New
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Pre-Owned
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| New homes tend to be built in accordance with the latest building codes and safety regulations. (U.S. News) |
Inspections could surface structural, electric, water and other significant issues. These inspections also could surface out-of-code violations. (U.S. News) |
| New homes are often times built with new technologies, energy efficient standards and building practices. This, in-turn, may give you a much safer and efficient home. (U.S. News) |
The design of the home and amenities may not match your personality and you could be limited in customization options. (Mullins) |
| New homes may offer you the opportunity to customize the home to match your personality. (Mullins) |
Final repairs and renovation costs could exceed your initial budget. |
| A brand-new home should not require the amount of upgrades and maintenance that a pre-owned home may need in order to comfortably move in and maintain. (i.e. painting, repairs, missing appliances, etc...) (Mullins) |
Pre-owned home appliances, cooling/heating units and water heaters could be outdated and may need replacing before, or soon after, move-in. |
| Once the build is complete and the move-in date has been set, your new home is ready for you to move-in immediately and comfortably. |
Once the sale is complete, repairs and renovation could be required before you move-in to a pre-owned home. (Mullins) |
| Buying a new home allows you to start with a clean slate. The garage is empty, the kitchen is new, and the backyard offers a chance for you to design around your way-of-life with new trees, gardens, playground, etc... (NAHB) |
The maintenance on a pre-owned home can be more imminent. You may end up with a never ending list of tasks to bring the house up to your standards. |
| New homes generally come with warranties. (U.S. News) |
Pre-owned homes usually do not come with an extensive and reliable warranty. (U.S. News) |