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Choosing
between a new and existing home
Morris
Digital Works Wire Service
New
homes generally come with steeper price tags, but offer more amenities.
A home can be built to suit the wants of the buyer. Better lumber,
more energy-efficient appliances and improved insulation can be
advantages for new home buyers.
New
homes also require less maintenance. Homes are becoming increasingly
wired for technology, including multiple phone lines and more
advanced electrical wiring.
Buyers
should expect to pay a minimum of $90,000 for a new home
in the Harvey County area.
Some question marks associated with a new-home purchase can be
cleared with an existing home.
For a home buyer putting costs over conveniences, purchasing an
older home is an option. Existing homes often relieve the buyer
of purchasing appliances, such as refrigerators and microwaves,
which often are left behind by the previous owner.
Landscaping and established yards are another plus for an existing
home. In an established neighborhood, home buyers can also meet
their would-be neighbors. The character of an existing neighborhood
often differs from that of a new development area.
Inquiring into schools, police presence and other aspects of living
in a neighborhood also are possible in an established neighborhood.
Existing homes often come with lower price tags because the buyer
is paying past prices for labor and building materials. More negotiation
in price also accompanies an older home.
Being
the first one to own something is nice, as opposed to knowing
that someone has already lived in the house.
The choice is yours...take personal preferences into account and
examine the perks associated with both options.
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Lenders
and Brokers are Equal Housing Opportunity participants.
The
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"endorsed" by the participating real estate professionals.
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