As a homeowner who has enjoyed the stability and comfort of your current home for at least five years, now is the perfect time to consider upgrading to a brand-new home in our premier 25-home community in Smyrna, TN, Short’s Crossing. Here’s why being one of the first 10 buyers in this development can be a game-changer for your financial well-being.
Building Equity: Your Key to Financial Wealth
Housing has long been one of the most reliable ways to build financial wealth. Over the years, your home has likely appreciated in value, and you’ve built up substantial equity. This equity can be a powerful tool to help you secure a more valuable asset.
Consider this: if you are one of the first to buy a home in a new 25 home community and you bought Plan A, which will be built five more times, do you think the last buyer of Plan A will pay more or less than what you paid? My friends, this is what you call appreciation. If Plan A costs you $700K and five plans later it costs $745K, that represents a 6% return on your investment in just a year or two. If that home conservatively appreciates by 1% every year over 10 years due to the significant growth of the area, the new home value could be $823,000. That is a 17% return on your investment. The chances of seeing this type of growth in the stock market are very slim.
5 Advantages of Being an Early Buyer in a New Community
- Best Pricing and Incentives: As one of the first 10 buyers, you’ll have access to the best pricing and incentives. Early buyers often benefit from lower prices before the market value increases with demand.
- Prime Lot Selection: Early buyers get first pick of the best lots in the community. Choose a lot with the best views, optimal sunlight, or the perfect location within the development.
- Customizable Features: Be among the first to customize your home to your exact preferences. From choosing your floor plan to selecting finishes and fixtures, you’ll have the freedom to create a home that perfectly suits your lifestyle.
- Rising Property Values: Being an early buyer means getting in on the ground floor of rising property values. As the community grows and becomes more established, your home’s value is likely to increase, enhancing your investment.
- Lower Maintenance Costs: New homes come with the latest in construction technology, energy efficiency, and warranties. This means lower maintenance costs and fewer unexpected expenses compared to older homes.
Why Now is the Right Time to Sell and Buy
The current real estate market is favorable for sellers, with high demand and limited inventory driving up home prices. By selling your current home, you can maximize your return on investment and roll that equity into a new home in our community. This move not only upgrades your living situation but also positions you for future financial growth.
Tax Benefits and Financial Planning
Selling your home and buying a new one can also offer significant tax benefits. Capital gains exemptions and deductions for mortgage interest can make this transition financially advantageous. Additionally, locking in a low mortgage rate now can save you money in the long term, especially as interest rates are predicted to rise.
Take the First Step Towards Financial Growth
If you’ve been considering selling your home and making a move, now is the perfect time. The equity you’ve built up can be leveraged to secure a new home in our premier community, setting you on a path to greater financial stability and growth. Don’t miss out on the benefits of being one of the first new homeowners in the Short’s Crossing Community.
For additional information about Short’s Crossing select this link:
https://shortscrossing.mymichaelshomestn.com/
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