Today, nearly 1 in 3 homes for sale is [new construction](https://www.realtor.com/new-construction-days-of-deals?cid=imc_days-of-deals-2024_house-ads_HPRibbon_Ribbon)—and in certain areas, homebuyers can get a lot more bang for their buck because these [brand-new builds](https://www.realtor.com/advice/buy/new-construction-new-homes-cost-less-than-existing-homes/) are cheaper than older homes. The reason for this is due to several factors, says Cliff Johnson, vice president of new homes and [rentals](https://www.realtor.com/rentals) at [Realtor.com®](http://realtor.com). “The
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