Why Buy a Newly-Built Home? – Victoria Homes

Newly built or pre-construction homes are the house of choice for many homebuyers. Trulia recently asked people Americans whether they would prefer to buy a newly built home or a previously-lived-in home, and a whopping 41 percent said they wanted brand-spanking new.

A quirk of a history has left Australia’s cities host to some of the largest stands of Victorian era housing anywhere. The combination of fast growing seaborne trade and wool industry, and later gold strikes across four states, saw immigration to the colonies soar during the reign of Queen Victoria which gave this highly prized architectural style its name.

A newly built home allows you to spend your time and money the way you want. There’s nothing to repair or re-do.. Owners of newly built homes generally pay lower taxes over the first two years.. That’s the problem with buying a used home-you may get hit with expensive repairs.

A proponent of this type of home design is Marianne Cusato, one of the first designers of the Katrina Cottage. She continues to design simple, functional homes using modern materials and state-of-the-art, energy-efficient appliances. Cusato’s design for the New Economy home emphasizes affordability, expandability, and sustainability.

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You can only claim the grant for new properties costing up to $600,000 or up to. In Victoria, you can get a $10,000 First Home Owner Grant if the property you. For both established or a newly built home, you'll pay no stamp duty as a first.

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When it comes to housing, new construction has a never-been-touched attraction, while existing homes have stories to tell. For every advantage of buying newly built and existing homes, there’s a flip side. For example, newly constructed homes tend to cost more than similar pre-owned homes, sometimes as much as 20 percent more.

More: Glasgow’s Pollokshields Has Mansions, Green Spaces and an Artsy Vibe "There are more apartments and terrace houses than detached single-family homes because land is. She said it’s possible to.


“People are not buying new homes,” he said. “We're. In Victoria, it's difficult to build a home under $200,000 because of the cost of labor and.

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