What’s Motivating More Buyers To Choose a Newly Built Home?

Planning to buy a home soon? Why not go for something brand-new? Data shows more buyers are finding new home construction appealing – and you might find it’s exactly what you want too.

According to the National Association of Realtors (NAR), newly built homes accounted for 15% of all homes sold last year. That’s the highest percentage in 17 years. More people are opting for new builds, and the trend is climbing steadily.

Why Are Buyers Choosing New Builds?

To get a closer look at what’s driving this trend, NAR surveyed recent buyers. Here are the top reasons why new homes are gaining popularity:

1. Avoiding Renovations or Problems with Plumbing or Electricity (42%)
The biggest draw? Peace of mind. Buying a home today is expensive, and with inflation squeezing budgets, avoiding unexpected repair costs is crucial. A new home means less maintenance upfront and fewer surprises. Plus, many builders offer warranties that protect major systems, giving buyers even more confidence.

2. Ability To Choose and Customize Design Features (27%)
New builds often let buyers personalize the home to their taste. From choosing cabinet finishes to selecting floor plans, the customization options can make a house feel like a home from the start. If the market isn’t offering what you’re looking for, building might be the answer.

3. Amenities of New Home Construction Communities (25%)
Many new developments come with added perks like parks, pools, and community centers. These features enhance the lifestyle and foster a stronger sense of community – a valuable asset for families and individuals alike.

4. Lack of Inventory of Previously Owned Homes (15%)
Existing home inventory remains low, and this shortage is pushing buyers toward new builds. Builders are keeping up with demand, filling gaps where resale homes fall short. While there’s no overbuilding happening, there is a focused effort to meet current needs after years of underbuilding.

5. Energy Efficiency (14%)
New homes are often equipped with the latest energy-saving technologies and materials. This can significantly reduce utility bills and environmental impact. According to Kevin Morrow, Senior Program Manager at NAHB, "The more energy-efficient mechanics of the house also help reduce utility bills for new home buyers . . . Newly-constructed homes often include green systems and appliances that homes built years ago might not."

6. Smart Home Features (11%)
Tech-savvy buyers love smart home features, and new construction usually delivers. From automated lighting to advanced security systems, new builds come equipped with cutting-edge technology that’s ready to use.

The Importance of Having Your Own Agent

As appealing as new builds are, navigating builder contracts can be tricky. That’s why having your own real estate agent is essential. An agent will advocate for you, ensure you’re getting quality construction, and guide you through every step of the process. Builders typically have their own interests at heart, but your agent will prioritize yours.

Bottom Line

Imagine skipping renovations and customizing your home exactly how you like it. If that sounds exciting, let's connect. Having the right agent by your side can make buying a new home simple and stress-free.