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All American Title Company

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New Construction Myths

With the annual fall Parade of Homes coming to an end, many Minnesotans are dreaming of the endless possibilities of building a new home. You may have heard a few myths about buying new construction, but don’t let those scare you away. Building a new home is one of the most exciting and rewarding things you can do. Here are four of the most common misconceptions of building new construction. 

MYTH 1: WE’LL BE TOO FAR AWAY

A lot of builders are developing communities just outside of the Twin Cities. This can be great if you’re looking for more square footage and a larger yard. But some home buyers love the feeling of a well-established, mature neighborhood. So if you’re looking to stay closer to the cities, you can find many builders who develop lots inside the initial ring of suburbs. 

MYTH 2: IT’S TOO EXPENSIVE

Depending on the market, a new construction home can run higher than the price of an older home. However, you’re getting a lot more bang for your buck and will feel the savings every month you live there. Your energy, water, and insurance bills will all be lower. Plus, many of the new materials it’s built from are warranted, so what you save on maintenance will pay back in no time.

MYTH 3: THERE ARE TOO MANY DECISIONS TO MAKE

Many people enjoy the customizability that comes with building new. For some, choosing all the colors, materials, and finishes can feel overwhelming. Luckily there’s options for everyone! Just choose a builder that limits your selections to a handful of choices—you’ll still get a great home that has been professionally designed.

MYTH 4: THE PROCESS IS STRESSFUL

Many families love the anticipation as they watch their dream home take shape. But if you are easily stressed out, no worries, your builder will keep you comfortably updated even if you don’t want to be there every step of the way.