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.

Buying a new home offers a range of benefits including increased space for growing families and various lifestyles, energy-efficient construction, personalized amenities, and financial advantages like building equity and tax breaks. With the Wichita area economy being stable and strong, low financing rates, and a great selection of homes, the time is right for investing in a new property for both immediate and future benefits.

According to a consumer preference survey by the National Association of Home Builders, energy management is the most desired home technology feature, as home buyers increasingly seek long-term value, convenience, safety, and comfort in their homes. Technologies like automated HVAC systems, water heaters with timers, and programmable lighting not only provide these benefits but can also significantly reduce annual energy costs, saving homeowners an estimated $200 to $400 according to Energy Star.

Prospective home buyers choosing between resale and new properties should consider the unique advantages of new homes, which often include energy-efficient designs, customizable elements, and warranties. Aside from these advertised features, new communities offer the opportunity for immediate neighborly bonds, contemporary open layouts ideal for entertaining, a blank canvas for personal decoration both inside and outside, and ample electrical outlets tailored to today’s technology needs.