| | Hey there, future homeowner! | | Buying a brand new home is exciting, but the prices can shoot up quickly when you start customizing. | Don't worry, though—I have some great tips to help you save money while still getting all the features you want in your home. | | SAVVY
Strategies to Save Thousands on Upgrades Without Sacrificing Your Dream Home | | Did you know the average price for new homes in the U.S. is now around $400,500? That's quite expensive! | The cost can increase even more depending on the extra features and finishes you pick. That's why making wise upgrade choices is essential from the start. | Veronica Fuentes, a competent financial planner from Washington, D.C., explains that builders will immediately present you with many choices. "Which windows or floors do you want? What style should the siding be in, or where should the outlets be placed?" Each decision can significantly increase your costs—similar to the surprise when you see the price of a luxury car! | Here's a brilliant tip: start with the essentials. | Angie Hicks from Angi (yes, that Angie!) recommends investing your money in the basics like the foundation, framing, and plumbing. These are critical parts of your home—think of them as the crust and sauce of a pizza, and you can add the toppings later. | After you've taken care of the essential parts of your home, consider waiting before adding fancier upgrades. Angie suggests this approach because it helps you manage your money better over time. | Do you want fancy countertops or custom cabinets? Please wait a little, save money, and add them later. It's similar to waiting for the newest version of your phone—there's no need to rush when something better might be coming soon. | On average, people spend about $13,667 each year on home improvements. However, many save money by choosing more straightforward, less expensive options at first and then spending more on the unique features they want. Saving on small things, like paint or doorknobs, can add up over time. | Start with basic and affordable options like standard countertops. Later, you can upgrade to fancier granite or quartz ones, and it won't cost as much as redoing the entire kitchen. | You don't have to add every feature to your dream home simultaneously. Begin with a strong foundation and then make upgrades as you can afford them. This method helps you save money at the start and spreads out your costs, so you don't have to rely heavily on credit cards. | Building your home is a gradual process, not a race. Add your personal touch over time, and enjoy sharing your space at your own pace. This approach lets you create a home that matches your style and stays within your budget. | Click Here to learn how to make wise choices while buying your home. Let's turn your dream home into reality, one wise decision at a time! | Until next time,
The Real Estate News Team | P.S. Keep those piggy banks intact; your dream home is closer than you think! | | MUST-WATCH | | | | Ready to turn your real estate dreams into reality? Sign Up for our newsletter for more insider tips and expert advice on funding your investment journey! 🏠 | |
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