New Construction in Knoxville If you're ready to build the home of your dreams, why not install the most efficient and high-end heating and cooling system on the market today? A newly constructed home comes with a certain tranquility that's not common among formerly owned homes. Installing a WaterFurnace geothermal system can transfer that peace of mind to your heating and cooling system as well. Combining a geothermal system in your newly constructed home means you can pass the cost into your monthly mortgage payment. Your savings in operating costs will typically balance out the increase in mortgage payment - which means you may see a positive cashflow!