Realtor.com Study: New Homes Deliver $25,335 Savings Over Ten Years
Realtor.com reports that buyers of new construction homes save an average of $25,335 over the first ten years through lower energy bills and reduced major repairs. Massachusetts leads with $38,927 in ten-year savings thanks to stringent building codes and harsh winters.
1. Research Findings
The analysis reveals that purchasers of newly built single-family homes save an average of $25,335 over ten years compared with buyers of 20-year-old properties, driven primarily by lower utility bills and delayed replacement of major systems such as HVAC, roofs and water heaters.
2. Geographic Breakdown
States in New England deliver the greatest advantage, with Massachusetts homeowners saving $38,927 over a decade due to tougher building codes and colder climates, while Southern markets see smaller savings because of milder weather and less stringent efficiency standards.
3. Interactive Cost Hub Launch
A new cost of ownership hub will feature personalized ten-year savings estimates on utilities, roof replacements, HVAC and water heater costs for new construction listings, aiming to give potential buyers clearer financial comparisons before builder engagement.