New vs. Resale Homes Buy a New Home or a Resale?
Pros and Cons Of Buying New Construction VS a Resale Home
Have you ever been unsure whether to buy a brand-new home or an existing property? It can be difficult to choose and it’s vital to weigh the pros and cons of both options thoroughly. Luckily, evaluating these two choices carefully will help you decide which is best suited for your individual needs. Did you know that although most homes out there are resales, one in four buyers still opts for a new residence instead? So, what should YOU go with: pre-existing or newly constructed?
Ultimately, the decision is yours to make. Both options - resales and new homes - come with their own set of advantages. Our special report identifies 10 Ways New Home Buyers Can Benefit which helps uncover all those hidden gems that many builders are hesitant to divulge unless you inquire about them first. Read this complimentary document today and find out what major considerations will influence your choice between buying a new or used home!
The Advantages of Buying an Existing Home
There are numerous benefits to buying an existing home, from saving time and money on finding your dream property, to the ease of moving in with minimal design or renovation projects. With many established homes already boasting features such as custom landscaping and mature trees, you will get a head start on enjoying your new surroundings! Additionally, existing homeowners may have already completed costly projects like rewiring for today's technology needs or updating insulation - giving you peace of mind that comes along with making a sound investment choice without feeling overwhelmed by surprise costs post-purchase.
With a resale home, you can enjoy numerous benefits such as cost savings on average compared to new constructions, faster closing times, the safety of an established neighborhood, and lovely surrounds with existing landscaping. Additionally, many people appreciate older homes that were constructed more solidly in years past. If this sounds appealing to you then purchasing a resale property could be ideal for your needs!
An existing home can offer unparalleled insight that a new construction simply cannot match. After the inspection is complete, you benefit from unprecedented clarity regarding what type of investment you're making. Additionally, speaking to the previous owner presents an opportunity to obtain important information concerning energy costs, crime in the area and school ratings - all details not readily available if opting for newly-constructed premises.
CON: Despite the fact that a pre-existing home may be deemed "good" by an inspector, you must still beware of potential problems and repairs. After all, warranties are only applicable for so long; any repair costs incurred thereafter will come straight out of your pocket.
The Advantages of Buying New Construction
A brand new home is a desirable option for many, providing novel ways of utilizing space, energy efficiency that's up-to-date, the availability to select from options and upgrades as well one could desire, and also peace of mind knowing that all features are covered under warranty.
The selection of new home options is abundant, including various sizes and models to choose from. This means the possibility of obtaining a floor plan tailored specifically to your needs - whether that's a larger master bedroom or an additional guest suite. Plus, you can often select from custom features such as eco-friendly appliances, hardwood floors and more.
If you are seeking the most convenient option available, then a newly constructed home may be perfect for you. Less time is spent searching for your ideal property, since many new developments offer model homes that can be purchased and tailored to your individual needs. And with builders offering incentives like closing cost assistance or upgrades, it's easy to see why this might be a tempting offer.
CON: The downside with purchasing new construction is that you must plan to spend money up front. If upgrades are desired, you will need to pay out of pocket for any additional features or amenities not included in the proposed plan. Additionally, although major structural issues will likely be covered under warranty, should an issue arise due to shoddy workmanship, you may be left footing the bill.
Instead of taking the time to craft a quality, lasting home with attention to detail, many developers today are rushing through construction in an effort to increase their profit margins. As a result, these homes often all appear exactly alike and use inferior materials that decrease long-term value. You could ask your builder how they constructed the house and what type of materials were used - but why not arm yourself ahead of time? Our report will provide you with everything you need so that when it comes down to making the final decision on purchasing a new property or building from scratch - you'll have peace of mind knowing which option is best for you!
Love Your New Home or We'll Resell It and Not Charge You Our Fee!
When you work with Your Home Sold Guaranteed Realty - The Watson Group, we guarantee that as a buyer, you will love your new home. But in the unlikely event that something doesn't quite meet your expectations, don't worry – our promise to you is written and clear; if for some reason you are not satisfied with your purchase, We'll Resell It and Not Charge You Our Fee! - Guaranteed!*
Have questions or concerns about whether to purchase a newly constructed home versus one that is pre-owned? Call us at 720-463-0002 to uncover the answers and how our guarantee will safeguard you. Furthermore, fill out the below form for further details!