home ownership. Everything is ready for you, and any issues are covered, giving you peace of mind as you settle into your new home.