Perks of Buying New
Today’s homebuyers are drawn to the many benefits of purchasing new builds. From prioritizing energy efficiency to reveling in the freedom to customize design elements, new homes offer a turnkey solution without the hassles of refurbishing aged properties. At New Homes Wichita, we champion the seamless blend of modern standards and personal touches that only a brand-new home can provide. Join us in redefining homeownership for the contemporary era.
Homeownership Anchors Family Stability and Success
Beyond providing a roof over our heads, homeownership plays a crucial role in bolstering family life. It offers unparalleled financial, residential, and civic stability, with children in homeowner families often reaping the most benefits. From improved health and academic achievements to positive behavioral outcomes, the security of owning a home lays the groundwork for family success. At New Homes Wichita, we celebrate the deep-rooted impacts of homeownership on the family fabric.
Homeownership and Community Engagement
Homeownership is more than just property ownership; it’s a commitment to community well-being. Homeowners often have a longer, deeper engagement in their neighborhoods, leading to increased social participation, enhanced security, and more public amenities. Their proactive approach to home maintenance further beautifies neighborhoods, making them more appealing. At New Homes Wichita, we champion homeowners as pillars of community strength and development, recognizing the vast contributions they make beyond their front doors.
The Financial Wisdom of Homeownership
Buying a home goes beyond securing a place to live; it’s a cornerstone of many American families’ net worth. Younger households, often still refining their financial habits, find the home buying process a crash course in discipline. From saving for a down payment to managing debts, this journey fosters fiscal responsibility. Additionally, homeowners enjoy tax advantages, including mortgage interest and property tax deductions, enhancing the financial allure of owning a home. At New Homes Wichita, we highlight homeownership as both a dream and a savvy financial step forward.
The Multifaceted Rewards of Homeownership
Beyond the emblematic American dream, owning a home offers tangible personal, communal, and financial benefits. Homeowners typically accumulate wealth at a rate 45 times greater than renters. Tax advantages include full deductions on mortgage interest up to $750,000 and property tax deductions, capped at $10,000. Plus, significant capital gains from selling one’s primary home can often be tax-exempt. At New Homes Wichita, we champion the manifold advantages of making a house your own.
The Health Benefits of Homeownership
Research indicates a positive link between homeownership and better overall health and well-being. Homeowners, due to their tendency to reside longer in one place, become more familiar with local health resources, leading to better health practices. Furthermore, the equity in their homes offers financial support during health emergencies. Beyond tangible benefits, homeownership fosters a sense of accomplishment, self-esteem, and community connection, which in turn boosts mental health and overall life satisfaction. At New Homes Wichita, we believe in the transformative power of home not just as a structure, but as a foundation for holistic well-being
Your New Home is Ready
Buying a new home means bypassing the hassles and hidden costs of fixing and remodeling an older property, allowing you to move into your dream house in an ideal neighborhood from Day One. By choosing a newly-built home, you not only get modern design and materials but also a residence tailored to your daily needs and experiences, ultimately providing greater long-term value and comfort compared to settling for an older home with ongoing maintenance issues.
Home Builder Warranties
New home warranties offer limited coverage for workmanship and materials in various components of newly built homes, such as HVAC, plumbing, and electrical systems, with the duration of coverage varying by component. It’s crucial for buyers to understand what the warranty covers, how to file claims, and the dispute resolution process, which may involve mediation or mandatory binding arbitration, especially for homes purchased with FHA or VA loans.
Selecting a Constractor
To protect yourself from disreputable contractors in the Greater Wichita Area, a task force recommends hiring only licensed contractors and diligently vetting them by checking references, business relationships, and insurance coverage. Ensure that you have a comprehensive written contract that details the work to be done, costs, and warranties, and never make the final payment until you are completely satisfied with the completed work.
Selecting a Builder
When shopping for a new home, the quality of your builder is as crucial as the features of the home itself; start your home-buying journey by vetting professional builders first. Research builders’ reputations, visit their completed projects, scrutinize the quality of construction, and inquire about post-sale services and warranties to make an informed decision, ensuring your new home is a sound and satisfying investment.
