Buying An Old House vs New House

Should you buy a newly built house or one that has been previously lived in? Check out the advantages of both in this new video:

 

 

There is no doubt that the financial benefits of selling a house are excellent today. If you’re ready to make a move, now is a wonderful time to list. Yet, if you do sell your home right now, you may be wondering where you will live when you relocate.

With so few properties on the market right now, you may be thinking about building a new home as one of your possibilities. Yet, you may wonder if it is your best option. Let’s weigh the advantages of buying a new house against buying an existing one, and why engaging with a real estate agent throughout the process is crucial to your success no matter what you choose.

The Benefits of Freshly Constructed Houses

First, consider the advantages of owning a newly built home. You’ll be able to do the following with a brand-new home:

1. Make Your Dream House A Reality – When you build a house from the ground up, you can choose the specific desired features, such as appliances, finishes, landscaping, layout, and more.

2. The Latest In Energy Efficiency – You can choose energy-efficient options when designing a home to help minimize your electricity expenses, protect the environment, and reduce your carbon footprint.

3. Reduce The Need For Repairs & Updates – All home builders provide warranties, giving you peace of mind that your new home should be trouble free for years to come. You will also have fewer small or large projects to complete. QuickenLoans puts it this way:

Buying a new construction vs. existing home typically means you’ll have fewer repairs to do. It can be a huge relief to know that it’s unlikely you’ll have to repair the roof or replace the furnace.

4. Everything Is Brand New – Another advantage of a new home is that nothing in it is used. Everything is completely new and distinctively yours from the start.

The Benefits of Existing Houses

Let’s compare that to the benefits of purchasing an existing property. You can do the following with an existing home:

1. Find A Wider Range Of Home Types & Floorplans – You’ll have a more comprehensive selection of floorplans and designs to choose from with decades of homes to choose from.

2. Join A Well Established Community – Existing homes allow you to get to know the neighborhood, community, or traffic patterns before making a commitment.

3. Established Landscaping And Older Mature Trees – Established neighborhoods also feature better-developed landscaping and trees, which can provide you with more seclusion and curb appeal. According to Investopedia, if you buy an existing home:

Odds are, too, that the home will have mature landscaping, so you won’t have to worry about starting a lawn, planting shrubs, and waiting for trees to grow.

4. Enjoy That Lived In Charm – The character of older dwellings is challenging to replicate. You may select an existing home if you value timeless craftsmanship or design characteristics. According to the website Houseopedia:

Charm is priceless. Existing homes, especially those built in the 1950’s or before, often offer architectural elements, historic charm and a quality of craftsmanship not available in new homes.

You do have options. When you begin your search for the ideal home, keep in mind that you can go either way; you simply need to pick which features and benefits are the most essential to you. Partnering with your trusted real estate expert and agent will help you make the most informed and educated decision possible, allowing you to move into the home of your dreams.

Summing It Up

If you have any questions about the alternatives in your area, let’s talk about what’s available and what’s best for you so you can confidently make your next move. Just visit CompleteRealtyTeam.com to contact us by email or give us a call at 404-410-6465 anytime.

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