Veridian vs. Used Home:Like a used car, an older home can sometimes seem like a "better deal." After all, most older homes are often described as "as good as new." However, they typically come with hidden costs and unforeseen problems, like roof leaks, cracks in the foundation, and appliances no longer under warranty. What's more, they usually demand an average of 2-3% of their purchase price for annual upkeep — and that list can be never-ending. When you add up the monthly maintenance, operating costs, and the remodeling costs, the real cost of an older home becomes apparent. Costs associated with the normal "wear and tear" of older homes are listed below.
Used Home Hidden Costs:
|Remodel bath, midrange*||$16,100|
|Minor Remodel kitchen, midrange*||$21,400|
|Replace siding (vinyl)*||$10,600|
|Window replacement (vinyl)*||$10,700|
|Remodel home office, midrange*||$28,400|
|Paint trim & wall surfaces**||$3,000|
As you can see, that's nearly $117,400 in hidden costs. So when you add your monthly maintenance and operating costs to your monthly mortgage payment (after taxes), you're often paying more to purchase a used home than a similarly sized Veridian home.
The Real Benefits of Buying a New Veridian Home:
Just For You. When you buy new, it’s a chance to live in a home that no one but you has lived in before. Say adios to big, brown water stains on the ceilings, and shag carpeting that smells like potpourri and boiled hotdogs. Your new high-performance Veridian home will be hand-crafted with latest processes and technological advances using quality materials and equipped with the newest features from brands you can trust – backed by our limited warranty. A home built for the way you live today, not one based on someone else’s lifestyle. Create a home just for you. A home that feels a little more like, well, home.
Modern Living. Open floor plans that contain the latest architectural benefits designed to make the most of space - increasing comfort, storage, and livability. Walk-in closets, linen closets, roomy pantries, and clever shelving systems will keep you organized. State-of-the-art kitchens, media centers, and bathroom retreats will provide ease and convenience. All complete with newest products and updated décor personalized by you from our on-site Design Studio.
Wired For Your Life. Valuable technology included in each new Veridian home. Hardwiring provides faster gaming, safer Internet and more flexibility for future equipment. Plus, routers and modems can be stored out of sight in the basement with the Structured Wiring Panel, but not out of mind. This Panel is prepared for the future expansion—and keeps your kitchen clutter-free. Just think of all the gaming hours you gain by not spending precious time learning to upgrade wiring in an older home on DIY shows. Click here to get geeked and learn more about our home networking package.
Energy Efficient. Each Veridian home is Wisconsin ENERGY STAR® and Green Built Home™ certified. So while you’re helping the environment, you’ll also be saving an average of $1,398 on your utility bills each year. In fact, 66% of all the ENERGY STAR® homes in Dane County are built by Veridian Homes. On the contrary, only 4% of the used homes sold today can claim the same. Modern heating and cooling systems are nearly twice as efficient as those made prior to 1980, keeping your home comfortable and draft-free. Not to mention improved technology, insulation techniques and tighter construction.
Low Maintenance. Innovative new exterior materials used in siding, windows and trim never require painting, and will stand up to Wisconsin weather with minimal upkeep. And improvements in interior materials provide higher quality at a lower cost than materials used just a decade ago. Plus, drier basements can be used effectively as living or storage space, thanks to new waterproofing technologies and better drainage systems.
Safer. Recent advances in stronger construction, such as extra bracing and framing, provide new homes with increased protection against severe weather and better indoor air quality. In addition, safety improvements like carbon monoxide and smoke detection systems, circuit breakers and ground fault interrupters make occupants of new homes far safer than occupants of older homes.
Good Investment. Your new home offers greater appreciation in your investment than you’d see with an older home.
Click on the article link to read “9 reasons to choose a new home over a resale”, a piece recently published online by MSN Real Estate.