Newly-built homes have enormous appeal. Buyers are captivated by the enchanting thoughts of a home that's bright, fresh, clean, modern and, of course, new.
Buyers can customize it to taste - interior colours, decor and finishings.
Unlike resale homes, many brand new homes have a warranty covering defects in materials and workmanship, and leaky basements. And a new survey is almost always available. Buyers can get good value buying from a builder - by including extras, options and upgrades in the price plus, in some cases, special mortgage financing offers. Check with the local home builders association or provincial warranty program for information.