New Construction in Cincinnati: New vs. Resale
The Cincinnati area is the perfect place to live. From a relatively low cost of living to a thriving arts and culture scene, the Queen City has more benefits than we can count. For prospective homeowners, the choice between building new homes and buying resale homes can be pivotal. If you’re thinking about new construction in Cincinnati, read on.
The historical appeal of resale homes offers a unique experience while building a new home allows you to get exactly what you want without the need for renovations; plus, smart home technology is often included. Factors such as family growth, cost, location and countless others can determine which path to take.
At Cristo Homes, we can offer our years of experience to help you choose the right path to embark on your homeowning journey. Since 1963, we’ve worked with families seeking new beginnings and helped many first-time homeowners navigate the building and buying processes.
The Advantages of New Construction in Cincinnati vs. Resale
Established neighborhoods: One benefit buyers find with resale homes is that they often are found in established neighborhoods with thriving communities. Fortunately, the same is true for many newly built homes. Cristo Homes frequently offer close proximity to appealing amenities like schools, parks and shopping centers, making them ideal for growing families.
Move-in ready: While resale homes are often immediately available to move in, they can require the homeowner to spend time and money on repairs and renovations. New construction homes take time to build, but once complete, they are move-in ready with exactly what you want. With Cristo Homes, the new build process is quick and easy. After meeting with a sales representative, homebuyers can walk out with their home selections made on the same day. Cristo Homes also offers a variety of quick move-in homes if you are looking for a home that is immediately available.
Cost considerations: Many homebuyers consider resale homes because of their price range. Unfortunately, in today’s market, bidding wars can take resale houses far above their asking price. With prices starting in the $200,000s, Cristo Homes’ new pricing often compares favorably with many existing resale homes in the Cincinnati area.
Home design: Both new construction in Cincinnati and resale homes can offer a variety of architectural styles and aesthetics, but building a home provides the opportunity to personalize a living space. Cristo Homes offers various plans and a variety of upgrades, so you can choose based on your unique preference.
Warranty and low maintenance: Unlike resale homes, new homes typically come with builder and manufacturer warranties, covering everything from the structure to appliances. This significantly eliminates stress, as you won’t face unexpected repair costs for several years, and less immediate maintenance is required compared to older properties.
Energy efficiency: Today’s new homes are built with the latest in energy-efficient technology. Advanced heating, cooling and insulation systems reduce environmental impact and utility bills month after month. At Cristo Homes, we apply these features to our new builds, ensuring both comfort and sustainability.
Latest building codes and standards: New homes adhere to the latest building codes, safety regulations and environmental standards, which can heighten safety and lower insurance premiums.
Smart home features: Our homes feature innovative amenities such as a video view doorbell, which allows homeowners to monitor their front doors in real time, and the ability to arm or disarm your house with alarms.
The Cincinnati Market: New vs. Resale
Inventory and availability: Cincinnati’s real estate market is dynamic, with varying levels of inventory for all homes. While resale homes are prevalent in historic and established neighborhoods, new construction is expanding in suburbs and emerging areas. Luckily, our new builds, some of which are available as immediate move-in homes, appear in a variety of desirable communities in the Dayton-Cincinnati area.
Appreciation and investment: Historically, resale homes in desirable neighborhoods have shown strong appreciation, particularly those with architectural significance or proximity to amenities. However, new construction homes also hold substantial investment potential, with appealing features such as modern designs and technology. Owners of newly built homes also enjoy lower utility bills thanks to new homes being built to updated energy codes and standards.
Factors to Consider
Budget and financing: Budget plays a crucial role in all new homeowners’ decisions, especially in the initial buying process. New construction may involve a higher upfront cost but can offer savings through energy efficiency and lower maintenance. Resale homes might be more affordable initially, but potential renovation and repair costs should be factored in.
Lifestyle needs: Your lifestyle and family needs are paramount. New construction homes, with their modern amenities and available upgrades, might better suit growing families or those seeking a contemporary lifestyle.
Market trends: Stay informed about market trends in Cincinnati to determine the best time to buy or build. Cristo Homes provides resources and expertise to help you understand these trends and make informed choices.
Making the Decision
Thorough research and careful planning are essential to any homebuying process.
Consult professionals: Engage with real estate professionals, including agents, builders and financial advisors. They can provide insights into market conditions, financing options, and the pros and cons of each choice. Our experienced team at Cristo Homes is available to guide you through a simplified process of purchasing a new construction home. (Contact us to schedule a friendly consultation with our sales team anytime.)
Evaluate priorities: List your priorities, whether it’s modern amenities, location or budget. Comparing how each option meets these priorities can clarify your decision.
Visit Cristo Homes: To fully appreciate the benefits of new construction, visit our new home communities and experience firsthand our commitment to quality, innovation and customer satisfaction.
About Cristo Homes
Since 1963, Cristo Homes has been Cincinnati’s leading new home builder, building affordable and innovative new homes for families in the Butler and Warren County areas. We share a commitment to customer satisfaction and community development, and offer a range of new construction options tailored to diverse lifestyles and preferences.
Contact us today to discover the future of homebuilding in Cincinnati and talk about finding the perfect place for you and your family.