What could be better than new construction?

One phrase we use with relative frequency in real estate is, “better-than-new-construction,” and I realized recently that consumers may be confused by this turn of phrase. I think it is most confusing because “better” is a totally subjective word, especially when it comes to one’s home. The truth is, if you want new construction, nothing is better than that! 

But, there are some pros and cons to be aware of when it comes to new construction versus a remodeled home. The biggest benefit to new construction is that you will be the first person to ever live in it, plus you receive a builder warranty, which provides protection for approximately one year! Everything will feel, look and smell fresh. On the flip side, this may also be a con for new construction. Because everything is new, you will be the person to discover all the home’s kinks and quirks. That discovery process may be more than you want to take on. 

With new construction, there are also several standard items that are traditionally not included with the home such as washer/dryer, window treatment, closet organizers, light fixtures and ceiling fans. Additionally, most of the finishes will be “builder’s grade,” meaning generic enough to appeal to the masses and typically not the highest quality available. For some this may be a benefit because they are excited to customize their home, while for others these additional items feel like a costly burden. 

Right now we have two “better-than-new-construction” homes on the market with so much to offer, including so many of the features you may miss with new construction including upgrades, size, charm and location. 

Upgrades
Our listing at 180 E Pearson, residence #6006, was recently fully renovated with design-forward modern finishes including slab ceiling detail in the kitchen with integrated lighting, solid-core panel detailed doors, designer lighting, fully customized closets and automated lighting and blinds (rarely found in new construction!). When a homeowner remodels instead of a builder, there is a greater attention to quality and design – you won’t find builder’s grade finishes anywhere in this home. 

Our single-family home listing at 3305 W Belle Plaine is another great example of quality finishes with its upgraded deck with composite decking, custom attached shelving throughout, custom closet organizers (rarely found in new construction!), and Lutron dimmers – all the details that make a house a home. Both of these properties are great examples of investing in smaller details that make a huge difference when it comes to the look, feel and functionality of a home. 

Size 
One fact of living in Chicago is there are only so many wide lots in the city. With our listing on Belle Plaine, you could be the proud owner of one, without having to lift a finger with remodeling. The same goes for our home at 180 E Pearson, which is a high-floor corner unit with endless west, south, city and lake views and just shy of 3,000 square feet of living space. To get the same view and square footage in a new construction building, you would easily wait 18 to 24 months. 

Charm
At our listing on Belle Plaine, you get the best of all worlds with modern updates, mixed with some of the original charming design of the home including an incredible dining room wood built-in with mirror. At 180 E Pearson, sellers added a versatile sliding solid wood door/feature wall which opens into the office/third bedroom – an update you would only think of after having lived in the home. 

Location 
In some parts of the country, big plots of land still remain empty close to a downtown area. That is very much not the case in Chicago! With these remodeled homes, you are able to live in what feels like a new home, but in a prime location close to everything. 

With our Pearson listing, you also get the benefit of resort-like living through access to the Ritz Carlton Hotel amenities including room service and concierge; plus the Carlton Club Spa, fitness center, indoor pool and lounge. With Belle Plaine, you get a prime location close to Horner Park, restaurants/breweries/shopping, and easy 90/94 access.

Don’t get me wrong, new construction is a great option, but for those who want something unique – and fast – remodeled homes are the perfect solution!