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Self-Help Builder News October 2012 Volume 5, Issue #3 >
Modern features, community support among new home benefits
Reprinted with permission Olympia Master Builders Highlight New Home Advantages
The home building industry is celebrating New Homes Month, just as many families begin to think about buying a home that better suits their needs during the home-buying season. The advantages of newly-constructed homes and condominiums extend beyond the features enjoyed by the home buyer to also support the community itself.
“Not only do new homes feature modern floor plans and superior energy efficiency for the family to enjoy, but they also increase the property tax base,” commented James Peterson of Lanza Construction, and 2012 Olympia Master Builders President.
The National Association of Home Builders estimates that three jobs are created for each new single-family home that is built, with about half being in the construction industry and the rest in other industries that are needed to outfit and sell a home such as furniture, appliances, textiles, loan officers and lawyers. A total of $90,000 in government revenue is generated — $67,000 in federal taxes and $23,000 in state and local taxes.
A newly-constructed home or condominium offers outstanding benefits to the home owner as well as to the community. The energy-efficient features that are often included in new homes such as tankless water heaters, ENERGY STAR appliances and HVAC systems make the home more comfortable and can save the home owners significant money over the long term.
New home floor plans are designed with modern lifestyles in mind, and include open layouts, high ceilings, walk-in closets and conveniently-located laundry and home office accommodations. New homes are also wired to safely accommodate the usage of modern appliances and components technology home components such as high-definition televisions, and sophisticated lighting, audio and security systems.