Modern Features, Community Support Among New Home Benefits

 

The  home  building  industry  is  celebrating  New  Homes  Month  in  April,

 just  as  many  families  begin  to  think  about  buying  a  home  that  better  suits  their  needs  during  the  spring  home-

buying  season.  The  advantages  of

 newly-constructed  homes  and  condominiums  extend  beyond  the  features  enjoyed  by  the  home  buyer  to

 also  support  the  community  itself.

“Not  only  do  new  homes  feature  modern  floor  plans  and  superior  energy  efficiency  for  the  family  to  enjoy,  but  they  also  increase  the  property

 tax  base  which  generates  revenue  that  supports  local  schools  and

 communities,”  said  PBA  president  Warren  Peter.

The  National  Association  of  Home  Builders  (NAHB)  estimates  that  three  jobs

 are  created  for  each  new  single-family  home  that  is  built,  with  about  half

 being  in  the  construction  industry  and  the  rest  in  other  industries  that  are

 needed  to  outfit  and  sell  a  home  such  as  furniture,  appliances,  textiles,  loan  officers  and  lawyers.  A  total  of  $ 90,000  in  government  revenue  is  generated  —  $67,000  in  federal  taxes  and

 $23,000  in  state  and  local  taxes.

“Additionally,  income  that  is  earned  from  construction  activity  is  spent  and  recycled  in  the  local  economy,

 and  the  new  homes  that  are  built  are  occupied  by  residents  who  pay

 taxes  and  buy  locally  produced  goods  and  services.  Those  tax  revenues

 help  pay  for  a  wide  range  of  government  services,  including  local  school

 teachers,  police  departments  and  road  repairs.  The  trickle-down   effect  that  the  industry  generates  is  incredible,  said  Peter.”

A  newly-constructed  home  or  condominium  offers  outstanding  benefits

 to  the  home  owner  as  well  as

 to  the  community.  The  energy-efficient  features  that  are  often  included  in  new  homes  such  as  tankless  water  heaters,  ENERGY  STAR

 appliances  and  HVAC  systems  make  the  home  more  comfortable  and  can

 save  the  home  owners  significant  money  over  the  long  term.

New  home  floor  plans  are  designed  with  modern  lifestyles  in  mind,  andinclude  open  layouts,  high  ceilings, walk-in  closets  and  conveniently-located  laundry  and  home  officeaccommodations.  New  homes  arealso  wired  to  safely  accommodatethe  usage  of  modern  appliances  andtechnology  home  components  suchas  high-definition  televisions,  andsophisticated  lighting,  audio  andsecurity  systems.

To  learnmore  ,  visit  pabuilders.orgor  contact  your  local  home  buildersassociation.