Pros of New Construction Homes:
Floor Plans & Customization- When you work with the builder on a new home, you can plan the layout you want. The details can all be customized to meet your design taste, which means you truly can move in when it is ready and never lift a finger!
Efficiency – Brand new appliances, a new roof, and windows will make your house extremely efficient when it comes to energy and power consumption. In addition, insulation that is more efficient helps to create cozy homes that are less expensive to heat and cool than older models. What does that mean for you? Lower utility bills!
Maintenance – That shiny, new house you just bought will not need much maintenance because everything is, well, new! This means you will save money in the first few years of living there, which is great. You should not have any issues with high-cost items many older homes need.
Timeline – If you are building new, you have plenty of time to work with the builder and watch the construction. This means your timeline is not rushed and you do not need to outbid other buyers or move quickly to close. You can breathe, and enjoy the home-buying process!
Pros of Older Homes:
Character & Charm – Older houses are chock-full of interesting details and architecture that adds character. From built-ins to arched doorways, this type of charm is not usually found in new construction homes. Unless you ask for it – and that’s an upgrade!
Larger Yard – Back in the day, houses were sold on bigger pieces of land. The older homes tend to have roomier yards and more privacy. You might actually have to walk to your neighbor’s house rather than crawl through their window (I have really seen houses this close!).
Established Neighborhoods – Many new construction neighborhoods are exactly that – new! So you have no idea what that neighborhood will look like when it is complete, nor do you have any idea who your neighbors will be. Older homes in older neighborhoods come with memories and stories, and neighbors who might be willing to share them, or a “Welcome to the neighborhood” pie!
Landscaping – If you buy a house that has been around for at least 10 years, chances are that the landscaping is already well established. You may have to do some work, but you will have grass and greenery planted. New construction homes generally start from scratch, so you might be looking at a nice dirt lawn for the first year, or so! And landscaping costs can grow exponentially in the blink of an eye – or the swipe of a credit card!
The Flip Side..
- Older homes require more maintenance, which could put you way over budget. (We all know how that goes on “Love It, or List It!”)
- New construction must be monitored from start to finish so that you are satisfied with the job and it gets done according to your expectations. This can be a major headache.
- Older homes tend to be tricky when it comes to inspections, as some of the big-ticket items that need fixing are not always immediately apparent. You know exactly what you are getting with a new home, at least for the first year.
- Newer homes are more expensive, generally, so your budget might not cover everything you want.
Contact C&C Realty today and we can help you find it!