If you’re thinking about building your dream home, weighing all the pros and cons is essential. After all, this is a significant investment, and you want to ensure it meets your requirements.
Newly constructed homes tend to be more cost-effective than resale options, but you must assess a builder’s track record before you commit.
Cost
The cost of building a new home can vary considerably based on several factors. However, land, framing and interior finishes tend to be the most costly components in the process.
IKON Homes new home builders Auckland provide incentives, such as free furnishings or covering your legal fees. These can help reduce the cost of your house purchase; however, always inquire about these and other perks before committing.
Your choice of floor plan will impact the cost of constructing your new home. Basic designs are more straightforward to create than those with angled walls, varying rooflines and other unique elements.
During construction, builders are accountable for covering the cost of constructing their homes and employing subcontractors. This cost typically includes a general contractor fee, materials, and labour.
Time
The time it takes to construct a home depends on several factors. For instance, the more decisions involved in the process will extend its duration; additionally, construction crew availability and skill level can enormously affect how quickly things get done.
On average, it takes seven to eight months for a home to be built from beginning to end. This time includes gathering the right team, finding an appropriate site, designing the house, securing financing and permits, making necessary design changes, and constructing it.
Custom-built houses require more time to construct. Depending on how complex and large the project is, completion could take up to 12 months.
Convenience
Buying and constructing a new home doesn’t have to be overwhelming. The key is working with an established builder and having a based contract.
A reliable new home builder will assist you with zoning laws, permits and inspections. They also know which lender offers you the most competitive rates.
New homes are more energy efficient than older ones due to advanced heating and cooling systems, improved windows and controlled air filtration. It can translate into substantial savings for homeowners.
Many new homes also boast the latest smoke detection and circuit breakers, protecting them from fire hazards while cutting insurance costs.
Energy Efficiency
Energy-efficient homes save homeowners money on utility bills through reduced heating, cooling and electricity usage. Furthermore, this reduces greenhouse gas emissions and contributes to protecting the environment.
When considering how energy efficient a home is, several factors, such as its size and green features, come into play. For instance, larger houses require more energy to heat and cool, while solar panels can help cut back on bills by cutting back on electricity consumption.
One factor that can influence a home’s energy efficiency is the type of insulation it uses. A house with higher R-values will be more energy efficient than one with low values.
Many new home builders are incorporating innovative materials, insulated concrete forms (ICFs), and methods, like the whole-building system approach, into their designs to build more energy-efficient homes than traditional construction.
Warranty
When buying a new home, knowing the warranty provided by the builder is essential. Doing this can protect you from unexpected future costs, delays and lawsuits.
Most new construction homes have a one-year warranty on artistry and materials, and some provide two-year coverage for HVAC and plumbing components. Furthermore, some provide ten-year structural warranties to cover significant flaws.
A warranty is a service contract agreement between a home builder and a customer that outlines how repairs should be made in case of defects. It may also include dispute resolution procedures and steps for homeowners to take to make a claim.
Builders’ warranties typically cover general artistry errors and materials that don’t meet industry standards. It could include defective siding and stucco, drywall, paint, interior trim, and hardwood floors.
However, that doesn’t guarantee accurate workmanship. A great way to avoid warranty claims is by performing routine inspections of your newly built home throughout each stage of construction.
Keep a record of every conversation with the IKON Homes new home builders Auckland, including dates, so you can demonstrate what was promised in court. Furthermore, arrange a home inspection before closing and another after the walls are sealed.
Many states have implied-warranty laws that guarantee new construction homes are free of defective materials and designed according to sound engineering practices. These regulations often give homeowners the legal ability to assert their rights against a home builder if they uncover flaws not revealed during construction.