Boise Buyers Are Seeing a Shift: When New Construction Costs Less Than Existing Homes
What It Means for You—and Why the Right Inspection Still Matters
A recent report from Realtor.com has revealed a surprising shift in the real estate market: in five U.S. states, including Idaho, new construction homes are selling for less than existing ones. This is a game-changer, flipping the traditional assumption about new builds being more expensive than resale homes on its head.
Right here in Boise, this trend is reshaping the landscape, offering buyers more options than ever and forcing sellers to rethink how they present their homes. As a result, one thing is clearer than ever: inspections are more important than ever—whether you're buying new or resale.
🔍 What’s Happening in Boise’s Market?
For years, resale homes have been the go-to for Boise’s homebuyers. But the tides are turning, with builders now ramping up their efforts to attract buyers. Here’s a snapshot of what’s going on in the Treasure Valley:
Incentives from Builders: To compete with resale homes, builders are offering appealing deals like mortgage rate buydowns, covering closing costs, and sweetening the deal with upgrade packages.
Price Compression: In some cases, new homes are being listed for lower prices than comparable resale homes. This is a stark contrast to what we’ve seen in recent years, where new builds typically commanded a premium.
Inventory Shift: With fewer resale listings available and high demand for homes, more buyers are open to considering new builds. These homes offer modern amenities and are often move-in ready, making them an attractive option.
At the same time, while Boise’s older homes often come with mature landscaping, central locations, and classic charm, they also carry the burden of aging systems and hidden repair needs. This makes it all the more important for buyers to do their due diligence and understand exactly what they're getting into, whether they’re considering a new build or a resale.
🛠 Why Inspections Still Matter—Even on New Homes
Whether you're eyeing a 20-year-old home or a brand-new build, an independent inspection is still one of the best ways to ensure peace of mind. Here's how inspections benefit both buyers and sellers:
👉 Inspections for Resale Homes:
Uncover Hidden Issues: From outdated systems (like old HVAC or plumbing) to safety hazards, an inspection can catch problems that may not be immediately visible. Issues like hidden moisture, roofing concerns, or foundation problems could end up costing you thousands after you move in.
Transparency Before You Buy: An inspection gives you a clear picture of what you’re walking into financially and structurally. No surprises once the deal is closed.
👉 Inspections for New Construction Homes:
Builder Oversights: Even brand-new homes can have issues, and sometimes builders miss the mark. An inspection can catch problems such as improper ventilation, drainage issues, or even code violations that might not be immediately obvious to the untrained eye.
Prevent Future Headaches: A pre-close inspection helps ensure that any issues are addressed before the warranty clock starts ticking, saving you potential repair costs down the road.
🏷️ For Sellers: The Pre-Inspected Home Program
In a market where new homes are offering discounts and incentives, it’s more important than ever for sellers of existing homes to stand out. One of the best ways to make your home more appealing is by offering a pre-inspected home—giving buyers the clarity and confidence they need to move forward.
At Upright Inspections, our Pre-Inspected Home Program is designed to give sellers a competitive edge. Here’s how it works:
No-Cost Full Inspection: We provide a comprehensive inspection at no cost to you, giving you a clearer picture of your home's condition.
24/7 Access to Reports: We host your inspection report on GetReport.Online, allowing potential buyers to access it at any time, making your listing more attractive and transparent.
MLS-Ready Listing Language: Our professionally prepared listing language helps you communicate the value of your home, giving buyers confidence before they even walk through the door.
Example Listing Language:
"See the value before you visit. This home comes with a comprehensive, professionally prepared inspection report—giving you unmatched insight, clarity, and confidence from the start. Instantly access the full report at GetReport.Online and discover the true condition and quality behind the listing."
By offering a pre-inspected home, you show buyers that you’re committed to transparency, which can help build trust and move your property faster.
🧭 Final Thoughts: The Choice Between New and Resale Homes in Boise
Boise’s real estate market is offering buyers two distinct choices:
New Builds: Often offered at lower price points with added incentives, these homes come with modern features and minimal immediate maintenance needs.
Resale Homes: With location and charm on their side, these homes may have a bit more character and mature landscaping—but they also come with the potential for more unknowns, including aging systems and repair needs.
No matter which path you choose, the value of a professional inspection cannot be overstated. It provides buyers with clarity and sellers with an edge, ensuring that everyone walks into the deal with confidence.
If you're buying or selling in Boise, the right inspection could make all the difference—helping you navigate today’s competitive market and ensuring you make an informed, confident decision.
Contact Upright Inspections today to schedule your inspection and make your next move with peace of mind!
