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

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$337,000

1404 Marsh Cove Lane, Wilmington

New home built in a serene marsh-front setting in the popular Myrtle Grove area. Situated on over half an acre, the elevated main floor of this 2,136 sqft house boasts a ...

  • Beds3
  • Baths2
  • MLS100101402

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$327,065

3636 Old Sand Mine Drive, Wilmington

Beautiful Taft Street floor plan in Del Webb Wilmington. Del Webb is #1 in an age restricted community. This home has an open floor plan with 2 bedrooms, office and a spe...

  • Beds2
  • Baths2
  • MLS100101378

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$331,340

421 Deveraux Drive, Wilmington

The Taft Street lends itself to entertaining. Enjoy a warm gathering room, cozy den, and kitchen. Within Del Webb Wilmington, residents will enjoy activities and amenitie...

  • Beds2
  • Baths2
  • MLS100101368

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$321,000

525 Lyrebird Avenue, Wilmington

Rare opportunity to own this like new, less than one year old, home in Del Webb, Wilmington's premier active adult age 55 or better. Enjoy the private Del Webb amenities...

  • Beds2
  • Baths2
  • MLS100101338

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$1,390,000

2530 Royal Palm Lane, Wilmington

Kids play in the fenced yard while you sit on the porch watching paddle boarders & jet skis pass by on Hewletts Creek. The sky turns pink & wildlife softly settles in for...

  • Beds5
  • Baths5
  • MLS100101309

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$319,000

4334 Terrington Drive, Wilmington

The popular Elie floor plan with a two car garage! Under construction and ready in late April 2018. Master bedroom is downstairs, open floor plan for entertaining and a t...

  • Beds3
  • Baths3
  • MLS100101292

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$296,017

4816 Barrows Creek Lane, Wilmington

If you are looking for a home with a truly private, spacious first floor master retreat then the Sylvester plan is perfect for you. This ally load plan offers 4 bedroom, ...

  • Beds4
  • Baths3
  • MLS100101190

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$330,000

2018 Metts Avenue, Wilmington

Custom built in 2015, this home is an amazing opportunity in the charming neighborhood of Carolina Place. Open floor plan with downstairs master. Abundant high-end feat...

  • Beds3
  • Baths3
  • MLS100100420

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$342,890

644 Folsum, Wilmington

Taft 1 Srory Floor Plan Faces Open Space

  • Beds2
  • Baths2
  • MLS100100980

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$285,000

6070 Chancellorsville Drive, Wilmington

Calming and cheerful best defines this like new home in sought after Covington. Quality constructed by Bill Clark Homes, the Captiva plan offers an open floor plan enhanc...

  • Beds3
  • Baths2
  • MLS100100899

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$1,299,000

2228 Fox Hunt Lane, Wilmington

More to come on this Builder's Masterpiece by Mark Johnson Custom Homes designed for convenient, energy efficient and connected living. First level plan features private ...

  • Beds5
  • Baths5
  • MLS100100705

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$556,040

7914 Breeze Way, Wilmington

Presale Opportunity!The pictures are for illustration purposes only. Please call for more information on this beautiful Custom Home you can build on this pristine wooded ...

  • Beds4
  • Baths4
  • MLS100100604

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$269,900

1214 Swordfish Lane Unit #1, Carolina Beach

Rare investment opportunity this close to the beach for this price. This new-construction townhome will make a great beach getaway and/or rental. Close to the beach and m...

  • Beds2
  • Baths2
  • MLS100100542

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$389,000

2614 Soft Sky Lane, Wilmington

Rare Opportunity off Beasley Road for New Construction Home in sought after Hoggard School District. Single Level Living at its finest in the Pine Grove Plan by Airlie Ho...

  • Beds3
  • Baths3
  • MLS100100403

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$479,000

205 Cornubia Drive, Castle Hayne

Enjoy all the amenities River Bluffs has to offer in this inviting, two-level wood frame home by Bass Built! The "Atlantic" floor plan includes walk-in showers and closet...

  • Beds4
  • Baths3
  • MLS100100384

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$261,270

7920 Huron Drive Unit #Lot 70, Wilmington

The Arlington with Stone Exterior is 1588 SQ feet all on one story living! 3 bed 2 bath with a screened porch! Home backs up to conservation for lots of privacy! Home com...

  • Beds3
  • Baths2
  • MLS100100331

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$469,900

113 Coral Tulip Court, Wilmington

Custom Bungalow home built by Stewart Building Company, LLC. - New 14 home Community on River Road Living and Master bedroom on one level, 4 bedroom, 3 1/2 baths, Large P...

  • Beds4
  • Baths4
  • MLS100100278

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$221,400

7320 Pamlico Court, Wilmington

Beautiful Marion floorplan slated for a late March completion! Rare opportunity to purchase a move in ready home in the ''Townes at West Bay''. One of the only end unit...

  • Beds3
  • Baths3
  • MLS100100130

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$221,400

7300 Pamlico Court, Wilmington

Beautiful Marion floorplan slated for a late March completion! Rare opportunity to purchase a move in ready home in the ''Townes at West Bay''. One of the only end unit...

  • Beds3
  • Baths3
  • MLS100100122

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$419,900

320 Rivage Promenade, Wilmington

Amazing custom built home located in desirable Beau Rivage. 3 bedrooms, 3 full baths with room for expansion upstairs if desired. Golf course and pond views in a privat...

  • Beds3
  • Baths3
  • MLS100100018

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$229,900

1344 Teddy Road, Castle Hayne

Welcome Home to the newest floor-plan in Rachel's Place, The Sinclair. This cottage home is a beautiful additional to the neighborhood. The Sinclair features, two covered...

  • Beds3
  • Baths2
  • MLS100099908

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$388,700

406 Ivy Lane, Carolina Beach

Beautiful brand new home in Carolina Beach. Coastal design and very nice inside. Located on a new neighborhood, that provides easy access to area parks, shopping and dini...

  • Beds3
  • Baths3
  • MLS100099722

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$348,500

808 Ovates Lane, Wilmington

A lovely impeccably maintained 4 bedroom, 3 bath, Charleston inspired home in one of Wilmington newer communities, Tarin Woods, with charming double front porches and ope...

  • Beds4
  • Baths3
  • MLS100099705

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$258,000

359 Lehigh Road, Wilmington

This home features a private master suite on the first floor, a flex office room, and an open concept floor plan ideal for entertaining. Along with one large pantry, the ...

  • Beds4
  • Baths4
  • MLS100099643

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$549,500

807 Carolina Sands Drive, Carolina Beach

Carolina Sands gem! Custom built in 2014 by Wells Construction. Shows like a brand-new home. Listen to the surf and birds from your very private rear deck or screened por...

  • Beds5
  • Baths5
  • MLS100099590

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