The story is always the same, buying a home is always a good investment. It doesn’t matter the study, the year, the market, the results are always the same. Owning a home is a good investment. Homeownership provides both economic and psychological benefits.

A survey released earlier this year by the magazine Better Homes and Gardens found that eight in 10 respondents said homeownership is still a good investment and believe owning a home is a smart financial move and a source of pride.

Here are some results of the 2,500 people surveyed online:

  • 86% of home owners still feel owning a home is a good investment.
  • 85% feel “owning a home is one of their proudest accomplishments.”
  • 69% of Americans who don’t currently own a home agree with the statement, “No matter what happens in the U.S. housing market, owning a home is still an important goal in my life.”
  • 68% of Americans plan to spend money on their homes in the next six months, with roughly half (49%) expecting to pay up to $1,000.

 

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Manchester, NH:

This Single-Family in Manchester, NH recently sold for $169,900.

This property features 1 full bath, 2 bedrooms, and was sold by
Peter Beauchemin – RE/MAX Synergy – Bedford

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Hooksett, NH:

This Condo in Hooksett, NH recently sold for $160,000.

This property features 2 full baths, 2 bedrooms, and was sold by
Peter Beauchemin – RE/MAX Synergy – Bedford

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When searching for a home you may want to first consider if you are looking to purchase a new or an existing home. This is a common questions that many home buyers  consider during the early stages of their home search.

Some of the advantages home buyers cite as reasons to buy a brand-new house or condominium are: energy-efficiency, open layout, a warranty, the selection of appliances, flooring, paint colors and other design elements.

There are advantages to purchasing both new and existing homes. The National Association of Home Builders(NAHB) has created a list of the advantages of buying a newly built home.

New homes are often built in communities of new homes. When this happens all the neighbors are new to the neighborhood. This can help families form bonds of friendship that can last a lifetime.

Newer homes offer more open floor plans making entertaining easier. New-home layouts often feature great rooms, higher ceilings and additional windows that bringing in more light than you would find in an older home.

The appeal of owning something new can be a strong draw. Some buyers like the thought of being the first to cook a dinner in a brand-new kitchen. While others don’t like the idea of having to repaint or update an older home. A new home allows a buyer to create their own home décor from the beginning.

Newer homes are built for today’s high-definition televisions, DVRs, computers and other electronic needs. New homes can be tailored to meet an individual home owner’s needs.

There is little to no cost associated with home repair on a new home. Buyers pick the features, appliances and modern features to suit your needs.  When purchasing a new home it is truly built to the buyer’s liking.

Newly constructed homes are more energy efficient. They often include energy saving features such as double-pane windows, insulation and appliances which can reduce energy costs.

Have you ever considered buying a newly constructed home, if so, why?

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