New Home Building

It’s hard to believe, but the official start of spring is just a couple weeks away. As the snow begins to melt and we transition to the new season, now is the perfect time to begin thinking about a new home. But the age-old question may remain in your mind… to build or to buy? Here are a few reasons you should consider building a home with Kootenia in 2019.

1. The Rapp Farm Development is in its Final Phase

The community of Rapp Farm, located in the gorgeous suburb of North Oaks, is in its final stage of development. Kootenia Homes is one of just several homebuilders that has exclusive rights to build in this pristine neighborhood. With only 12 homesites remaining, the opportunity to reside in this impeccable location is quickly coming to a close. Virtually every remaining homesite in this neighborhood is located on a wooded lot. Some of these lots are very secluded and back up to conservation areas and are immersed in nature and wildlife. Furthermore, Rapp Farm contains miles of trails, parks, a community clubhouse, pool, and is a part of the highly ranked Mounds View School District. This is a perfect place for a plethora of families; from young families continuing to grow, to empty nesters, to those enjoying their years in retirement.

2. Achieving Your Wish List

A limited amount of home inventory on the market also limits your ability to find what you are looking for in a home. Combine that with the number of people entering the home buying market this year and in the years that will follow, and home inventory becomes even more scarce. On top of having minimal options to choose from among existing homes, the likelihood of a person getting the items on their wish list in an existing home is very slim. Buying a new home is one of the most significant purchases a person can make. Why invest in a property that contains rooms or areas you don’t need or lacks spaces that you really do need? Building a Kootenia home gives you the freedom to design every space in your home to your liking, maximizing the use of every square inch.

Building new also means your home is 100% ready the day that you close, requiring no home renovations or remodeling. Our warranties also ensure that any issues that arise in your new home will be covered, giving you peace of mind.

These aspects mixed with the fact that a new home is built with more sustainable, energy efficient materials that are more environmentally friendly is another set of reasons that would encourage those in the market to consider building a home rather than buying one. Not to mention the resale value of a more recently built home than trying to sell an older one!

3. Now is a Great Time to Sell Your Current Home

According to RE/MAX Integra Midwest’s 2019 Housing Market Outlook Report, brokers anticipate a seller’s market to continue throughout the state in 2019. However, while mortgage rates continue to remain historically low, brokers are expecting rates in the next year to climb 5-6%, which will begin to decrease buyer demand. This means that now is a great time to sell your existing home, while it’s still a seller’s market. Another reason to consider selling this year is the sheer number of buyers set to enter the home buying market in 2019. The median age for home buyers is 32 and 33, which according the Census Bureau, currently makes up about 4.4 million people. With this many more people entering the market, home inventory becomes even more scarce. The bottom line is this: there are plenty of buyers out there that are seriously interested in purchasing a home. Don’t wait for the market to get more competitive; sell now at the best price possible!

Are you searching for a new home but aren’t sure where to begin? Stop by our brand new custom Kootenia model located at 50 Rapp Farm Boulevard in North Oaks during the spring Parade of Homes and learn more about our process and remaining homesites in Rapp Farm. It may be the perfect fit for you and your family!