Happy May 1st!  New Homes are Less Expensive to Maintain!  Newly constructed homes have savings that come from reduced energy and maintenance expenses.  Judie Woodall, from Strategic Real Estate Solutions offered insight on how new homes save you money. 

Data from the 2009 American Housing Survey (AHS) offer proof. The AHS classifies new construction as homes no more than four years old.  For example, for routine maintenance expenses, 26% of all homeowners spent $100 or more a month on various upkeep costs. However, only 11%  of owners of newly constructed homes spent this amount. In fact, 73% of new homeowners spent less than $25 a month on routine maintenance costs.  Similar findings are available for energy expenses. On a median per square foot basis, homeowners spent 78 cents per square foot per year on electricity. Owners of new homes spent 65 cents per square foot per year.  For homes with piped gas, homeowners spent on average 53 cents per square foot per year. Owners of new homes spent 38 cents per square foot per year.  These data highlight that a new home offers savings over the life of ownership due to reduced operating costs.

Peachtree Residential builds new homes in several top Atlanta locations.  Visit the Peachtree Residential website to view our neighborhoods and inventory homes.  Homes available ready for move- in or build your dream home.  Building new homes in several locations!