We must admit, as a home builder, we’re a bit biased. But in this post, we’re attempting to give you a deeper look into this decision. Especially if you’re thinking they are not all that different by comparison.
Whether you are moving to a new area or are a first-time homebuyer, knowing whether buying a new home for sale versus an existing resale home is not always obvious or easy. For some, the clean lines, modern designs, perfect layouts, and the ability to have a say in part of the design process are more than enough reason to look for new homes for sale. For others, the old character and charm of an existing home for resale may just be what they have always wanted in a home.
The home buying process is never really a walk in the park. To help you decide and make an informed decision about your next home purchase, we’ve compiled some of the most essential factors to consider when comparing resale and new home homes for sale.
Purchasing a Used Home For Sale
One of the best things about looking at resale homes during your home-buying quest is that you’ll be able to see the layout, size of the rooms, and see the character of the house. For many people, the charm of an older house is the old-style architecture, period features, and the opportunity to live in a well-established, family-friendly neighborhood.
However, there is much more to a resale home than what you actually see. What you won’t see when you view the house is what issues lie inside the walls, underneath the home, and other unseen areas. There are many factors you may want to consider before purchasing a resale home. Some questions to think about include:
- What will annual maintenance costs look like?
- When was the home built?
- Is all the wiring and electrical up to today’s code requirements?
- Were there any unpermitted additions or renovations?
- What sort of repairs will need to be made?
- How old are the appliances, water heater, and furnace?
- Does the home have a good energy-efficiency rating?
Keep in mind, many existing homes will need some type of work done. Typically, the older they are, the more work they will need to be done. Some home buyers look for homes that they can renovate, which in that case, remodeling costs will need to be taken into consideration. Even those planning to live in the house first before renovating still need to factor in all of the associated costs of a renovation into the purchase price.
Purchasing a Brand New Home For Sale
When you buy a brand new home, you get the immediate gratification of enjoying your space rather than having to worry about any existing issues or repairs that need to be addressed. Brand new homes are just that — brand-spankin’ new. They are untouched, clean, everything is in good working order, and nothing needs to be repaired. Not having to worry about the typical costs of homeownership for the first several years like you would with a resale home is a pretty huge incentive — don’t you agree? Not to mention, you cannot beat that ‘new home smell’.
Another large factor that comes into play is that new homes are often are equipped with all the latest amenities that many homebuyers look for. Stainless steel appliances and natural stone countertops are no longer all of the rage — today’s new homes for sale come with all sorts of amenities, including modern floor plans, energy-saving windows, smart and efficient appliances, USB outlets, and more! Aesthetics aside, many of these amenities can actually save homebuyers money on utility costs each year.
Determining whether buying an existing or new home for sale ultimately comes down to your personal preference, lifestyle, and budget. Whether you’re a first-time buyer looking for starter homes, a retiree looking to downsize, or someone with a small family that is interested in buying a single-family home for your family, brand new homes are almost always the easier choice. Of course, you can always reach out to a real estate agent or a home builder to further explore which choice is best for you.
Check Out Our Brand New Houses For Sale in Billings, MT
At McCall Homes, we have all sorts of solutions for homeowners that are searching for homes for sale in Billings, MT. Annafeld — one of the newest neighborhoods in Billings! It is home to a wide selection of single-family homes. Whatever you are looking for in a home, we have something for everyone with our selection of floor plans, lot sizes, and architectural styles. Our brand new homes come loaded with amenities, including an energy-efficient HVAC system, Energy Star Whirlpool Appliances, tankless water heater, Owens Corning Comfort-Built insulation package, and a 10-year warranty, to name a few.
If you are searching for new houses for sale in Billings, make sure to check out what our homes have to offer. To learn more information or to schedule a tour, contact us today at 406-998-1889!