- Rima expressed dissatisfaction with the stringent warranty conditions and the low ceilings.
- READ MORE: Interior experts share the top five most common home renovation remorse stories
A woman has shared that she was so dissatisfied with her initially purchased new-build home that she decided to sell it after just five years.
Rima, who goes by @healthxcel on TikTok , outlined for her the subsequent five primary factors behind her dislike of her initial residence.
The pharmacist cautioned her audience against the dangers of purchasing a newly constructed property.
From low ceilings to stringent warranty conditions, here are the five factors that led to Rima’s disappointment with her initial home purchase.
1. Warranty Clauses
Typically, newly constructed houses include warranty insurance policies valid for about ten years, ensuring that prospective purchasers are protected against problems that might arise within their residences.
According to these insurance policies, coverage for defects in the home typically lasts for the initial two-year period. Zoopla .
These problems encompass defective plumbing, incorrect installation of electrical wiring, and windows that have not been properly caulked or weatherstripped.
Following the first two years, the warranty generally extends to cover just structural issues within the house, including concerns related to the roofing system or foundational aspects.
A lot of people view the 10-year warranty included with these property types as a benefit; nevertheless, Rima felt that the 'rigorous conditions' of her policy were obstructive.
Elaborating on the downside, the content creator mentioned: "Although they offered us a ten-year warranty, it frequently came with various conditions."
This implied that whenever an issue genuinely required attention, we faced stringent conditions before the problem could be resolved.
2. Compact Spaces with Lower Ceilings
One issue the homeowner had with her initial property was the dimensions of the spaces.
Victorian or Edwardian structures from earlier times might have ceilings exceeding heights of three meters.
However, in modern homes this is not always the case.
Newer constructions feature significantly lower ceiling heights to aid in minimizing heating expenses, typically measuring around 2.4 meters, as stated by Extension Architecture.
Even though it was intended to enhance cost efficiency, Rima discovered that the low ceilings and compact spaces in her initial house made her feel confined.
She commented, "Actually, the rooms are quite tiny. Additionally, new constructions feature lower ceilings, making the space seem even more compact and causing the furnishings to be somewhat squeezed."
3. You End Up Spending More Money
One more factor causing the content creator to regret purchasing her initial house stems from the additional expenses incurred for enhancing various sections of the property.
She disclosed: "In reality, you end up investing more money in the house."
This occurs as you often receive enhancements like upgraded kitchen countertops or bathroom tiles since they provide only the bare essentials.
4. 'The Conclusion Is Lackluster'
The pharmacist was under the impression that she hadn't acquired the fully finished first home she had envisioned, which only increased her remorse over the acquisition.
As stated by the previous new-homeowner, her residence was lacking a high-quality completion, which led to numerous problems surfacing within the property.
In her initial year after relocating into her brand-new house, Rima noticed that the bathroom started to show signs of dampness very rapidly.
She blamed this problem on the allegedly 'low-cost materials' utilized for constructing the house.
5. The Initial Decline in Home Value
Rima felt remorse about purchasing a newly built home because its value decreased initially and only started increasing over time.
She stated, "Generally, newly constructed homes remain stagnant in terms of their worth for an extended period when you consider selling them since they typically start with inflated prices."
According to 2019 Land Registry data The typical cost of a newly constructed house is 29% more expensive compared to homes that already exist.
Moreover, one major advantage of buying a newly constructed property is that it is brand new—so when you acquire the house, the extra amount you pay for its freshness becomes unnecessary. Property Selling Company reports.
Additionally, if your aim is to sell the property for a profit, another potential risk involves the balance between supply and demand.
When you first purchased your newly built home, it might have stood out among just a few similar properties. However, as more homes like it appear, it could become less attractive to future buyers.
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