ShirlShores627

New Houses

Freshly produced homes have good quality get a grip on requirements, newer design methods, and greater power efficiency than many older homes. They often take a 1+ year guarantee and good money options. The downside is that while they are easy to enter, it's very hard to market them for a few years (especially when the builder remains in the community), and the last cost is often greater than an older home (though they generally need very little up-front cash, and many contractors will give thousands of pounds of updates and incentives.) The neighborhood will not be established, there will be very few shade trees like in an older neighborhood, and it'll have significantly more of a frontier experience. If you like new and shiny like a new car, then a clean scent of a new home will undoubtedly be your thing.

Existing Homes

These are owned by homeowners who would like to sell their houses. They've been seasoned, and might be better made than newer domiciles. Many people such as the fact that they have the history and charm of having been lived in - in fact, several buyers think that a new house is "cold" when it hasn't been lived in. What their age is gives them respectability, and they are in established communities with tall trees and established neighbors and schools. They could be funky/customized with interesting quirks. These are for those who like "established" OR "different." They are much simpler to market soon after you buy one. Many also take a 1-year warranty. They might not appeal to people who like being the initial in a home or who want one designed specifically for them.

Which would you like better - New or Existing? People who like it's possible to maybe not like the other, though there are lots of conditions who like both.

2006, Jon Kresh the link