Build your dream home and feel confident knowing it’s a smart financial move. Buying into the future of real estate and investing in new home construction comes with a variety of positive returns and distinct benefits for investors and homebuyers in today’s market. Outlined below, learn more about what makes new home construction a smart and viable option for you and your family.
The benefits of buying new construction:
Built to Last
Building standards have come a long way, and the construction industry is constantly evolving with new innovations in building materials and methods. As building codes update to keep homeowners safe, so do the techniques used in new home construction. From concrete foundations, to modern insulation, to brand new appliances, new homes are built to last.
Innovative Designs & Modern Amenities
When it comes to look and function, new homes are reflective of the latest trends and often take into account the wants and needs of current buyers. From roughed-in basements for future investment opportunities, to layouts that include home office spaces, smart home technology and energy efficient features, these homes are crafted to meet the demands of the 21st century lifestyle. New construction homes are also often located in new communities with amenities and features that may not be found in older neighbourhoods.
Customization
One of the most valuable features about a new construction home is that it offers the opportunity to make design decisions that suit the personal desires of you and your family. Depending on how early you enter into the new home construction purchase process, you may be able to personalize some of the features and finishes in your home so it is uniquely yours.
Built for the Future
The majority of new construction homes and communities are designed with sustainability in mind. Oftentimes, these homes are built and tested to specific energy efficient standards, such as ENERGY STAR or Net Zero/Ready. These homes take the comfort and health of your home to the next level, while also giving you more control over your energy consumption and associated costs. A responsible choice for your family and the environment, these homes have great resale value and are built with future generations in mind.
Smart Home Technology
More often than not, new homes will come equipped with the latest technology to optimize living spaces. Smart home technologies can be applied to TVs, lighting systems, thermostats, door locks and garage door openers, security cameras and systems, pet and lawn care, kitchen appliances, household monitors and more. Not only will investing in a home with new technology enhance your daily lifestyle, but it will also appeal to future buyers.
Maintenance and Warranty Coverage
With new and modern plumbing, appliances, electrical and mechanical systems, new construction homes provide the potential for significant financial benefits in the form of low maintenance costs. Understanding that even when things are new, they may still break down. A new benefit of new construction homes in Ontario is that they are covered by Ontario New Home Warranties Plan Act and enforced through Tarion warranty program coverage.
Increased Property Value
The chances are likely that the value of your new home will appreciate as the community grows. These homes tend to hold their value or increase once the development is complete. There are many social and financial advantages to moving into a growing community. There will often be new infrastructure, schools and amenities added to the area that will contribute to the overall appeal of your home over time.
Financial Incentives
Financial institutions and various levels of government will often offer financial incentives to encourage investment in new housing construction. These can include rebates, tax breaks, reduced interest rates or down payment assistance. If taken advantage of, there can be several opportunities for investors or homebuyers to lighten their financial load.
Interested in investing in new home construction in Guelph? Terra View Homes is now selling Phase 2 at NiMa Trails in North Guelph, featuring Net Zero Ready single detached family homes.
Designer homes for every need
Built to a Net Zero Ready standard, the homes of NiMa Trails offer modern and functional designs, all while preserving the beauty of the community’s natural surroundings. Offered in a variety of layouts ranging from 1,700 to 3,600 square feet, Terra View has a mix of both pre-construction lots and quick closing, move-in ready Designer Series Homes available now for purchase in this community.
Endless opportunities to enhance your lifestyle
Once complete, the new community will feature a community trail network, three wetland areas, a large park overlooking the conservation lands and outdoor amphitheater space for residents to enjoy. Close to Guelph Lake and with quick access to historic Downtown Guelph, the best of the city’s amenities surround the NiMa Trails community.
With nature at your fingertips, NiMa Trails offers endless outdoor adventures for every present or future outdoor enthusiast.
Set to be Guelph’s most energy efficient community, residents of NiMa Trails will help to further enhance Guelph’s growing reputation as an environmentally friendly city.
Limited time promotion
For a limited time, Terra View Homes is offering an exclusive promotion for purchasers at NiMa Trails. Details about this exciting promotion can be found by visiting the model home or contacting Terra View’s Sales Professional, Shelley Barclay, at 249-9356 or [email protected].
The model home at NiMa Trails is located at 2 Nicholas Way (N1E 0T1) and is open to the public Monday through Wednesday from 4pm-7pm and Saturdays and Sundays from 1pm-5pm.
For more information, visit www.terra-view.com.
This article was sponsored by Terra View Custom Homes, a 2023 GuelphToday Reader Favourite.