1Adjustment based on $80 per square foot.
2See sales associate for details. Information stated above is for illustrative purposes only and offered only as a broad overview of the potential advantages of buying new construction. Home costs listed will vary depending on size and location of home and local market conditions. Consumer is advised to conduct their own thorough research before making a home purchase. Reserve/Replacement: Based on residential construction industry life averages of systems and materials as follows: carpet @ 7 yrs @ $6,650, HVAC @ 15 yrs @ $5,000, Roof @ 20 yrs @ $15,000, Exterior Paint @ 7 yrs @ $3,100, Appliances @ 8 yrs @ $5,450, Misc Repair @ 7 yrs @ $7,000; 7 years proration of all systems = $42,200. Utility Bills: Based on 7 year usage estimates from industry professionals who measure energy efficiency throughout the state of Florida, find that new homes built meet a HERS rating of 60-70 exceeding codes and will yield a 35-40% energy savings over existing older construction. Insurance: Based on general average of yearly savings on newer construction in the state of Florida based on higher safety standards, stronger construction and latest building code requirements. Resale Value: based on National Realtor averages used when preparing a competitive market analysis. This amount is highly subjective and will vary from house to house based on market conditions.
