Depending on your location within Middle Tennessee, you may find that homes under construction are easier to find than existing homes. Certain areas are so desirable that there simply isn’t enough real estate to go around without new homes being built.              

If this is part of the decision you’re facing as you purchase your next (or first) home, let’s break down some pros and cons of buying a home under construction.

Financial Considerations

Mortgage interest rates are higher than you might prefer, especially when compared to the roughly 3% national average rate we enjoyed in 2020. Rising interest rates have made it somewhat easier for buyers to bid competitively for existing homes, but they have also resulted in higher monthly

When it comes to home buying it feels like there are already limitless decisions to comb through of wants, needs, hopes, and budgets. While it can feel like there isn’t an easy way to start narrowing down what you are going to prioritize looking at or searching for, there is one important distinction that, if an obvious choice comes to you, you could easily mitigate a lot of time-wasting in the process. That decision is whether or not you are interested in a new construction home, or a resale home. Below we’ve laid out some of the biggest benefits about each type of home-buying. We hope this helps make your decision even a tiny bit easier! 

Perks of New Construction Homes

The “Green” Aspect

Whether it’s more on a cost basis or an