5. Less maintenance: At the same time, today’s new homes are engineered specifically to minimize maintenance requirements. For example, Costello says his company uses composite products for a home’s exterior trim instead of wood, which could rot or need repainting.

“You buy a used house, you don’t know what you are getting; you might have to do a lot of maintenance,” Costello says. “We are trying to look down the road and make things as easy as possible for [homeowners] so they can enjoy living there and not have to be saddled with maintenance.”

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6. Warranty: In addition, builders often agree to take care of the necessary repair work in a new home for at least the first year.

“A new home is generally fully warrantied by the builder for a minimum of a year, and most of all the other components are warrantied for extended periods,” McCabe says.

So if your roof starts leaking or the heater breaks during the warranty period, your builder will pick up the tab for the repairs.

“When you buy a resale home, even if you have a home inspection done, it still does not turn up hidden defects that you don’t find out about a lot of times for two years,” McCabe says.

7. Fire safety: New homes often include fire-safety features that may not be in properties built years ago, Gilligan says.

“We use fire retardant in our carpeting and in our insulation,” he says.

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In addition, all new homes are required to include hard-wired smoke detectors. These devices can provide better protection than battery-operated smoke detectors, which can fail if their battery runs out, Morrow says.

“Hard-wired [smoke detectors] run on the electricity of the house and then have a battery backup for if the house power goes out,” he says.

8. Concessions: Especially in today’s sluggish housing market, buyers could squeeze more concessions out of a homebuilding company than an individual seller. That’s because individual sellers often have an emotional attachment to their property that can blind them to its true value.

“People usually think that their home is worth more money than it is,” McCabe says.

At the same time, builders often have greater financial wherewithal to absorb a loss on a sale than individuals.

“I’ll put it to you this way: A $30,000 hit [spread] over 30 lots hurts a lot less than a $30,000 hit on one existing house,” says Christopher Rachuba of Rachuba Home Builders, based in Eldersburg, Md. “So I think [buyers] may get more bargaining [power] that way.”

9. Financing: New-home buyers can take advantage of mortgage-financing perks available through their builder.

“New-home builders — in many cases, the larger ones — have their own mortgage companies, or they will offer paying points or closing costs and buy down certain rates for you,” McCabe says. “The seller of a resale home is generally not going to do that for the buyer.”

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