Purchasing a new build show home presents a unique set of advantages and disadvantages compared to waiting for a later phase or a completed home. Here are some key considerations to help you make an informed decision:
Pros of Buying a New Build Show Home:
- Immediate Occupancy: Show homes are usually fully finished and furnished, allowing you to move in right away without any waiting period.
- High-Quality Finishes: Builders often use the best materials and design elements in show homes to showcase their craftsmanship, ensuring top-notch quality.
- No Surprises: You can see exactly what you’re getting before you buy, which reduces the risk of unexpected issues or discrepancies.
- Builder Incentives: To encourage quick sales, builders may offer special incentives or discounts on show homes, making them a more attractive option.
- Energy Efficiency: Modern new builds typically feature the latest energy-efficient technologies, which can save you money on utility bills.
- Enhanced Specifications: Show homes often include higher levels of specification, especially in landscaping and exterior features, providing added value.
- Potential for Additional Space: The sales office associated with the show home could be converted into a home office, gym, or additional living space.
Cons of Buying a New Build Show Home:
- Premium Price: Due to their upgraded features and furnishings, show homes can be more expensive than other new builds.
- Wear and Tear: Show homes may have some wear from being on display and visited by potential buyers, which might require additional maintenance or repairs.
- Limited Customisation: The design and finishes of a show home are pre-determined, offering fewer options for personalisation compared to buying off-plan.
- Potential Changes by Builders: There might be minor changes or alterations made to the home by the builder before finalising the sale.
- Location Concerns: Show homes are often situated at the front of the development, which can mean more construction noise and traffic during the completion of the site.
- Signs of Ageing: Being one of the first homes built, show homes might exhibit signs of ageing sooner than other homes in the development.
- Limited Warranty: Show homes may be sold ‘as seen’ with no or limited warranty coverage, necessitating thorough inspections before purchase.
- Missing Parts: Occasionally, parts or fittings might be missing from a show home, as they can be used as spare parts for other properties in the development.
The decision to buy a show home hinges on your personal priorities, budget, and timeline. If you desire a move-in-ready home with premium features and are comfortable with the associated cost, a show home can be an excellent choice. However, if you prefer to customise your home or are seeking a more cost-effective option, waiting for a later phase of the development might be more suitable. Consider all these factors carefully to make the best choice for your circumstances.
You can read more about show homes here…