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Pros And Cons Of Investing In A Model Home

The pros and cons of buying a model home

The sole purpose of a model home is to impress. It is usually the first home built in a development and it’s the one used to entice people into buying into the project. The builders usually take special care with this home, loading it with every amenity imaginable and decorating it to the hilt. The model home is last in the development to be sold. Many prospective buyers wait for the model home to go up for sale and then jump at the opportunity to buy this fully-stocked home. Is this a good idea? Let’s find out by taking a look at some of the pros and cons of owning a model home.

David Asselin

Phone: 778-683-7147

Happy to help with any of your Real Estate needs!

Pros Of Owning A Model Home

Model homes are packed with features and amenities. No expense is too great for a model home. These houses are packed with the latest and greatest features and amenities including appliances, furniture and more. Model homes are pre-furnished. If you don’t want to bother with moving your old furnishings to a new residence, a model home is a great option. These homes come pre-furnished with high-end, beautiful furnishings that complement the home’s overall décor. Model homes require very few settling repairs. Odds are that the model home you’re looking to buy has been there longer than the other properties in the development and has already done its fair share of settling. Any settling that occurred was probably already repaired by the builders, so they could continue using the home as a showpiece.

Cons Of Owning A Model Home

Model homes are built for show. Model homes are often built quickly so they can be used as a showpiece for selling the rest of the plots in the development. While visually appealing in every way and built to code for sure, there could be some underlying issues you won’t find until repairs are needed. Model homes are inconveniently located. Model homes are built at the front of a development to attract passersby. This means that when you own one, everyone who drives into the development has to drive right past your house. Furthermore, your home is likely situated at the intersection of a busy road, which means lots of traffic, noise and people at all hours of the day and night. Model homes are not new. While no one has actually lived in your model home yet, there’s likely been hundreds of people browsing through its interior. Some people don’t like that so many others have been inside their home before they actually move in, so if this is an issue for you, buying a model home might be a bad idea.

Model homes are grand in style and features, but to actually live in one might pose an issue or two. Before making the decision to invest in one, consider the pros and cons of investing in a model home listed above.

David Asselin

Phone: 778-683-7147

Happy to help with any of your Real Estate needs!

Post sponsored by David Asselin