The Top 5 Reasons to Buy New Construction in 2023
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Whatever your new year’s resolutions are, buying a new construction home is a big way to meet your goals in 2023.
With some of the top new construction properties on the market—including Motif, The Parks at Historic Walter Reed and Intersect at O—development real estate firm Urban Pace is in a unique position to help buyers achieve their goals in the new year.
Here are Urban Pace’s top five reasons to buy new construction in 2023.
Save Money
Urban Pace has some fantastic pricing and extremely competitive builder incentives specific to new construction, including free upgrades, rate buydowns and assistance with closing costs*. And once you do buy that new home, you can start taking advantage of tax benefits, stop paying someone else's mortgage and start building your own nest egg by paying down your own mortgage each month. For example, own the last one bedroom at The Brooks for $399,900 with zero closing costs*.
Invest
Many of Urban Pace’s listings are the perfect investment opportunities. New construction means less hassle and less upkeep as a landlord because the interiors and exteriors are brand new and still under warranty. Urban Pace even has bulk-purchase opportunities available. Contact us to learn how you can potentially take advantage of Opportunity Zone tax benefits at Kite House.
Stop Renting
First-time home buyer? There may be some extra incentives for you. Ask how Urban Pace can get you into a brand new home for a monthly payment that may be less than your rent (and without unexpected hikes). Motif in Petworth is a boutique condo community where you can likely get into a brand new home for hundreds less than you’re paying in rent.
Grow Up (Or Break Up)
Upsizing or downsizing, Urban Pace has got you covered from sleek urban studios and stunning penthouses to spacious suburban townhomes. Or what about the total unicorn: a spacious urban townhome featuring private elevator, dedicated parking and two of your own outdoor spaces? For that, check out Intersect at O, but do it now, because only four remain.
Change of Pace
After the trials of the past few years, some of us are craving a fresh start. Urban Pace offers homes in nearly every DC neighborhood. It doesn’t hurt to come take a look and imagine yourself in a brand new place.
If any of the above are goals for you this year, Urban Pace would love to talk. Check out the firm's complete listings to view more homes, or contact Urban Pace directly to learn more.
*Contact sales to learn more
See other articles related to: dc condo market, dc condos, new condo market, urban pace
This article originally published at https://dc.urbanturf.com/articles/blog/top_5_reasons_to_buy_new_construction_in_2023/20499.
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