Advantages of Homeownership

Tax Deductions

Mortgage interest and property taxes are tax deductible on primary residences. First time homebuyers that purchase a home between January 1, 2009 and December 1, 2009, are eligible for up to an $8,000 federal tax credit that does not have to be repaid.

Home Appreciation

Despite the current downward cycle, real estate has consistently appreciated over time. As it appreciates, the equity in your home increases. Many people view their home as an investment for their future. 

Sense of Community

Homeownership creates a sense of belonging. Friendships, sense of security and comfort are often found within a community. New home communities allow homeowners the opportunity to help create this sense of community. 

Pride in Homeownership

Many homeowners experience a sense of accomplishment and achievement when they purchase a home. It is a place they can call their own. It is a place that can reflect their personal taste and express their individualism. 


Advantages to Buying a New Home

Past Home Problems

Inevitably, older homes have problems. When an older home is sold, the new homeowners inherit existing and future problems. Home inspectors often do not find all of the problems. Nor can they always predict future problems. With a new home, many of these problems can be avoided. For one, the home is new- with new materials and new appliances. Secondly, many of the materials used are the latest technology, offering a better made product.

Home Feature Selection

Everyone has their own opinion and personal taste. Purchasing a new home allows homeowners the ability to select certain home features within their new home to meet their individual preferences. Whether it is a rich cherry cabinet in the kitchen or an electrical socket in the hallway, there are small, yet important options a new home buyer can select. 

Current Building Standards

Today, new homes require multiple inspections throughout the building process and must meet rigorous code requirements. These requirements contribute to a safer, better built home. Fire safety, heating and cooling efficiency are just a few of the higher standards new homes require. 

Less Maintenance

Timber Ridge Homes honors the New York State Builder’s Warranty and manufacturing warranties for items installed in their newly constructed homes. 


Benefits of Buying an Energy Efficient Home

More Efficient Heating & Cooling System

Using an Energy Star Qualified Heating and Cooling System can help homeowners save $200-$400 annually on their utility bills. How does this work? More efficient systems require less energy, which translates into a lower cost.

Home Feature Selection

Everyone has their own opinion and personal taste. Purchasing a new home allows homeowners the ability to select certain home features within their new home to meet their individual preferences. Whether it is a rich cherry cabinet in the kitchen or an electrical socket in the hallway, there are small, yet important options a new home buyer can select. 

More Efficient Appliances

Much like an Energy Star heating and cooling system, other energy star appliances use less energy that lowers the homes over all utility bills. According to www.energystar.gov, 16% of annual greenhouse gas emissions are from the energy generated within the home. 

Smart Investment

Homeowners are becoming increasingly aware of the benefits of energy efficiency. Purchasing a home with an energy efficiency certification will boost the resale value. 

Lower Carbon Footprint

The less energy a home consumes, the fewer emissions and pollutants released. Purchasing a new home with energy efficiency allows homebuyers to be conscious of their energy impact and ultimately lowers their carbon footprint that contributes to a healthier environment.