In With the New: Data Shows New Construction is Far Less Expensive to Maintain

Invariably newer items function better and more efficiently than older ones. But did you know this goes for houses too? And you might be surprised at just how much better and more efficient they actually are.

In a time of constantly increasing utility and home maintenance bills, homeowners in new construction enjoy a considerable reprieve. The National Association for Home Builders (NAHB) shows us just how much with a few stats:

  • ROUTINE MAINTENANCE | 26% of resale homeowners spent $100 or more a month while only 11% of new construction homeowners spent the same. In fact, 73% of them spent $25 or less.
  • ENERGY COSTS PER SQUARE FOOT | 81 cents vs. 68 cents.
  • WATER COSTS PER SQUARE FOOT | 28 cents vs. 22 cents.
  • TRASH COSTS PER SQUARE FOOT | 15 cents vs. 13 cents.

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To see the full results visit here.

If these differences look minimal expressed in cents, think about the savings over the life of your home. And not only are your utility and maintenance bills lower, but insurance on new construction homes is also significantly less. Why? Because they require far less repairs and are less prone to damages and maintenance issues. When you think about it, not only is this saving you money but the time, frustration and effort of the kind of upkeep that older homes may require.

So while we all know that newer is generally better, we wanted to point out that these differences are just nominal or short-term. A new construction home is not only custom built for you aesthetically, it’s not only tailor-made just for you and your family, but it’s a sound long-term investment.

 

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