New vs "Resale" Homes
As you search for your dream home, you'll probably hear a variety of opinions on whether you should purchase a newly built home or a resale home.
There are advantages to both, and your individual needs, not the age of the structure, should be foremost in deciding which is best for you. For a better idea of which type may be more suited to your needs, let's look at the advantages of both new and resale homes.
Why buy a new home?
Perhaps you love the idea that you can be a home's very first owner. Everything is new and shiny, the neighbors are probably also just moving in, and you can customize the floor plan and colors. Buying a new home can be fun and exciting. Here are some other advantages:
- New homes are built with new materials and appliances, so less maintenance is typically required than with resale homes.
- They often possess more safety features and fewer health hazards to conform to today's building codes.
- Many homebuilders offer warranties in case certain problems develop over time.
- The home's major appliances and systems also typically include manufacturers' warranties.
- They typically feature modern architecture and layout such as great rooms, bigger closets, and additional bathrooms, which often replaces the formal dining and/or living rooms of older homes.
- New homes are usually well-insulated due to better windows, more efficient heating and cooling equipment, and greater use of insulation.
- The homes are often made with materials requiring less maintenance, such as aluminum siding, vinyl windows, and pressure-treated wood decks that resist rot and insects.
- They can be easier to customize than resale homes since you can choose many details ranging from floor plans and paint colors to faucets and light fixtures.
- New homes are more apt to be wired with new technologies in mind, such as being pre-wired for multiple phone lines, high-speed Internet connections and extra cable outlets.
Why buy a resale home?
Housing styles have changed with time, and you might favor more traditional layouts and features. Older houses and neighborhoods may have more character and charm. The trees are full-grown, and the neighbors can tell you all about your new hometown. Here are some other advantages:
- Resale homes may provide more opportunities for home improvements.
- They typically have more land than newer properties due to changes in land-use patterns.
- The homes are often in older, more convenient metro areas rather than outlying suburbs.
- You can use the existing home as a base for building a unique property through modernization or expansion.
- Resales tend to be less expensive than new properties and more likely to come complete with items that may cost extra with a new home such as blinds, landscaping, built-ins, etc.
- Depending on the state, resale homes may have lower property tax rates.
- Owners usually aren't required to pay for the local bonds that are sometimes associated with new development, such as for schools, parks, or road or transportation improvements.
- These homes often have more traditional layouts, which may include such areas as formal living and dining rooms.
- Buyers can most likely purchase a larger home for the same money with a resale than with new construction.
- Buyers often have more room for negotiating the price or terms of sale than new homes.
As you can see, both offer significant, but very different advantages. Keep in mind that the real question shouldn't be about whether to buy a new or used home. It's more about finding which individual property will best meet the needs of you and your family.
New Homes
New Construction!!! Charleston style row house located in the historic overlay district of downtown Wilmington. Specifically designed for and approved by the downtown H...
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IMMACULATE 3 bedroom 2 1/2 bath townhouse in the heart of Monkey Junction. Just minutes to downtown or Carolina Beach. This unit is better than new! Screened in back porc...
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Incredible Opportunity to live off picturesque Beasley Road in New Construction Home built by locally owned and operated Premier Homes. The Home Place is nestled amongst ...
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- 2 Baths
- 100200468 MLS
Incredible Opportunity to live off picturesque Beasley Road in New Construction Home built by locally owned and operated Premier Homes. The Home Place is nestled amongst ...
- 3 Beds
- 3 Baths
- 100200461 MLS
Built in 2018 this 2 story move in ready home is located in Rachels Place in Castle Hayne. The 4 bedrooms and 2 full bathrooms are all upstairs. The large master bedroom ...
- 4 Beds
- 3 Baths
- 100200443 MLS
This immaculate 3 bedroom, 2 1/2 bath townhome boasts a lengthy list of features and upgrades including quartz countertops, island workspace, and stainless steel applianc...
- 3 Beds
- 3 Baths
- 100200413 MLS
Under construction with anticipated completion in April. Welcome to the Blue Ridge model by American Homesmith. Walk thru the front door into the dramatic two story foye...
- 4 Beds
- 3 Baths
- 100200384 MLS
Enjoy all the amenities River Bluffs has to offer in this inviting, single-level Garden Home by Premier Homes! The 'Beach Boca 2 Garden' floor plan includes walk-in showe...
- 4 Beds
- 3 Baths
- 100200379 MLS
The Seaspray is a very open floor plan with the master bedroom downstairs. Upstairs there is 3 bedrooms and a small loft area. The upgrades featured in this home are wo...
- 4 Beds
- 3 Baths
- 100200363 MLS
Synonymous with superior quality, this Charter built home is like brand new! A handcrafted - cut glass front door, extensive millwork, hardwood flooring, upgraded lightin...
- 3 Beds
- 3 Baths
- 100200339 MLS
Another quality home by Keith's Custom Homes in a great location close to the Elementary School & the Lake. One level living on pilings with room for at least 4 cars und...
- 3 Beds
- 3 Baths
- 100200320 MLS
Brand New, Move-In Ready. Great beach get-away and investment property. Unit #203, 1-BR / 1-BA. Steps to the beach. We're creating something incredible at the beach, and ...
- 1 Beds
- 1 Baths
- 100200288 MLS
- Towne Place Condominium Bldg.
The popular Davis Floor Plan, 1873 heated square feet plus a double car garage. Four bedrooms, 2 full bathrooms and a powder room. Upgrades include white kitchen cabine...
- 4 Beds
- 3 Baths
- 100200265 MLS
The Lakeview is a single story home with a double car garage, 9 ft. ceilings, 3 bedrooms, and 2 full baths and a covered patio. This is a great floor plan with no wasted...
- 3 Beds
- 2 Baths
- 100200251 MLS
Spectacular brand new home, ready for Summer 2020. Highly desirable location just a few blocks to the beach, and situated on a corner lot with side-entry access. This is...
- 4 Beds
- 4 Baths
- 100200206 MLS
The Chateau plan is truly a unique plan boasting over 2900 SqFt. A beautiful wrap around front porch welcomes you into this home. First floor includes a formal dining roo...
- 4 Beds
- 4 Baths
- 100200102 MLS
The Southport Plan offers one level living. It has over 2300 SqFt. with 3 bedrooms and the laundry room all on the first floor. The master suite has his and her vanities,...
- 3 Beds
- 2 Baths
- 100200089 MLS
The Masters Plan is over 2600 SqFt. With a large open concept kitchen, dining room, and living room area. The master bedroom is located on the first floor with large walk...
- 3 Beds
- 4 Baths
- 100200074 MLS
The Arya welcomes you with a treyed ceiling foyer that opens into the living room and kitchen. The first floor features a formal dining room, breakfast nook, guest bedroo...
- 3 Beds
- 4 Baths
- 100200047 MLS
PROPOSED CONSTRUCTION. 3 Bedrooms, 3 full baths, open floor plan, downstairs master bedroom, huge Lanai / back porch, finished bonus room, optional upgrade to 4th bedro...
- 3 Beds
- 3 Baths
- 100199983 MLS
The hottest new quality built town home with ocean views in Kure Beach. Close to shopping, fine restaurants, entertainment and the pier. There are 4 bedrooms, 4.5 baths...
- 4 Beds
- 5 Baths
- 100199922 MLS
Second Floor Class A Office Suite in Wicker Office Park building in the Ogden/Porters Neck area on Market Street. $550 for 200 square feet, all inclusive (utilities, int...
- 100199919 MLS
You will want to see this gorgeous two story in Belle Meade Village. Built in 2015 this home has it all. It was a formal model so you can expect a lot of upgrades and ...
- 4 Beds
- 4 Baths
- 100199746 MLS
The Sullivan boasts many upgrades as our model home! This plan offers room to spread with main level living & a bonus over the garage which includes a bathroom. The Owne...
- 3 Beds
- 4 Baths
- 100199659 MLS
Fabulous 3 Bedroom, 3.5 Bathroom townhome built in 2015. Two blocks from the ocean, Kure Beach boardwalk, restaurants, community park and the Kure Beach Fishing Pier. Tow...
- 3 Beds
- 4 Baths
- 100199623 MLS
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