New Homes vs. Resale Which is Right for You

Are you in the market for a new home? With the economy improving, more and more people are beginning to get back into the real estate market and the options are vast. If a home is in your thoughts, the next question you'll have to ask is yourself is whether you'll want a new home or a resale? This can come down to a preference based on lifestyle, taste, finances and other important features to a new home owner, including environmentally sound and how it fits ones family.

Here are helpful tips to figure out if a new home or a resale are the right fit for you:

New Home

  • Design Flexibility
    • When you buy a new home, a lot of the time you'll be able to have a say in final design. Talking with the builder about how much storage you'd like or the colors throughout the home are possible.
  • Environment
    • New homes are much more environmentally sound than older homes. That's thanks to energy saving installation, windows and several other features that will help you cut down your emissions.
  • Replacement Cost
    • If something is to break or go wrong, finding the replacements will be easy and much cheaper than those of an older, outdated home.
  • Safety
    • Thanks to the materials used and up to date codes, newer homes are almost always safer than an older home.
  • Resale Value
    • All of the reasons above make for why new homes have a higher resale value.

Resale

  • Character
    • Most new homes have a cookie cutter feel to them. An older home gives you that originality and character plenty of buyers want.
  • Location
    • Eclectic, historic neighborhoods are where you'll normally find older homes. You'll not only have a diverse neighborhood but will normally be around some great hometown favorites.
  • Cost
    • Older homes normally go for much cheaper than new homes. That's partially because of necessary renovations but the money you'll save will allow you to customize the home.
  • Availability
    • If you choose an older home, you likely won't have to wait long to move in. Outside of renovations, these homes are ready to go right way.
  • Investment
    • The limited supply of older homes means that you'll possibly be able to resell the home later on for a nice gain.

If you're in the market for a new home in the Metro Detroit area, make sure to contact Windmill Homes today. Our professionals will help you find the perfect fit for you and your lifestyle for any new construction homes. Give us a call! 

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