​Buying a new home is a thrilling experience that is unique to just you! Being knowledgeable about each step of your home buying process and enjoying peace of mind will help you enjoy each step to the fullest.

​We’re here to show you the ropes and help you feel prepared as you start your search for the perfect new home for you!

​Here are the 6 things you should know about buying a new home:

  1. 13% of homebuyers in 2020 purchased a new home*
  2. It’s normal to have a lot of questions
  3. There are more tools now than ever before to help you find your dream home online
  4. Having a wants vs. needs list is vital
  5. You don’t have to build from the ground up to buy new
  6. You will save money with a new home vs. a resale home

1. 13% of Homebuyers in 2020 Purchased a New Home*

​According to The National Association of Realtors, 44% of these new homebuyers chose to buy a new home to avoid costly renovations and problems common for an aging resale home.* Knowing what is behind the walls and that a home is built to last was important to them!

2. It’s Normal to Have a Lot of Questions

M/I homeowners’ top piece of advice for others getting ready to buy a new home is repeatedly to ask all the questions they have! No question is a stupid question. And, chances are highly likely that other homeowners just like you have asked the same question, too!

3. There Are More Tools Now Than Ever Before to Help You Find Your Dream Home Online

​We all appreciate technology and tools that make our lives easier, right? Well, from model home virtual tours to interactive floorplans to homeowner testimonials and everything in between, it’s easier than ever before to find all the information you need to make that next step and contact a salesperson!

​Learn about how to take your very own model home tour from the comfort of your own couch!

4. Having a Wants Vs. Needs List Is Vital

​This might be the close 2nd in top recommendations from other new homebuyers. You see, throughout your new home floorplan selection and design process, you might dream up elements that would be nice in a home, but aren’t crucial to your family’s daily routine.

​Think about the morning to evening flow in your home now:

  • What spaces just aren’t big enough?
  • Which rooms are you constantly wishing had a different layout?
  • What headaches are you running into with storage? Lighting? Personal items?
  • Where do you wish you could have more room to entertain?
  • How would you organize better if you had the space?

​These are the kinds of considerations that should inform your needs. If it’s just something that you’d eventually like to add, or it isn’t a dealbreaker for your lifestyle, make sure your wants stay separate (and optional).

5. You Don’t Have to Build from the Ground Up to Buy New

​If you’re on a time crunch to get into your next home, there are many options available to purchase a Quick Move-In home, rather than build a home from the ground up.

​Quick Move-In homes are homes that a homebuilder has listed for sale and are either ready to move into right away or are having the final touches completed and will be ready to move into very soon.

​This makes it much easier to avoid a lengthy design process and get the keys in your hand faster, while still enjoying all the benefits of a never-before-lived-in home!

6. You Will Save Money on a New Home Vs. a Resale Home

​Although you may be initially attracted to a resale home because of a lower price tag, you’re most likely looking at costly repairs following you around in that home for years to come.

​New construction homes are built with brand new appliances, a solid foundation, new pipes and other building materials, and more. The indisputable bottom line is that a new-build home will save you money in the long run.

​Especially with industry leading promises like our Transferable Structural Warranty and Whole Home Building Standards, you can rest assured that your home is built with the quality you deserve and that we stand behind our new construction!

​So, if you’re in the market for a new home, you now have these 6 tips in your tool belt. If you’re ready to follow the advice of tip #2 and get started with your questions, you’ll find a friendly helper at the end of the other line when you reach out to one of our Internet Sales Managers.

​We can’t wait to help you find your dream new home!

*Original survey data from The National Association of Realtors and can be found here.



Author

Home
Bruce Borden

Author

Bruce has been with M/I Homes for over 20 years, has been the National Customer Experience Manager for over 10 years, and has been in the home building industry for over 30 years. Happily married and a proud father, Bruce enjoys outdoor activities and home improvement projects, and has never met someone he didn't like.