There are plenty of reasons to buy a new home over a used home. Often, the more mature landscaping obscures the more significant and pervasive problems of buying someone else's problem. Used homes were generally built to a lesser energy standard (many homes you need to replace all the windows, for example) and with equipment and materials that no longer are considered adequate by either today's home builders or the city. Although the movie "The Money Pit" satirizes the process of getting a "good deal" on an older home, it serves to remind the wary home buyer of the pitfalls of buying an older home and thinking that somehow construction deficiencies can be overcome with "a little elbow grease.
| NEW VS USED | ||
| Floor coverings
| Engineered today to a higher Standard than ever before | Older floor coverings can be worn and need replacement |
| Windows
| Windows today meet much Stricter energy requirements | Mostly don't meet minimal energy standards, many are drafty- greatest source of heat loss from the home |
| Builder warranty
| Builder warranties the home for a year from date of purchase with written warranty provided at closing | Seldom will a seller warranty his/her home they're selling |
| Mnfgr warranties
| A host of equipment warranties are provided when you buy new | Tired, old equipment you get in a used home are worn and generally have no warranty |
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New neighborhood
| A new, fresh appearance is offered yourself and your neighbors | Older neighborhoods may or may not have held up and have been maintained |
| Low maintenance
| Materials used both on the exterior and interior offer many low maintenance benefits | For the most part, when older homes were built, features we take for granted weren't there |
| Get what you want
| With new homes, particularly when bought as a pre-sale, but also if you buy during construction, you can personalize the home. | When you buy a used home, you pretty much get what you see. The seller has limited ability to make changes.
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| WHY BUY NEW REMINDERS:
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Why Buy New