Buying a Brand New Home? Maintenance May Cost More Than You Think

Christy Bieber, The Motley Fool
·3-min read
Buying a Brand New Home? Maintenance May Cost More Than You Think

In some cases, you might justify the extra expense of new construction based on the assumption that you aren't going to need a lot of money for maintenance and repairs since the property is new. Unfortunately, things don't always work out that way -- and you could end up with repair costs sooner than you think. When you buy a new construction home, it usually comes with a builder's warranty for the first year or so.