When you buy a house you don’t want to make the wrong decision and miss out on the best option for you. I mean, buying a house is a big deal and that decision lasts a while. Right?
New build or existing home? How do you choose?
Hi, I am Sherri Echols, Broker Associate with eXp Realty. When I’m facing tough decisions like this I fall back on something my daddy taught me a long time ago. Write a pros and cons list to help decide which things are most important.
Let’s go through a few of the main differences between new build homes and existing ones.
New Builds
Brand new, never lived in
Modern layout, finishes and appliances
Improved insulation and energy efficiency
Some builders have great incentives that make new more affordable
Less central locations
No mature landscapes
Smaller lots
Potential closing delays
Construction going on in the neighborhood for a while
May be writing a contract on a home that hasn’t started being built yet
Resale Home
May have more unique layout – some people prefer the feel of older floor plans
Larger lots
More central location
Established trees and landscape
The whole neighborhood is built – there is a community there
Older appliances, less energy efficient,
Will need more maintenance sooner
Utility costs may be higher without doing some renovation
You can see what you get right away
Price and terms may be more negotiable
My team and I are here to help you weigh the options so you make a decision you are happy with. Call us now for an appointment!
I’m your community market leader Sherri Echols, a helping hand for a happy home.
