The new year is approaching, and that means new trends for new construction. Check out some of the popular trends 2-10 Home Buyers Warranty (2-10 HBW) is tracking for builders and buyers in 2023.
- Digitization is a huge trend for builders going into 2023.
- Buyers are looking for sustainable living and big windows.
- A 2-10 HBW Structural Warranty is still highly valued by builders and buyers.
1. The future is digital for builders
Automation and efficiency have become the norm in many industries. Although building homes is still powered by people, there are several ways that digitization will be a trend to follow in 2023.
Biometrics have become incredibly popular in everyday life, and they’re also increasingly popular in the construction space. In 2023, you can expect to see hardhats, safety vests, and other critical wearables becoming more digitized.
Digitized wearables can enhance safety efforts for a couple reasons. First, as any contractor will tell you, it’s getting hotter and hotter each year. Second, many of the most popular places to build—like Texas and the Southwest—require extra efforts to stay safe while building. Wearables that include digital biometrics scanners can help keep contractors safe and aware of when conditions are dangerous to their health.
Drones and robotics
Drones and robotics have also been increasing in popularity in construction, especially among engineers. A bird’s eye view can help track progress and spot safety concerns.
In addition, drone pictures can benefit builders on the sales side. Giving potential buyers a fresh look at their future home can elicit emotions that drive people to seriously consider a purchase.
Used properly, artificial intelligence (AI) can help builders work smarter and more efficiently. From construction-cost software to data-entry that uses machine learning, AI is a new frontier for encouraging safety and efficiency in new-home construction.
2. Buyers want two main things in 2023
Here are two of the biggest trends buyers will be looking for from builders in 2023.
What may have once been a luxury is quickly becoming a necessity. Between wicked droughts, water shortages, and hotter heat waves—along with deep freezes that are hitting places that aren’t typically prepared for them—buyers need assurance that the homes they buy from you are up to the challenge of weathering the elements that are growing evermore extreme.
Some steps that you can take to provide sustainable living include the following:
- Providing energy-efficient HVAC systems and/or solar power
- Using environmentally friendly building materials (e.g., easily recyclable, durable, and whose production minimizes pollution)
- Installing systems that minimize water use
Water conservation is especially important to consider if you’re building in popular areas like the Southwest, which are prone to water shortages and droughts.
A continuing trend for buyers is a desire to meld the indoor with the outdoor. And there are few better ways to do so than with big windows that allow as much light as possible in the home.
However, if you provide big windows in your new homes, you may need to consider sun protection, such as tinting. Threading the needle between allowing light in without overheating the home is indeed a challenge, but one you can approach with the right tools to provide a greatly valued benefit to your buyers.
3. A 2-10 HBW Structural Warranty is still highly valued in 2023
While 2023 will introduce new trends, a 2-10 HBW Structural Warranty continues to maintain its value for builders and buyers, just like it has for more than 40 years.
For builders, it can help you protect your profits on every home you build, promote your quality, and plan for a more successful future by protecting what’s behind you.
And your buyers want a 2-10 HBW Structural Warranty. According to a co-sponsored survey by 2-10 HBW and the NAHB, 94% of prospective home buyers are more likely to purchase a new home from a builder who offers a structural warranty. Plus, four of five buyers value a third-party, insurance-backed structural warranty.
Conclusion: Become a 2-10 HBW Builder Member
As the industry-leading structural warranty administrator, 2-10 HBW can help you reduce your risks in challenging markets and help you protect your profits, promote your quality, and protect your future by controlling what’s behind you.
Learn how you can protect your business and add valuable selling points to your new builds with a 2-10 HBW Structural Warranty.