03 Jun Should you Buy a Resale or a New-Build?
If you’re thinking about buying a new home, you may be considering
purchasing in a new development.
How does that compare to purchasing a resale property?
Buying a newly-built home has some advantages. Depending on the
development, you may have leeway in the style of the home and the lot you
choose. Also, when the home is built, you’ll be moving into a place where
everything is brand new!
On the downside, however, you may be forced to make a decision based
purely on marketing brochures and floor plans. Unless there’s a model home
just like the one you want, you’ll be buying sight unseen. Also, there may be
unpredictable construction delays — an unpleasant experience if you’ve
already sold your current property.
Of course, buying a resale home may also have a downside. For example,
the house might need work, such as a new roof. What you see is pretty much
what you get. And, that’s true for the floor plan too. You can’t ask for the living
room to be five feet wider, unless you decide to renovate.
On the other hand, a big advantage of a resale home is moving into a
neighbourhood that is already there for you to see and explore. Unlike in a
new development, you can get a very clear idea of what it’s going to be like to
live there.
Plus, you get to see the house too!
Regardless of which way you go, I can help you make the best decision and
find the home that’s perfect for you. Call today.