{"id":3646,"date":"2017-09-01T19:07:55","date_gmt":"2017-09-01T19:07:55","guid":{"rendered":"https:\/\/www.geranium.com\/blog\/?p=3646"},"modified":"2025-06-30T20:28:52","modified_gmt":"2025-06-30T20:28:52","slug":"benefits-of-buying-pre-construction","status":"publish","type":"post","link":"https:\/\/www.geranium.com\/blog\/benefits-of-buying-pre-construction\/","title":{"rendered":"The Benefits of Buying Pre-Construction"},"content":{"rendered":"

\"\"
\nThere are many builders and communities that give you the opportunity to purchase a new home before it\u2019s built. Investing in a pre-construction home has many advantages that a resale home isn\u2019t able to provide. Here are four reasons why pre-construction may be the right choice for you.<\/p>\n

1. More time to save money<\/strong><\/span>
\nWhen purchasing a pre-construction home, you have the luxury of time. You secure your new home with a deposit. Depending on the builder\u2019s deposit structure, you will be required to pay the deposit in small increments, typically up to 20 percent of the purchase price, by the time of Occupancy. This provides you with the opportunity to save up for your mortgage payments that only begin after Closing. Furthermore, most lenders will offer a cap rate mortgage program, meaning your interest rate will not change should rates go up during the construction phase of your new home.<\/p>\n

2. Choice and Customization<\/strong><\/span>
\nAs a pre-construction home buyer, you get to choose from an incredible selection of new homes and models like our new community Allegro in Aurora<\/a>. By purchasing a new home, you get to choose a floorplan <\/a>that fits your family\u2019s lifestyle and can accommodate your needs now as well as the needs you may envision in the future. You also get to choose the features and finishes that best suit your tastes and budget such as countertops, flooring and other design accents.<\/p>\n

\"\"

Our Allegro Sales Centre makes it easy to visualize your dream home, with easy to access floorplans.<\/p><\/div>\n

3. Warranty and Peace of Mind<\/strong><\/span>
\nThe greatest benefit of being a pre-construction home buyer is that home builders, like Geranium<\/a>, stand behind their work with an after-sales service program and a third-party Tarion Warranty<\/a> that covers a range of deficiencies over the course of your first seven years of home ownership.
\nFrom the moment you take possession of your home, your warranty<\/a> covers deficiencies over the course of thirty days, one year, two years and seven years. Leaving you with peace of mind and with nothing to do but move in and enjoy!
\n\"\"<\/p>\n

4. Moving in to a Brand New Home<\/strong><\/span>
\nMoving into a brand new home means you don\u2019t have to think about any renovations. Your new home is move-in ready. Home builders use the most advanced products and materials, resulting in a more energy efficient home, built to high quality standards. You won\u2019t have to worry about updating your home\u2019s shingles, windows, or doors like you may in an older home. What\u2019s more, during your Pre-Delivery Inspection (PDI)<\/a>, you can walk through your new home with a construction representative to have deficiencies rectified within the performance guidelines<\/a>.<\/p>\n

\"\"

Walk through your new home with site superintendent during the Pre-Delivery Inspection<\/p><\/div>\n

Be sure to contact us<\/a> as we can guide you through what buying pre-construction could mean for you and how it can align with your home buying goals.<\/p>\n

\"\"

Enjoy every step of the home buying purchase.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

There are many builders and communities that give you the opportunity to purchase a new home before it\u2019s built. Investing in a pre-construction home has many advantages that a resale home isn\u2019t able to provide. Here are four reasons why pre-construction may be the right choice for you.<\/p>\n

READ MORE ><\/a><\/p>\n","protected":false},"author":2,"featured_media":3663,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[546,735,193,734],"tags":[661,657,197,659,250,654,658,660,655,656],"class_list":["post-3646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aurora","category-buying-a-home-tips-for-new-homebuyers","category-how-we-build","category-tips-for-new-homebuyers","tag-allegro-aurora","tag-buying-a-new-home","tag-construction","tag-mortgage","tag-new-home","tag-pre-construction","tag-pre-delivery-inspection","tag-saving-for-a-new-home","tag-tarion","tag-warranty"],"_links":{"self":[{"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/posts\/3646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/comments?post=3646"}],"version-history":[{"count":10,"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/posts\/3646\/revisions"}],"predecessor-version":[{"id":6897,"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/posts\/3646\/revisions\/6897"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/media\/3663"}],"wp:attachment":[{"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/media?parent=3646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/categories?post=3646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.geranium.com\/blog\/wp-json\/wp\/v2\/tags?post=3646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}