If you’ve been searching for a new place to live for a while you’ve probably asked yourself that question. In the sense that both choices provide you with shelter for your family there isn’t any difference. Each one is still a house, after all. Whether you buy new or used is mostly a matter of personal priorities. Here are the basic differences you’ll find when you compare new homes to pre-owned.
1. Price: new home prices start in the $140’s. If this is your first home purchase you may find that a bit steep.
2. Size: like everything else, it costs more to build a new house today than it did just last year. If you’re shopping with a budget you’ll find older homes will be larger.
3. Amenities: new homes have the advantage of offering all the newest technologies and extras.
4. Condition: older homes will have some “wear and tear”. As long as it’s not excessive and the current owners have kept up the maintenance, this isn’t really an issue.
You get the idea. It’s important to sit down and determine what is more important to you. New will be smaller, old will be larger. The best idea is to ask your agent to help you look at both. As you do your research you’ll begin to see the differences for yourself.
An important thing to remember is that your Real Estate agent is able to show you any property you want to see, whether it is new or used. New home builders have the same arrangement with agents that individual owners/sellers have. Chances are good that your agent already has professional experience with the builder you are researching. You can take advantage of that relationship to learn things about the builder’s reputation that you won’t find on Yelp.
And best of all, it doesn’t cost you anything. The seller, whether it’s an individual or a builder, will pay your agent’s commission. If you are ready to start your home search call me at 918-809-5199 and let’s get started!