EcclesErdman511
New Houses
Recently constructed homes have good quality get a handle on standards, newer building practices, and better energy efficiency than many older homes. They often carry a 1+ year warranty and good money options. The downside is that while they are easy to get into, it's very hard to sell them for a few years (particularly if the creator continues to be in the subdivision), and the final cost is often greater than an older house (though they often require very little up-front cash, and many builders will give thousands of dollars of updates and incentives.) The neighborhood will not be established, there will be very few shade trees like within an older neighborhood, and it will have more of a frontier feel. Then a clean scent of a new house is going to be your point, If you like new and bright like a new car.
Existing Homes
These are held by homeowners who wish to sell their homes. They have been professional, and could be better constructed than newer houses. Many people just like the fact that they have the history and charm of experiencing been lived in - in fact, several buyers think that a new house is "cold" if it hasn't been lived in. What their age is presents respectability to them, and they are in established neighborhoods with large trees and established neighbors and schools. They might be funky/customized with interesting quirks. These are for those who like "established" OR "different." They are much easier to market right after you get one. A 1-year warranty is also carryed by many. They could not interest people who like being the first in a property or who need one designed especially for them.
Which would you like better - New or Existing? People who like you can maybe not like the other, although there are numerous conditions who like both.
2006, Jon Kresh image