Why More Buyers Are Opting for Newly Built Homes in Los Angeles and Beverly Hills, CA
Why More Buyers Are Opting for Newly Built Homes in Los Angeles and Beverly Hills, CA
Planning to buy a home in Los Angeles or Beverly Hills soon? Have you considered the allure of a brand-new home? The demand for newly built properties is soaring, with the National Association of Realtors (NAR) reporting that newly constructed homes accounted for 15% of all sales last year—the highest percentage in 17 years. For buyers in iconic neighborhoods like Bel Air, Holmby Hills, and Beverly Hills Flats, newly built homes offer a combination of modern conveniences, luxury, and customization.
The Top Motivators for Choosing a New Build
To understand why more buyers are gravitating toward new homes, NAR surveyed recent buyers. Here are the top reasons why newly constructed properties are gaining popularity:
1. Avoiding Renovations or Maintenance Issues (42%)
In prestigious Los Angeles and Beverly Hills communities, homebuyers value the peace of mind that comes with brand-new systems, plumbing, and electrical work. With inflation impacting budgets, minimizing upfront repair costs is a major perk. Additionally, many builders provide warranties, adding a layer of financial protection for major systems—a valuable benefit for buyers investing in high-end properties.
2. The Ability To Customize (27%)
From luxury estates in Beverly Hills to contemporary homes in Los Feliz, customization is key for buyers seeking unique properties. Newly built homes allow buyers to select everything from the layout and finishes to custom wine cellars and state-of-the-art kitchens. If you’re not finding an existing home that fits your vision, building one can be the perfect solution.
3. Community Amenities (25%)
Many new developments in areas like Brentwood and Pacific Palisades include exclusive amenities such as private parks, fitness centers, and resort-style pools. These features not only enhance your lifestyle but also foster a sense of community—a top priority for many Los Angeles homeowners.
4. Expanding Inventory Options (15%)
With existing home inventory still limited in neighborhoods like Santa Monica and Century City, buyers are increasingly turning to builders for more options. Developers are catching up with demand after years of underbuilding, offering homes that meet the needs of today’s luxury buyers without compromising on quality or location.
5. Energy Efficiency (14%)
New homes in Beverly Hills and surrounding areas often feature advanced energy-efficient systems, including high-efficiency HVAC units, modern appliances, and even solar panel installations. Not only do these upgrades reduce utility bills, but they also align with environmentally conscious living—a growing trend among luxury homeowners.
6. Smart Home Features (11%)
Tech-savvy buyers in neighborhoods like West Hollywood and the Wilshire Corridor are drawn to the latest smart home technologies. From integrated security systems to voice-controlled lighting, new builds offer cutting-edge features that enhance convenience and security.
Why You Need Your Own Agent When Buying New Construction
While newly built homes offer enticing benefits, navigating the purchase process can be complex. Builder contracts often include intricate fine print, making it essential to have your own real estate agent to advocate for your best interests. An experienced agent familiar with Los Angeles and Beverly Hills can ensure the construction meets your standards, negotiate on your behalf, and guide you through every step of the process.
Bottom Line
In high-demand markets like Los Angeles and Beverly Hills, newly built homes are an increasingly popular choice for their customization, convenience, and modern amenities. Whether you’re looking for a sleek contemporary home in Beverly Hills Flats or a tranquil retreat in Pacific Palisades, a new build could be your perfect match. Let’s connect to explore your options and ensure you have expert guidance when working with builders to create your dream home.
