Newly built homes in the US are gaining more and more popularity with each passing day. These new construction homes have somewhat revolutionized the US real estate market.
attracting a diverse range of buyers and investors. This shift in the market highlights the growing importance of understanding the nuances of wholesale real estate as a pivotal aspect of the industry.
Reuters reports that new home sales in the US saw huge leaps in September this year. Sales increased by 22.5 percent, in the Northeast and by 14.6 percent in the South. They also increased by 7.5 percent in the West and by 4.7 percent in the Midwest.
One such region that has seen an increase in demand for new construction homes is Colorado – home to the Rocky Mountains. The question now, though, is how Colorado and its home builders have managed to turn the region into a hotspot for new construction homes. Let’s find out.
The new construction homes in Colorado are situated in areas like Colorado Springs and Denver. Builders are choosing these properties for multiple reasons. However, the most important reason why these construction homes are being built in these regions is their proximity to Mother Nature and nearby facilities.
As Century Communities reports, Colorado enjoys sunshine for more than 300 days a year. The state boasts a thriving economy, breathtaking views of the Rocky Mountains, and has over 42 state marks. It also contains some of the most scenic hiking and biking trails in the world, as well as some of the finest ski resorts.
Apart from all this, Colorado also hosts several exquisite dining and entertainment options. CBS News reports that the state now has 5 Michelin-starred restaurants. These are located in Denver, Boulder, and Aspen.
Every new construction home features various modern amenities. Builders are especially working to make the home interiors look as modern and appealing as possible. From open-concept layouts to stylish and luxurious finishes, these home interiors are worth every penny.
If you take a close look at any modern architectural masterpiece, you’ll see that it strongly emphasizes natural light. This trend has been gaining popularity over the last decade, and home builders in Colorado are trying to make the most of it.
Most new homes in Colorado are being built with a focus on ensuring better and more access to natural lighting. To do so, these homes come with windows that stretch from the floor to the ceiling. They also have retractable walls and skylights.
Interior design-wise, these homes tend to feature reflective objects and natural colors. They also have ample open spaces to enhance the overall impact of the natural lighting inside the house. They may even feature lighter hues with fewer interior walls for more open space inside the house. Of course, the interior’s aesthetics largely depend on those living in the house.
Residential homes in Colorado are slowly leaning towards the use of organic and natural materials. These materials are not only being used during construction but also as decor inside and outside of the house.
This particular trend is being driven by consumers’ desire for cleaner and more eco-friendly spaces around their homes. Natural materials like wood and stone are frequently used for such purposes. Residents believe that these materials have a relaxing effect on the environment as well as the body.
In Colorado, you’ll see natural stones being used for bathrooms, flooring, countertops, and fireplaces. Wood is used for flooring, cabinets, and furniture.
Heated floors are some of the hottest trends in new construction homes in Colorado. It’s been seen that homeowners are often willing to pay more for a home with this feature.
Heated flooring keeps the home warm and comfortable during the colder months. Winters in Colorado have been dubbed as “seasonably cold” with the occasional cold waves coming in every once in a while. Even then, at least for colder months like December and January, having heated flooring at home can feel like a luxury.
In conclusion, Colorado is quickly becoming home to a thriving US housing market. As the demand for newly-built construction homes increases, this region is expected to see a further surge in demand for such real estate properties.
CNN reports that home builders in the US ramped up construction of new homes in July of this year. Home building increased by 3.9 percent from June as demand for new homes continued to grow. Thanks to its approach to new construction homes, as discussed above, Colorado is likely going to become a hotspot for such properties.