Resale vs. New Construction: Which Home Is Best for You?
Before choosing a new construction or resale home, weigh the pros and cons.
If you’ve been thinking about buying a home, you may be debating whether to choose a resale property or a new construction house. There are pros and cons for each, so today we’ll be going over the different things you should keep in mind when choosing.
First off, the biggest benefit of new construction is that you get to pick exactly what you want. You’re given a variety of different options, and figuring out the ones you like most is an incredibly fun part of buying a new construction property. On top of this, every part of the home is brand new, including floors, walls, appliances, heating and cooling systems, and anything else you can think of. Because everything is built from the ground up, you even get to see the progress of your home’s creation.
"Unfortunately, Washington D.C. is somewhat lacking when it comes to new construction homes."
There are also many benefits to buying a resale home. These properties are move-in ready, so you won’t have to wait for an entire building to be constructed before being able to live in your new home. Even though these homes are already built, you can still make upgrades and changes to make it your own. When viewing resale homes, you also get to see it for what it is instead of wondering how it’ll look when it’s ready. The surrounding neighborhoods are also already established, so you won’t need to worry about how things will look in the future.
Unfortunately, Washington D.C. is somewhat lacking when it comes to new construction homes. Due to this, you’ll likely be paying a premium price if you choose to purchase one. For the most part, you’ll need to look outside of the D.C. area for new property developments.
If you have any questions about new construction or resale homes, feel free to reach out to me. I look forward to hearing from you soon.