New Construction vs Resale
Comparing New Construction vs Resale
New construction home developments have sprung up across the country. They show beautiful new designs in both living spaces and exterior details. But there are also good reasons to consider a resale home as well. We’ll explore the benefits of each so you can determine which suits your needs and goals better.
Brand New Construction Home
The first advantage for new construction is that everything is new, fresh, modern and includes the latest design trends. Appliances and windows will be energy efficient and include all the newest features. Home buyers will also find no need to budget for repairs since everything is new and should include a warranty.
A resale home can offer great value to the home buyers. The home will already have landscaping and upgrades installed, saving out-of-pocket costs. Resale homes also tend to have larger lots in established neighborhoods. Property taxes may also be lower because the infrastructure is already paid for.
Both new construction and resales homes have benefits. If you are in the market for a new home, consider the options in your area and compare real costs and benefits. Knowing the difference can save you money and help you find the right home for your needs and lifestyle.