Mike Rock, Granite Bay Luxury New Construction...For Less (Complete Design)

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Rainmaker
1,657,986
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

The age of the home is totally a personal choice.  They both have pros and cons. 

Jul 26, 2015 11:06 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

MIKE ROCK I think it depends on the buyer. Some people like established neighborhoods and others like new construction.

Jul 27, 2015 01:30 AM
Rainmaker
2,759,787
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 Good Monday morning Mike. I'm seeing that same trend in this area. It does drive the cost of properties up.

Jul 26, 2015 06:58 PM
Rainmaker
979,296
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Mike - New will obviously, or should obviously not have any maintenance issues, and would include warranties. However, buying new is typically more expensive, and you often have to purchase window coverings, landscape the yard, paint the interior, etc.

Buying an older home will probably require some maintenance, older everything (a/c unit, water heater, etc), but will be less expensive, and may already have landscaped yard, etc.

Depends if you are talking about a home built in the 1950's or 2013, versus brand new, and depends on how the individual owner has maintained the property (upgrades, updates, remodeling, etc).

Jul 26, 2015 03:47 PM
Rainer
216,904
Sharon Altier
Coldwell Banker Realty - Elmhurst, IL
Luxury Property Specialist, CSC, SFR

The focus would be on the qualify of hte construction.  As John McCormack stated, it is a matter of personal choice.

Jul 26, 2015 11:15 AM
Rainer
150,719
Ed Macias
Real Estate Teammates - Miami, FL
Miami FL-REO Property Management Multifamily

Newer homes less maintenance but depends on neiborhood they want

Jul 26, 2015 10:43 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

New is more energy efficient, stronger and safer. To get it this way you have to pay the price.

Sep 05, 2016 12:13 PM
Ambassador
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Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I've not yet met a client who wants a new build in my entire career.  Different strokes for different folks!

Jul 26, 2015 01:10 PM