Are new construction homes in Ventura more expensive than older homes? Are older homes money pits? If you’re in the market to buy a home in the area, these are probably just a few of the questions you’re asking yourself. We’ve got some answers that will help shed some light on why so many buyers are opting for brand-new homes in Ventura at masterplanned communities like The Farm.
The truth about pricing
Home prices in Ventura are lower than the majority of beach-close cities up and down the coast, and many inland cities as well. If you’re experiencing sticker shock about the prices of new homes in coastal cities from Santa Barbara to Redondo Beach, or throughout the San Fernando or Santa Clarita Valleys, you might be surprised to see all you can buy in Ventura. New construction homes in Ventura at The Farm start in just the high $600s; you’re likely not going to get anywhere near that price in many other cities for a new home, and older homes can be just as pricey.
Which brings to to our next item…
Buyers sometimes look to older homes in order to save some money, but, in many Southern California cities, the prices are still well over what you would spend if you bought new construction homes in Ventura at The Farm. And then there’s the renovation issue.
When you buy an older home, you could be looking at tens of thousands of dollars out of pocket—that’s on top of the cost of your new home. You may save money if you DIY instead of hiring professionals, but it’s important to remember that, “We’ll do the work over time,” and, “We’ll do the work ourselves” are famous last words. Renovations gone wrong will only add to the cost, and renos that go undone, often permanently, or at least for years, can be frustrating and also make people dislike their homes. Who wants that?
Perhaps you’ve watched your share of HGTV renovation shows and think a whole-house renovation looks fun and easy. The truth is: Renovations have proven to be one of the most stressful activities, and one that is most likely to take a toll on a marriage. Even if you’re only knocking down a wall or two or updating your kitchen, the expense can be tremendous—especially because you never know what you’ll find once you swing that sledgehammer.
It’s no wonder that so many homebuyers are opting for new homes that don’t require any renovation and that have been designed for the way today’s families want to live, with floorplans that already make sense for their lifestyle and with all the features they want.
You’ll likely save money over time
Consider one of U.S. News & World Report’s Reasons to Buy a Newly Built Homes: Fewer repairs. “The features of newly constructed homes should also hold up better than those of existing homes, which may have experienced years of wear and tear,” they said. “People will buy (previously-owned) houses and then the carpet needs to be replaced or it needs to be repainted, or it needs new appliances, or the flooring is shot. When they buy a new home in today’s market, it really is new.”
That could also mean less maintenance, they said, because, “Today’s new homes are engineered specifically to minimize maintenance requirements.” Buyers also appreciate that with new construction homes in Ventura, they have a builder warranty to take care of issues that may arise, generally in the first year.
You’ll live greener
Greater energy-efficiency appeals to those who want to lower their footprint, but also anyone looking to further save money. “New construction homes are typically extremely energy efficient,” said Get Happy At Home. “New construction homes are usually sealed so well that they have to have mechanical ventilation installed so you don’t suffocate. There are simply no drafts, and your heating bill will be A LOT lower.” Expect your utility bills to be lower in the summer as well, with a more efficient air conditioning unit and those lower temperatures in Ventura.
Speaking of weather…
Ventura may be hot, but the weather is cool
It’s just a matter of time ‘till temps are up over 100 again in most of Southern California. A person can only take so many of those triple-digit days in a row before they have to get in the car and drive to Ventura.
In truth, that’s how a lot of Ventura residents first fall in love with the city. They come to spend a summer day in the place where the mercury rarely rarely rises above the mid-‘70s and decide they never want to leave. Then they do a bit of research, take a tour of The Farm, and find they don’t have to!
The area is amazing
Ventura is a treasure trove of lifestyle pursuits and family-friendly hangouts. From the variety of beaches, to the abundance of activities at the Harbor, to an abundance of events all year round, people just can’t get enough of this spectacular city.
The homes are ideal
The Farm has resonated with a wide array of buyers, from young and maturing families, to empty-nesters and retirees, to multi-generational households. The community includes spacious single-family residences plus two on-site parks and a convenient and desirable address just 10 minutes from the beach and near great recreation, entertainment, dining, and local hotspots. Ventura was ranked one of the “Happiest Places in the U.S.” and called everything one of the “10 Best Places to Live Now.”
Homes currently remain in one community at The Farm:
Light-filled single-family homes with open floorplans, island kitchens, first-floor en-suite bedrooms, and alley-loaded garages
- Four bedrooms and three to three and one-half baths
- 2,223–2,702 square feet of living space
For more information about new construction homes in Ventura, visit The Farm. You can also register your name on the VIP interest list to make sure you are kept up to date on important community news and remaining homes.