When people are in the market to purchase a home some will consider new construction while others may prefer an existing home. Given the current Waikoloa Village market with 15 homes for sale in the $300K to $400K price range, this is definitely a place to look and purchase a resale home, but buyers may decide to take advantage of finding exceptional value in new and custom houses.
Kilohana Kai Waikoloa home listed at $389,000 (MLS# 254134)
The Allure of a New Home
Many people find the allure of new construction to be too much to resist. Watching your home emerge from the ground up can be exciting. There is a certain satisfaction to know that everything in a new home is “brand new” and to be the first people to live in the home.
Wood floors in master bedroom (MLS# 254134)
Another advantage of new home construction is the way in which a new home reflects current lifestyles. Family or friends often gather in the kitchen and cooking becomes a group project. Most people on the Big Island want to enjoy their dinner on the lanai while watching wonderful sunsets of the Kohala Coast.
Brand new 3 bedroom home under construction listed at $439,000 (MLS# 254135)
Another advantage of a new construction home is the fact that new homes tend to appreciate at a faster rate in the first two to five years after purchase than do older homes. Part of this can be attributed to the fact that during the first few years you are making improvements to the house such as landscaping, fencing, window coverings, etc.
Homes in Waikoloa Village
Waikoloa Village presently offers homes under construction and existing homes at attractive prices. The purchase of a home is one of the largest financial decisions you make in your lifetime, and there are many things to consider when deciding whether a new construction or a resale home is right for you. I will be happy to show you both resale and new construction and to provide insight to help you make the right decision.
I live, work, and play in Waikoloa Village!