There are a host of benefits to building a brand new home, which is why many of our Westwood residents choose this path over buying an established home. From clear advantages like customisation to some less obvious benefits such as a healthier living environment, let’s run through how you benefit when you build a new home.
1. Personalisation
Building a new home allows you to choose a design that best suits your preferences and lifestyle. This could be finding the ideal layout and floorplan that works for your family, to being able to select fixtures and finishes that match your taste and budget. There’s no compromise when you build your own home.
2. Lower Maintenance
While an older house may soon, or even immediately, require updates or repairs, maintenance work on new homes is often minimal for the first few years. This will save you both time and money, along with any stress of organising maintenance. Most new homes also come with warranties on construction and appliances, providing additional peace of mind and cost savings.
3. Energy Efficiency
Newer homes are more likely to use energy-efficient materials and technology, such as efficient appliances and smart-home technology. This not only results in a lower environment impact, but also saves you money through lower utility bills.
4. Financial Benefits
If you are buying or building a new home valued up to $750,000 in Victoria, you may be eligible for a First Home Owner Grant (FHOG) of $10,000. To be eligible, the home must not have been previously sold or occupied. Building a new home can also be a long-term investment as the property may appreciate over time.
5. Healthier Environment
New homes are built with the latest codes and standards and include the most up-to-date appliances and technology, resulting in healthier indoor environments compared to older homes.
6. Location
It’s much easier to choose your preferred location when building your own home, as you’re not reliant on the right kind of home being available in your preferred area. You can also decide where you prefer to be located within an estate; maybe you prefer to be close to greenery, or to conveniences like shops or schools.
