News & Updates
Resale Homes Cost More Than You Think
January 23, 2014
Did you know that a 10 year old home could cost you almost 600% more in yearly maintenance than a new home? If you are looking to purchase a home you should consider new homes in Richmond, VA. Here are a few reasons why you should consider a new home.
New homes are mandated to have higher-energy efficiency standards, which results in energy savings for you. Most new homes are equipped with green appliances to reduce utility bills. These appliances include high efficiency stoves, refrigerators, washing machines, water heaters, and air conditioning units.
If new appliances and products need to be replaced inside your new home they are more than likely covered by a warranty unlike resale homes. According to Start Fresh New Home Source, if you had to replace the following in a resale home, your out of pocket costs would be:
- HVAC System $5,000
- Water Heater $2,000
- Kitchen Appliances $2,500