One of the first major decisions in the home buying process is whether to buy new construction or an existing home. Let’s take a look at each option.
Newly built homes feature trendy designs that can be customized to your needs. They also offer modern heating, cooling, plumbing and electrical systems. This means less maintenance, better energy efficiency and perhaps even a builder’s warranty. New homes are clean and untouched with no major issues, meaning they are move-in ready.
However, existing homes offer their own range of advantages. They usually cost less than new construction and are in established neighborhoods and school districts. They also typically have mature landscaping and other improvements like driveways already in place. Many people prefer the charm and character of older homes. Older homes are also more likely to be located closer to public transportation and shopping.
In the end, your choice is a personal and emotional decision, but seek the advice of your REALTOR® to help you finalize your decision.
