Are you thinking of buying a home? one of the biggest decisions you’ll need to make is whether you should choose a new construction or a resale home. This can be one of your biggest decisions in your overall home selection. Have you really thought about the differences between the two types of homes and the fact that one might be a better choice for your particular needs than the other? Here are a few pertinent facts to help you make your decision.
You Can Generally Get More Home for Your Money With Resale Homes
New homes cost more than older homes since they have the latest and most up-to-date features. Additionally, older homes normally have lower property taxes as well, depending on the local jurisdiction.
New Homes Have Better Efficiency
Window and appliance companies have greatly improved the efficiency of their products. Efficient windows mean significantly improved insulation in winter and in summer. Newer electrical and gas appliances mean greater efficiency and lower energy bills.
New Homes Are Built Using New Materials
If you choose a new home, it is a straightforward corollary that you can expect new materials. That can mean fewer maintenance problems and fewer troubles with things breaking for the first few years that you live there.
Resale Homes Often Have More Space
With an older home, you often have a larger yard than with new construction. New homes are frequently built closer together on smaller parcels, leaving less space for big yards.
Resale Homes Are Usually More Easily Negotiable
Buyers can typically negotiate a more favorable price on older homes than they can on new properties. In areas where the need for new homes is healthy, it is more difficult to get a better price. This can mean getting a better value in a resale home for the price of a small new home.
Older Homes Are More Traditional
If you’re looking for a familiar-looking home, with a traditional layout, a resale home is ideal for you. Older homes usually have a real dining room, a family room and other traditional features that you would expect in a home built to older standards.
New Homes Typically Have Modern Construction
In addition to new household appliances, new construction homes also incorporate updated amenities that homebuyers today have come to expect. Engineered building materials, granite countertops, additional bathrooms and other such features are usually expected on new homes.
New Homes Have Modern Safety Features
With a newly built home, you can expect the latest safety features that builders are putting in homes under current codes. As a result, there are fewer safety hazards for your family’s welfare.
There are several advantages to choosing an older home, but there are also advantages to buying a new construction home. Making the final decision, of course, is often a matter that comes down to one’s personal preference. Either way, weigh the options carefully before making your final decision. That’s always the best way to get a home you want.