Pros & Cons of Buying a New Build Home | Mooikloof Country Estate

March 8, 2023

Here’s the deal

Buying a new build home is an exciting new journey for many homebuyers. Why? Well, the idea of being the first person to live in a brand new property with all the latest features and modern design is a very attractive offer to many.

But the truth is, like any major life decision, you have to take a step back, and consider the pros and cons. Today, we will explore some of the pros and cons of buying a new build home, helping you in making the right decision when it comes to your dream home:

The Pros:

More Energy Efficient:

New build homes are typically built with the latest energy-efficient materials and appliances. This means that you can enjoy lower electricity bills and a more environmentally friendly home.

No Chain:

One of the biggest advantages of buying a new build home is that there is no chain. What does this mean you ask? It means that you don’t have to wait for the current owner to move out before you can move in. When the home is completed, you just move in. This can make the buying process much quicker and smoother.

Customisation:

When you buy a new build home, you often have the opportunity to customise certain features, such as the layout and finishes. Providing you with the opportunity to personalise the home to your exact specifications and preferences.

Warranties:

Most new build homes come with warranties from the builder, which give you peace of mind in case anything goes wrong because you know…things can sometimes go wrong. These warranties can cover anything from structural defects to faulty appliances.

Modern Design

New build homes are often designed with modern features and designs that are popular today. These include features such as open-plan living spaces, high-tech appliances, and energy-efficient materials.

The Cons:

A Bit Pricey:

New build homes are often priced higher than similar properties that are a few years old. This is because they are brand new and come with all the latest features and designs. You might have to dig deep into your pockets if you want the best home for your family.

Risk of Delays:

Normally, when you buy a new build home, there can be a risk of delays. A variety of reasons, such as bad weather or supply chain issues, can be to blame for these hold-ups. Such delays can often be frustrating and can affect your moving plans.

Unknown Neighbourhood:

When you buy a new build home in a new development, the area might seem a bit unfamiliar to you. This can be daunting for some to move to a location that you are not familiar with and know little about.

Lack of Character:

Newly built homes can sometimes lack the character and charm of older properties. They can feel sterile and generic, without any of the unique features and quirks that make older homes so intriguing and attractive to buyers.

Unfinished Developments:

If you are buying a new build home in a development that is still being built, you may have to put up with some construction noise and disruption from time to time.

In conclusion, buying a new build home has both pros and cons. It is important to carefully consider your options before making a purchase. At Mooikloof, our homes are built to last through our trusted and experienced developers at Earp Construction. Each property boasts modern finishes and more than enough space to raise a family in the heart of the Garden Route.