Why More Buyers in Central Arkansas Are Choosing Newly Built Homes
Planning to buy a home in Central Arkansas? Why not consider something brand-new? Many homebuyers in the region are discovering the unique advantages of newly built homes, and it might just be the perfect fit for you too.
Recent data from the National Association of Realtors (NAR) reveals that newly built homes made up 15% of all home sales last year. That’s the highest percentage in 17 years, and there are several compelling reasons why new builds are gaining popularity.
Why Central Arkansas Buyers Are Opting for New Homes
Avoiding Renovations and Repairs (42%)
The top reason buyers choose new homes is the peace of mind that comes with everything being brand-new. Buying a home is already a significant financial commitment, and with rising costs due to inflation, no one wants unexpected repairs to add to the expense.
New homes are less likely to have maintenance issues, which means fewer upfront costs. Plus, many builders in Central Arkansas offer warranties, providing additional financial protection on major systems.
Customization Options (27%)
Building a home means you can personalize it to your style and needs. From selecting cabinet knobs to designing an open-concept floor plan, you have the opportunity to create a space that truly feels like home. If you’re struggling to find a previously owned home that fits your vision, building might be the ideal solution.
Community Amenities (25%)
New construction developments in Central Arkansas often come with fantastic amenities like parks, pools, walking trails, and community centers. These features enhance your lifestyle and help foster a sense of community with your neighbors.
Limited Inventory of Existing Homes (15%)
The inventory of previously owned homes in Central Arkansas is still tight, which is why many buyers are turning to new builds. Builders in the area are stepping up to meet demand, offering a wider selection of move-in-ready homes and customizable floor plans. And while builders are working to catch up from years of underbuilding, there’s no risk of overbuilding in the region.
Energy Efficiency (14%)
Newly built homes often include the latest energy-efficient materials and technologies, from better insulation to high-efficiency appliances. Not only can this lower your utility bills, but it’s also a more environmentally friendly choice. In fact, many new homes in Central Arkansas feature energy-saving systems like smart thermostats, LED lighting, and energy-efficient HVAC systems.
Smart Home Features (11%)
Smart home technologies are becoming standard in many new builds. Features like smart locks, video doorbells, and programmable lighting are appealing to tech-savvy buyers and can add both convenience and value to your home.
The Role of Your Own Real Estate Agent
If you’re considering a newly built home, it’s important to have your own real estate agent. Builders typically use their own contracts, which can include complex terms. An experienced agent will advocate for you, ensure quality construction, and guide you through every step of the process.
Bottom Line
Imagine skipping the stress of renovations and having the freedom to design a home that’s uniquely yours. If that sounds appealing, let’s connect to make sure you’re represented by a knowledgeable agent. Together, we can navigate the process and help you confidently find your dream home in Central Arkansas.
