Realtor.com Launches Savings Tool After Finding $25,335 Ten-Year Benefit for New Homes
Realtor.com research shows buyers of newly built homes save an average $25,335 over ten years through lower energy bills and fewer major repairs, with Massachusetts homeowners benefiting from up to $38,927 in savings. The platform will introduce an interactive cost-of-ownership hub displaying personalized decade-long savings estimates for new construction listings.
1. Research Findings on New Construction Savings
Realtor.com’s analysis reveals that buyers of newly constructed homes save an average of $25,335 over the first ten years of ownership compared to purchasers of 20-year-old homes. These savings stem from lower utility costs due to enhanced energy efficiency and deferred replacement costs for major systems like HVAC, roofs and water heaters.
2. Geographic Variation in Savings
The study highlights a stark regional divide, with New England states offering the greatest long-term advantages; Massachusetts tops the list with average ten-year savings of $38,927 and a 46.7% price premium coverage. In contrast, Southern states show narrower energy performance gaps, resulting in smaller cumulative savings despite robust new construction markets.
3. Introduction of Interactive Cost-of-Ownership Hub
To help buyers quantify these benefits, Realtor.com will roll out a dedicated cost-of-ownership hub on new construction listings. The tool provides personalized ten-year estimates for utility, roof, HVAC and water heater savings compared to comparable resale homes, giving prospective buyers a clearer financial picture before they engage with builders.