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
Beautiful 3bedroom 2 full bath home located in the desirable neighborhood of Covington located just south of Monkey Junction. Hardie Plank exterior with 2 car garage, ba...
- 3 Beds
- 2 Baths
- 100266256 MLS
McKee Homes introduces the three-bedroom, three-bath Portico 2020 Bungalow cottage-style floorplan with an open-living layout. The state-of-the-art kitchen with massive, ...
- 3 Beds
- 3 Baths
- 100266226 MLS
McKee Homes presents the three-bedroom, three-bath Promenade 2019 Bungalow floor plan with cottage-style design. The open-living layout with ample living space, wide inte...
- 3 Beds
- 3 Baths
- 100266220 MLS
McKee Homes presents the two-bedroom, two-bath Promenade 2020 Classic floor plan with cottage-style design. The open-living layout with ample living space, wide interior ...
- 2 Beds
- 2 Baths
- 100266199 MLS
Built with a low maintenance Craftsman style exterior, The Glenville boasts hardwood floors, beautiful granite counters, stainless appliances, 3 car garage and a wide ope...
- 4 Beds
- 3 Baths
- 100266069 MLS
VIEWS VIEWS VIEWSViews looking north and east at the ICWW, Snow's Cut even the ocean. This beautiful new 4 story Townhome has 4 bedrooms and 5 1/2 baths 5th bedroom roo...
- 4 Beds
- 5 Baths
- 100266022 MLS
This new construction home is gorgeous and built by Talbert Construction. It has views of Myrtle Grove Sounds and only a few blocks to the beach. Features include 3 bed...
- 3 Beds
- 4 Baths
- 100266007 MLS
Estimated completion 7/1/21. Outdoor shower head near back. Ground floor will be LVP, with tiled tub surround in shared bath. Upstairs, including the stairwell, will b...
- 3 Beds
- 3 Baths
- 100265753 MLS
Estimated completion 7/1/21. Outdoor shower head near back. Ground floor will be LVP, with tiled tub surround in shared bath. Upstairs, including the stairwell, will b...
- 3 Beds
- 3 Baths
- 100265752 MLS
Terrific brand new townhome (Unit#1 - North Side). Super location on a street with newer homes. Front of home is East facing! Walk or bike to the beach and close to the I...
- 3 Beds
- 3 Baths
- 100265729 MLS
Foundation being poured Mid April 2021. Estimated completion Aug/Sept 2021.Offered for sale is this 3,192 square foot new construction 4 bedroom, 4.5 bathroom home on a ....
- 4 Beds
- 5 Baths
- 100265625 MLS
This beautiful sky-blue home is available now in the highly coveted and premier River Lights community. This three-story home features 3 bedrooms and 3 and a half baths w...
- 3 Beds
- 4 Baths
- 100265409 MLS
No need to worry about yard space or room for your pets. This home sits on a double lot in the heartbeat of Downtown Wilmington. Be prepared to be amazed the moment you e...
- 3 Beds
- 3 Baths
- 100264450 MLS
A custom build by Blanton Building awaits on this gorgeous oversized corner lot. Inside boasts an open floor plan, trey ceilings, and 3 bedrooms on the first floor includ...
- 5 Beds
- 5 Baths
- 100265163 MLS
The ''Wrightsville'' is an open concept ranch style plan. Covered front and rear porches and 2 car garage. The entrance of this home opens to a foyer with and leads to a ...
- 3 Beds
- 2 Baths
- 100265093 MLS
New neighborhood just starting construction in an amazing location and nice size homesites for the price range for new construction in Wilmington. The ''Jordan'' plan ele...
- 4 Beds
- 3 Baths
- 100265090 MLS
Check out this practically NEW home in Middle Sound Village. If your looking for low maintenance living, move in ready, and one of the best lot locations tucked in the ba...
- 3 Beds
- 4 Baths
- 100264555 MLS
New construction home in historic downtown Wilmington! Located in the Castle Street Arts and Antique District this home is within walking distance to restaurants, breweri...
- 3 Beds
- 3 Baths
- 100264992 MLS
A custom build by Blanton Building awaits on this gorgeous oversized corner lot. Inside you will be greeted with an open floor plan, the master suite on the first floor a...
- 6 Beds
- 5 Baths
- 100264971 MLS
This NOIR COAST Model, featuring 2 Bedrooms, 2 Full Baths, with a Custom Pergola covering the patio! Kitchen has Granite Counter Tops & Matching Appliances. Why not enjoy...
- 2 Beds
- 2 Baths
- 100264950 MLS
One of the LAST remaining opportunities to live in the popular Marina Village at Riverlights.Brand new construction with amazing marsh views in the fully amenitized commu...
- 3 Beds
- 4 Baths
- 100264810 MLS
Quite possibly the perfect floor plan. This highly efficient proposed construction plan is ideal for a wide range of buyers. This 2900 sq ft semi custom built home by R...
- 4 Beds
- 4 Baths
- 100264697 MLS
WOW beautiful 4 story townhome ! New Construction. Estimated completion June 30 2021! Beautiful custom finishes, 9' ceilings. Vaulted ceiling in living room with over s...
- 5 Beds
- 5 Baths
- 100264616 MLS
The Outrigger Plan by T.O.O. Construction Company. 3 bedrooms, 2.5 baths with a large one car garage and a covered front porch. Reverse floor plan with garage, 2 bedrooms...
- 3 Beds
- 3 Baths
- 100264472 MLS
The Outrigger Plan by T.O.O. Construction Company. 3 bedrooms, 2.5 baths with a large one car garage and a covered front porch. Reverse floor plan with garage, 2 bedrooms...
- 3 Beds
- 3 Baths
- 100264470 MLS
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