For many New York homeowners and homeowners-to-be, there is a sense of peace of mind that comes with owning a brand-new home. They are the first to personalize the space and may even have a say in some of the final touches if the contractor is flexible about this.
Yet, many realtors have been warning clients that homes built in the past few decades are not always up to par with older options. Tract homes are essentially mass-produced homes built by companies trying to turn a profit. This can cause many of them to cut corners.
Most times, this leads to livable homes that may just need repairs and upgrades soon, but other times, homeowners get stuck with serious defects. This is not to say that houses of all ages do not face problems of one sort or another. One HGTV article identifies these as the top problems found in home inspections overall:
- Improper grading that could cause dampness in basements and crawl spaces
- Faulty electrical wiring that may cause fire hazards
- Improper installation of stucco, particularly at the base
- Inconsistency in building materials versus the style of the home
- Carbon monoxide risk in homes built 1990 to 2000s
- Roofing problems
Forbes adds a few items to the list that are often found in new construction homes:
- Creaking floors due to structural problems
- Problems with the septic components
- Defective materials used in the home
- Cracks in the fixtures
It is important to understand that some problems are not visible when first moving in, even with a thorough inspection. Problems may not only take time to surface but also a bit more time to become downright unbearable to live with. Forbes also acknowledges that builders often rush new construction homes, take several shortcuts because of this and may miss things even when they do not intentionally cut corners.
The good news is that warranties help homeowners to iron out these issues — when builders offer one. Be sure to double-check the paperwork regarding warranties on new homes. It would also be wise to have a professional review the documents, especially the fine print.