New construction in Irvine, CA, is very appealing to buyers. In fact, it is reported to draw twice as much interest as previously owned homes. It is important to note, however, that purchasing a property in a new building or development has both benefits and drawbacks. While you’ll have the advantage of amenities and features that have never been used, you’ll also have to pay a lot more to get it.
The Benefits of New Construction
The ability to move into a pristine, brand new Irvine home for sale that has never suffered any wear and tear is only the tip of the proverbial iceberg. Owning a new home means that you’ll have far fewer maintenance costs to contend with than if investing in an existing property. With new home appliances, a brand new plumbing system, new flooring and fresh paint, fewer issues are likely to rear their heads. Best of all, the latest residential projects come with a number of high-end technical features built right into them including Internet wiring, speakers, alarms and other security features, and even cable. Moreover, recent construction capitalizes on all of the latest innovations in energy-efficient building materials.
The Drawbacks of New Construction
Although plenty of real estate for sale in Irvine is centrally located, some of the most affordable options in new residential developments are located quite a ways away from essential destinations such as major shopping markets and schools. The excitement of custom-designing a new home can also begin to ebb once the full costs of these productions gradually settle in. A new home can cost as much as 20 percent more than a comparable existing property, and you’ll also have to account for the energy costs of supporting all of the high-end, built-in amenities that this construction includes. More importantly, few new houses will give you the same quaint, comfortable feel of a tightly knit and well-established community. They’ll also lack the charming details that are commonly found among more dated forms of architecture.
Looking for your dream home? Whether you want a new build or something with a lived-in feel, there’s a house for sale in Irvine right for you and your family. When you’re ready to make the leap, work with an experienced Irvine real estate agent who knows the area inside and out and can help you find just what you’re looking for!