In New World, players must pay taxes every week after purchasing a house. If the house purchased by the player is located in a settlement controlled by the player's faction, the player will receive a tax discount on the first house. In addition, obtaining a territorial level will occasionally give players the New World Gold option of lowering the privilege of property taxes in certain territories.

If the player does not pay the weekly property tax, the player's house will not be foreclosed. But the player will lose the benefits of owning a house, such as trophy bonuses, the ability to decorate the house, or the ability to quickly go to the house. Paying taxes will regain benefits, so if the player finds that there is not enough money or does not need the benefits of owning a house at all, it is perfectly acceptable to temporarily stop paying weekly taxes.

One of the main benefits of owning a house in New World is the ability to go there quickly every few hours. Since fast travel often requires Azoth resources, having a free way to travel the world more easily is a huge help. Players can have up to three houses at the highest level, so it is wise to spread the house purchases to different settlements around the map to navigate Aeternum faster.

In addition to fast travel, owning a home means more storage space. The house can be equipped with multiple storage boxes, which greatly increases the storage capacity of the player in the New World Coins settlement. Players can also decorate their homes with trophies. Each home can be equipped with five unique trophies. Although the same type of trophies cannot be placed in one home, they can be placed in different homes, effectively allowing bonuses to be superimposed.

Storage boxes and trophies are made using furniture trade skills. Players need a fairly high level of furniture and some rare resources to make some of these items themselves, but players can also simply buy boxes and trophies from other players through the trading stations in each settlement. If players lack New World Coins, they can go to NewWorldCoins to purchase. There are very cheap New World Coins.