New Homes Less Expensive to Maintain?

The National Association of Home Builders has posted a blog about the cost of maintaining a home here:

Some of this is just intuitive, because a new home has less items that can go wrong.  It hasn’t had a chance to succumb to weather, water and gravity yet.

In addition, many new homes have better quality energy control features, such as high SEER heating and air conditioning systems, better insulation and better attic ventilation.  While the up-front cost of these new systems is significantly higher than in the past, the operating cost can be much lower.

If you’re a first-time home buyer, take heed of some of the costs in this article, as it can help you budget for the “unexpected” costs of home ownership.