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New Homes

Freshly created homes have top quality get a handle on standards, newer construction methods, and greater energy efficiency than many older homes. They frequently bring a 1+ year guarantee and good money alternatives. The disadvantage is that while they are simple to enter, it's very hard to market them for a few years (especially when the designer remains in the neighborhood), and the last value is often greater than an older home (although they generally need very little up-front cash, and many contractors will give thousands of dollars of updates and incentives.) The neighborhood will not be founded, there will be very few shade trees like within an older neighborhood, and it'll do have more of a frontier experience. If you like new and bright like a new car, then the clean smell of a new house will soon be your point.

Present Domiciles

They're held by homeowners who would like to sell their homes. They have been professional, and may be better constructed than newer domiciles. Many people just like the fact that they've the history and charm of experiencing been lived in - in fact, many buyers think that a fresh home is "cold" when it hasn't been lived in. Their age presents them respectability, and they are in established areas with high trees and established neighbors and schools. They might be funky/customized with interesting quirks. They're for people who like "established" OR "different." They're easier to market right after you get one. A 1-year warranty is also carryed by many. They might not interest people who like being the initial in a house or who need one built specifically for them.

Which can you like better - New or Existing? People who like you can perhaps not like another, though there are lots of exceptions who like both.

2006, Jon Kresh jump button