From the time you decide to buy a home, until after you move in there will be choices you must make, therefore it is important to know some of the dos and don’ts of buying and keeping up a home.
You will find the information in this section very practical, and useful throughout your journey, while learning about the ins and outs of the housing market.
Owning a home is a remarkable phenomenon - you actually live in your investment, which is considered by many to be one of the wisest choices you can make! And by selecting a new home, you enjoy numerous advantages that range from the practical to the aesthetic.
Every year, construction standards and materials improve. New homes are built with low-maintenance, durable products and advanced construction techniques that can save homeowners both time and money. Better insulation, higher-efficiency heating systems and improved ventilation make new homes more comfortable, save on energy costs and uphold environmental standards that help to prevent mould and improve air quality.
Vinyl-clad windows, aluminum soffits, low-maintenance siding and clay brick eliminate much of the upkeep that many resale homes require, even fairly modern ones. Current wiring and cabling can accommodate Internet and other electronic needs that enable you to set up an office and stay connected from home. Improved safety is also a consideration, with features such as smoke detectors wired into the home's electrical system.
Keep in mind that every new home in Ontario is covered by one-, two- and seven-year warranties through Tarion Warranty Corporation (www.tarion.com). This organization provides new home purchasers with deposit protection, as well as protection against defects in work, materials, structural components and more. A resale home may appear less costly, but as many purchasers discover, it may require expensive repairs to bring it up to the standard of living you expect.
A new home is also an investment of the heart. There's nothing quite like moving into a brand new, clean home as its first owners, into surroundings that reflect your taste with personally chosen features and finishes. The scope of standards, upgrades and customization options available today is enormous, and knowledgeable Design Centre staff can help guide you through the choices that maximize your investment.
Modern homes include functional and beautiful floorplans with light, airy open-concept areas that can accommodate both formal and casual living. Larger, well-built windows are more plentiful than ever and invite natural light to flood these beautiful interiors without letting heat out or cold in. And substantial closet and storage space is one of the major reasons purchasers state for buying new, because most resale homes are lacking in this regard.
Builders also recognize that the concept of "home" extends beyond the walls of a home. Today's communities either include parks, schools, recreational venues and shopping, or are situated in areas that are handy to established amenities. Architecturally controlled exteriors create an eclectic yet harmonious look to streetscapes, and make the community a pleasure to come home to.
However you look at it, a new home offers the opportunity to start fresh in beautiful, livable surroundings that are a solid investment in your future.
One of the most exciting steps in the new home buying process is the Colour Selection appointment, at which you get to choose the features and finishes that will personalize your beautiful new surroundings. This is your opportunity to transform your "house" into your "home." It's also your chance to consider upgrades for added comfort, convenience and potential increased resale value. Of course, there are literally thousands of options today when it comes to bells and whistles. Take your time and be selective in order to create the perfect balance between what you need, what you want, and what will increase the marketability of your home in the future. Upgrades in kitchens and bathrooms traditionally pay off the most when it comes to resale value, and as a rule of thumb, features that offer functionality are more desirable than cosmetic choices.
When you look at your builder's upgrades, keep in mind that the price you are quoted goes far beyond the price of the materials themselves. The items have to be installed, and the builder covers structural defects protected by the Tarion New Home Warranty. There are administration costs as well. In fact, having these items installed by the builder as upgrades when you buy new, even if you can add the cost to your mortgage, may save you money in the long run.
When chosen wisely, upgrades can add enjoyment, comfort, ease of care and value to your fabulous new home.