If you’re looking to buy a house, you may find today’s limited supply of homes available for sale challenging. When inventory is low, it can feel like an uphill battle to find the perfect home. If that’s the case, it may be time to consider a newly built home.

According to the latest data from the U.S. Census, there’s good news for new home construction. In the first three months of this year:

• More new homes were completed and are ready to sell – giving you more move-in-ready options.
• Builders broke ground on more single-family homes – meaning more customizable homes are in the early stages.
• More building permits were issued – signaling even more home construction on the horizon.

While this broadens your housing options, newly built homes also come with unique benefits worth considering.

Customization

When you buy a new home under construction, you can often tailor it to your personal needs and preferences. Bankrate notes:

“Building means customizing… instead of wishing your home had a certain kind of flooring, a sunroom or some other special amenity, you’ll be able to tailor the property to your exact needs.”

Brand New Everything

Another big perk? Everything in the home is brand new—and uniquely yours from day one.

Minimal Repairs

With new construction, you’re less likely to face immediate repair or maintenance issues. As Realtor.com explains:

“. . . if something does go wrong with your new home, not only are there likely some manufacturer warranties in place, but many builders also include additional home warranties . . .”

Energy Efficiency

New homes are often built with modern energy-saving features. These can help lower your utility costs—especially helpful during times of inflation. Learn more about energy efficiency here.

Bottom Line

If you’re having trouble finding your dream home in today’s market, a newly built home might be the right fit. Talk with a local real estate professional to explore what’s available in your area.