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What To Consider When Buying A New Home In Florida

What To Consider When Buying A New Home In Florida

June 20, 2022 · 4 min read

Couple Viewing Potential New HomeFlorida has long been a desirable destination for home buyers, whether you are from here or elsewhere. Communities like Parrish, near Bradenton, Sarasota, and Tampa, are popular for new and growing families as well as for couples, retirees, or single professionals looking to buy a new home. When thinking about buying a new home, one of the main things to consider first is whether to buy a new construction or existing property.

There are pros and cons to buying and building a new construction home, just as there are benefits and disadvantages to investing in an existing property. However, in most cases, the advantages of investing your money in a new build property in Florida will often outweigh the benefits of buying an older house. Let’s look at some of these advantages of buying and building a new home in Florida if you’re considering a move or a real estate investment.

Lower Maintenance Costs
As homes are being built in an increasingly modern way, the benefit for the homeowner is a reduction in the cost of maintenance. Rather than moving into an older home that requires upkeep, repairs, renovations, and maintenance, you can move into a home that has just been completed and is as close to perfect as you can get. Oftentimes, there are lower costs in terms of energy and other utility bills when you buy a new construction home. The award-winning, premier builders at North River Ranch offer a wide selection of high-tech and energy-efficient homes throughout the community, from new single-family homes to townhomes and villas.

Comes with a Warranty
When you’re looking to buy a new home, you are likely to find that many of them come with a warranty. While this doesn’t last forever, it generally lasts for several years – allowing you to settle into your new home and flag any concerns as they arise. As you settle in over the coming years, you will have peace of mind knowing that issues can be (or had been) dealt with under warranty. It’s important to check exactly what the warranty covers since it may vary by the homebuilder and might not cover all aspects of the home. There may be other costs for you to cover as the homeowner.

Finance Options Available
You are likely to find that buying a new construction home provides advantageous financing options. There are often more finance deals available aimed at people buying new homes, and, most especially, first-time buyers. The home builders may have a financing team they work with, and you can speak with them to explore the different options available that may be different from traditional financing options.

It’s a Long-Term Investment
When you buy a new home, you are making a long-term investment for the future. This is a positive thing but, something to consider is the responsibilities of homeownership that are much different from renting a property. Taking your time to make the right decision can make a huge difference.

Finding the Perfect Place to Live
If you’re looking for somewhere to live in Parrish or other parts of the Tampa/Sarasota area, consider exploring communities like North River Ranch. The hand-selected, premier home builders offer award-winning designs and floor plans that meet the needs of homebuyers today –whether you’re looking to design your new home from the start or you’re looking for a quick move-in home already under construction. These new homes are ideal for individuals, couples, and families alike, with plenty of activities to explore in and around the community and its amenities.

About Neal Land & Neighborhoods

Neal Land & Neighborhoods is a Manatee and Sarasota, Florida-based community and master land planning and development organization led by John A. Neal. The company incorporates smart master-planning and public infrastructure solutions to create the next level of elite community planning in Southwest Florida. By working with carefully selected new home builders, Neal Land & Neighborhoods aims to establish thriving, sustainable, livable, and ecologically sensitive communities throughout Manatee, Sarasota, and Hillsborough counties. Neal Land & Neighborhoods currently owns or controls several thousand acres of land entitled for more than 9,000 future residential homes and the supporting mixed-use commercial and retail. For additional information, visit www.nealland.com.

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