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Buying New Construction Vs. Resale Homes

Posted by Prenner Group on Tuesday, July 5th, 2016 at 11:52am.

When purchasing a home — particularly in a rapidly developing area like Broward County — buyers often come face-to-face with the dilemma of investing in a new construction property or opting for a more established resale home. Each choice has its own list of pros and cons, and the "right" decision ultimately comes down to the buyer, their preferences, and their situation. If you're not sure where you stand, take a look at our list of reasons you should buy a resale home and reasons you should consider new construction!

Reasons To Buy A Resale Home

There (Can Be) Less To Think About

When purchasing a new construction home, buyers have a lot to think about, particularly if the house is yet to be built. From selecting a design and a reputable builder to wondering if everything will turn out the way you hope, creating a home from the ground up can be a truly stressful process. Usually, things turn out better than expected — but that doesn't mean you're going to worry any less. With a resale home, your work is cut out for you. Yes, there may be more to inspect, but don't be fooled: having a newly built home inspected is just as important as having an older one looked at.

The Landscaping Is Often Exceptional

One advantage to purchasing an established home is that the landscaping has had time to mature. Large, stately trees add shade and privacy, while well-cultivated shrubbery and gardens boost curb appeal. Not only will new owners find this leafy ambiance enjoyable, but this type of curb appeal plays a major role in home value — after all, it is the home's "first impression". Endless charm brought on by mature landscaping is supplemented by the fact that these older homes can quite often have more outdoor space and larger lots when compared to new homes.

Established Neighborhood, Established Reputation

One great thing about buying an established home is that the neighborhood it is in has been around long enough to have built up a reputation. These neighborhoods often have a wealth of information available about them, from statistics to reports from those who have lived in it and facts about its role in the city's culture and history. You can see whether residents tend to live in the neighborhood for long periods of time or if they tend to leave quickly.

 

Higher Convenience

Established homes can often be more conveniently located than brand new subdivisions. With the exception of buildings that don't take up much surface area — for example, high-rise condo towers — new communities often have to be designated to the outskirts of town or to areas with lots of space, near airports, up-and-coming districts, and regions with less infrastructure. As a result, they are often less walkable and require a car to get around with ease.


Reasons To Buy A New Home

Community Planning & Amenities

New communities are often master-planned and designed around new ideas of urban planning and strategic layout, created to maximize the communal living experience. Beautiful greenbelts or waterways, high-quality shared amenities, and community support add a layer of all-inclusive convenience that can make up for the sometimes distinct location of these neighborhoods.

 

Energy Efficiency

Green homes and eco-friendly construction benefit both the environment and the homeowner themselves. They allow homeowners to conserve on energy expenditures, utilize cutting-edge technology, and often feature the most strikingly stylish appliances. In addition, green homes often go hand-in-hand with contemporary luxury living and higher indoor air quality. Automatically, brand new homes often feature better insulation and higher-tech heating and cooling systems.

Modern Finishes, Right Off The Bat

Without upgrades, your new construction home will likely feature gorgeous modern finishes and open-concept interior planning that allows it to feel exceptionally airy and spacious. Sleek modern touches, minimalistic aesthetics, and the finest, most efficient, and most hygienic materials are already part of the sparkling package.

 

Safety & Cleanliness

Brand new homes can have less safety and health hazards such as mold, lead, asbestos, and mildew. State-of-the-art electric systems, modern appliances, and high performance windows evaporate many of the concerns that buyers of older homes have to consider.

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