New Construction Home Upgrades That Will Save You Money in the Long Run

If you're considering buying a new construction home, you're probably excited about customizing your dream home. However, navigating the design studio visit and choosing the right upgrades can be overwhelming. Knowing which options add value and which ones to avoid is crucial. In this blog, we'll cover essential new construction home tips to help you make informed decisions and maximize your investment.

Preparing for Your Design Studio Visit

Your design studio visit is a critical step in the new construction process. It's where you'll select finishes and upgrades that reflect your style and meet your needs. Before you go, setting a budget and prioritizing the most impactful upgrades is important.

Setting a Budget

When setting a budget for your new construction home, remember that many people spend between 7% to 15% of the base price on upgrades. For a $500,000 home, this means spending between $35,000 and $75,000 on options. Preparing for this reality will help you make better decisions during your design studio visit.

Kitchen Upgrades for Resale

The kitchen is the heart of the home and a major selling point for future buyers. Investing in kitchen upgrades for resale value and enjoyability can significantly boost your home's value. Here are a few upgrades to consider:

  1. Upgraded Cabinetry: For a finished look, consider 42-inch cabinets or taller ones that reach the ceiling. High-quality cabinetry is difficult and expensive to replace later, making it a wise investment during the construction phase.
  2. Gourmet Kitchen Features: A gourmet kitchen with additional counter space, two ovens, and a built-in microwave is highly desirable. This upgrade appeals to buyers who love to cook and adds substantial value to your home.
  3. Kitchen Island: If your kitchen design doesn't include an island, add one. An island provides additional workspace and storage, enhancing both functionality and appeal.
Basement Finishing: Worth the Investment

If your new home comes with a basement, finishing it can add valuable living space. Basement finishing is best done during the construction phase to avoid higher costs and disruptions later. Consider the following:

  1. Higher Ceilings: Opt for a deeper basement with higher ceilings. This upgrade may cost a few thousand dollars, but it will make the space feel more open and usable.
  2. Finished Space: Completing the basement during construction provides additional living areas for entertainment, a home office, or guest quarters.
Rough-In Plumbing: Plan for the Future

Adding rough-in plumbing during the construction phase is a smart move. It's much easier and cheaper to install plumbing for future bathrooms or sinks while your home is being built. This foresight can save you significant money and hassle if you decide to expand or renovate later.

Lighting Upgrades: Brighten Your Space

Proper lighting is essential for creating a welcoming and functional home. Lighting upgrades are more cost-effective during the construction phase. Here are some tips:

  1. Recessed Lighting: Adding recessed lighting, also known as can lights, enhances the overall ambiance and makes rooms appear larger and brighter.
  2. Extra Outlets: Additional electrical outlets are easier and cheaper to install during construction. Plan for outlets in convenient locations to accommodate your lifestyle.
Energy-Saving Home Features: Go Green

Investing in energy-saving home features benefits the environment and your wallet. Consider these options:

  1. Enhanced Insulation: Additional insulation helps maintain your home's temperature, reducing heating and cooling costs.
  2. Energy-Efficient Windows: High-quality windows can significantly improve your home's energy efficiency.
  3. Solar Panels: If available, solar panels are a great way to reduce your energy bills and your carbon footprint.

For more information on energy-saving options, visit Energy Star.

Larger Garage Benefits

A larger garage is a desirable feature for many homeowners. Larger garage benefits include more storage space, room for additional vehicles, and potential workspace. If your builder offers the option to expand your garage, it's worth considering.

Home Storage Solutions

As you plan your new home, think about home storage solutions. Additional storage options can make your home more functional and appealing. Here are some ideas:

  1. Built-In Shelves: Custom built-in shelves provide efficient storage and add a touch of elegance to your home.
  2. Extra Closets: More closet space is always a plus. Consider adding walk-in closets or additional storage areas.
Best Flooring Options

Choosing the best flooring options is essential for both aesthetics and functionality. While upgrading all flooring types during construction is tempting, it might be more cost-effective to do it later. Here are some considerations:

  1. Carpet and Pad: Invest more in the carpet pad than the carpet itself. A high-quality pad provides better comfort and longevity.
  2. Wood Alternatives: Instead of real wood floors, which can be impractical for homes with pets, consider options like wood grain ceramic tile or high-quality laminate.

For a wide selection of flooring options, check out Floor & Decor.

Affordable Home Fixtures

When it comes to fixtures, it's often best to stick with the basics during construction and upgrade later. Affordable home fixtures can be found at retailers like Home Depot or Lowe's. Upgrading fixtures yourself or hiring a handyman can save you money and allow you to choose exactly what you want.

Primary Bedroom Expansion: Worth It?

A primary bedroom expansion can be costly and have a low return on investment. While a larger master bedroom might seem appealing, consider whether the extra space is truly necessary. If you need more space, weigh the costs and benefits carefully.

Countertop Materials Comparison

Choosing the right countertops is crucial for both durability and aesthetic appeal. Instead of expensive marble, consider a countertop materials comparison:

  1. Granite: Durable and less porous than marble, granite is a popular choice for many homeowners.
  2. Quartz: Even stronger than granite, quartz countertops offer a sleek, modern look and excellent durability.

For more information on countertop materials, visit HGTV's Guide to Countertops.

Skip Crown Molding for Now

While crown molding adds a touch of elegance, it's not a feature that significantly boosts your home's value. Consider skipping this upgrade during construction and adding it later if desired.

Practical Flooring Upgrades

Instead of upgrading all your flooring during construction, consider practical and cost-effective options:

  1. Luxury Vinyl Plank (LVP): LVP offers the look of wood with added durability and is more budget-friendly.
  2. Ceramic Tile: Ceramic tile is a great choice for areas prone to moisture, such as kitchens and bathrooms.

By following these new construction home tips, you can make smarter choices during your design studio visit and maximize the value of your new home. Remember to balance your current needs with future resale value to ensure your investment pays off. Consider consulting with a trusted real estate advisor experienced with new home construction for more detailed advice.

If you plan to buy or sell a home in the Las Vegas, NV area, please get in touch with me

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