Resale vs. New Construction Homes

Thinking about moving? You may be asking yourself if you should buy a resale home or invest in new construction. This is a common dilemma, and while there are pros and cons to both, one may fit your lifestyle better than the other.

Here are some benefits of both resale and new construction to hopefully make your decision a little easier!

Advantages of Buying a Resale Home

Charm

Older homes have a certain charm you just aren’t going to find in a new construction home. Are you imagining those original hardwood floors? Sitting by an old brick fireplace and drinking a cup of coffee in the morning?

Though new construction homes can be customizable, there is just a different feel to resale homes. They have a certain charm to them, and resale homes hold history from an earlier time. Not only this, but older homes will also allow you to channel your inner Chip and Joanna Gaines if you fancy fixer uppers.

Established Neighborhood

Another advantage to buying a resale home is that the neighborhood has already been established. The feel of driving past tree-lined roads and passing familiar homes on your way home can be comforting to some.

Mature Landscaping

Mature landscaping is something else you won’t find with a new construction home. The shade, privacy, and aesthetic that large trees and other landscaping can provide is soothing during the summer and can also protect against harsh weather.

Negotiable Price

Unlike a new construction home, the price of resale homes can be negotiable. You can work with the current homeowner to negotiate closing costs and more. New construction homes typically have a base price for your chosen floor plan, and anything added to or customized on that floor plan only adds to that price tag.

Advantages of Buying a New Construction Homes

Smart Technology

New construction homes are often going to be built with the latest technology. What does this mean? Well, for one, your home will often be more energy efficient than a resale home. Not only this, but your home is also likely to have more outlets than an older home, which can be extremely beneficial for those working from home. It offers plenty of charging efficiency for laptops, iPads, and other devices. Say goodbye to buying extremely long charging cords to reach your favorite spot on the couch!

Everything Is New

Since your home will be built with all new appliances, you will not have to worry about costly repairs that may present themselves in a resale home due to normal wear and tear. You will have an all-new HVAC, plumbing, and electrical system. Of course, things can still go wrong, but the likelihood of you having issues in the near future will be far less than if you were to buy an older home.

Personalization

This is a big benefit! If you buy your home early enough, then you can often work with the builder and choose the custom finishes and touches you want in your home. New construction homes will already offer modern touches such as an open floor plan, a master bedroom on the main level, a large master bath, and more, but you could have a say on paint colors, backsplash, countertops, and other choices.

Amenities

Many times, new construction homes are going to offer many new amenities to appeal to the developing community. These may include a community swimming pool, more walking trails, parks, or tennis courts.

Either way, there are pros and cons to both resale and new construction homes. To find out what best suits your lifestyle, you may want to take into consideration some of the points mentioned above. Contact a real estate agent and tell them your wish list — these experts are here to help you navigate the resale vs. new construction world! Purchasing a home is a big deal, but whatever you choose, you want your home to feel like YOU.

 

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