When deciding to buy a home, there are many things to consider like the size, location, and amenities that will complement your lifestyle.
Among these is the age of the home – an important factor to include in home search as this influences the cost, safety, and upkeep of your new home.
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Why Choose New Construction?
If you’re looking for a new place to live or an investment property, it’s worth considering new construction homes in Tracy, CA.
Tracy new construction homes offer plenty of features, including energy-efficiency, brand new appliances, the latest in modern designs, customizable fixtures, and quality guarantees. These are some of the benefits that you won’t find in an existing home.
But don’t just take our word for it. Here are five reasons why you should consider buying a new home in Tracy, CA:
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#1: Customization Options
New construction homes are easily customizable to suit your style preferences. Many developments in Tracy, CA, allow buyers to choose the finishes of the home while it’s still in the construction phase.
Buying a new construction home in Tracy, CA, allows you to plan your home around your lifestyle. You get to choose your own selections and make your new home truly feel like yours.
#2: Energy Efficiency and Sustainability
One of the advantages of new construction homes is they are far more energy-efficient and better sealed from the elements than older properties, which translates to savings and comfort.
New homes in Tracy, CA, are built using better building materials than homes of the past, with built-in eco-friendly features such as energy-efficient appliances and integrated geothermal heating.
While you can buy an older home and have it upgraded to become energy efficient, choosing a newer home saves you time and money because modern construction standards optimize energy efficiency by default.
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#3: Technology in New Homes
Another benefit of buying new construction homes in Tracy, CA, is the latest technologies that are often built into them.
Instead of incurring additional costs to upgrade an older home, you can build a brand-new smart home with state-of-the-art features like:
- Keyless entry
- Smart lighting
- Remote garage access
- Programmable thermostats
- Device-compatible voice assistance
- Advanced wiring for reliable connectivity
These features are essential for many homebuyers in the future, which increases your property’s resale value if you decide to sell it down the road.
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#4: Better Location
Location is an important factor to consider when it comes to choosing a home. Buying a home is not just about finding your dream house, it is also about finding a neighborhood that suits your lifestyle.
Nowadays, new construction developers are choosing better locations for building new communities, places that are in close proximity to schools, grocery stores, and public transit.
In addition to these, life-enriching features like parks, recreational facilities, playgrounds, and outdoor seating areas are common elements in new development planning.
#5: Investment Potential
Energy-efficiency, latest technologies, and better locations – all these make buying new construction homes advantageous for you, especially if you plan to sell your house in the future.
Homes with new appliances and modern features in up-and-coming neighborhoods like Tracy Hills are likely to appreciate in value over time. Although your home may not be brand-new by the time you decide to sell, it will still be in good condition, having only one previous owner.
New construction homes in Tracy, CA, also make great investment properties if you plan on using your new construction home as a rental property. Unlike an older home, this would not require as much maintenance, given the quality of materials used to build it.
A new construction home may come with a higher up-front price tag compared to a similarly sized older property, but the long-term return on investment may prove better in the long run.
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Guide to Tracy’s New Developments
The home selling prices for new construction homes in Tracy, CA, range between $311,000 and $1,275,000. The median listing home price of new construction homes is $750,000.
All these homes are built to the highest standards and come with warranties that cover defects in work, materials, and major structural items. This is another advantage for buyers of new construction homes, ensuring they have a positive home ownership experience.
Buying a New Construction Home
Most builders of new construction homes have a preferred lender they work with, but you can shop around with a few different lenders to find the best rates on your home loan. However, using the preferred lender of the builder can benefit you as you negotiate a good deal on the house.
The preferred lender of the builder typically offers homebuyers incentives to help sweeten the deal. Here are some of the incentives a lender may be able to offer:
- Covering your closing costs
- Lowering the interest rates on your loan
- Paying for home inspection fees
Most new construction homes in Tracy, CA, come with builder warranties. A standard warranty comes with one-year coverage on structural elements, such as siding, flooring, and drywall, and two-year coverage on heating and cooling systems, plumbing, and electrical elements.
Conclusion
When you’re buying a home in Tracy, CA, you can choose between buying a property that other owners have previously lived in, or one where you’re the first homeowner.
Our team can help you decide which one is best for you based on your preferences and budget. Give us a call today at 209-650-0525 or send us an email at office@just1realestate.com to schedule a consultation.
Frequently Asked Questions
How do I find new construction homes in Tracy?
You may give us a call at 209-650-0525 or send us an email at office@just1realestate.com for your inquiries.
What are the typical prices for new homes in Tracy?
The home selling prices for new construction homes in Tracy, CA, range between $311,000 and $1,275,000, with a median listing home price of $750,000.
What should I look for in a new construction home warranty?
At the most basic level, a new home warranty covers air conditioning, heating, electrical, and plumbing systems. It also covers appliances like the oven, dishwasher, garbage disposal, and built-in microwave.
It is best to understand what a new home warranty covers before deciding to buy a property. Some builders offer a one-year warranty, while others offer an extended 10-year warranty on various systems of a home.
Can I negotiate the price on a new construction home?
Negotiating for a new construction property differs from negotiating on a pre-existing property, but it certainly can be done. Hiring an experienced real estate agent can help you secure the best deal.