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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$650,000

240 Water Street Unit #651, Wilmington

Overlooking historic Water Street with views of the historic downtown architecture and some views of the Cape Fear River, 10Grace Street at Riverplace Condos will offer u...

  • Beds2
  • Baths3
  • MLS100093045
  • Bldg.River Place

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$449,875

1071 Cranford Drive, Wilmington

Welcome to Waterstone!A new single family community in the Porters Neck area, where luxury meets nature at your doorstep Amenitites,including a Community Pool,Clubhouse,...

  • Beds3
  • Baths3
  • MLS100092927

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$440,000

405 Cornubia Drive, Castle Hayne

Enjoy all the amenities River Bluffs has to offer in this inviting, single-level wood frame home by Legacy Homes! The "Elizabeth" floor plan includes walk-in showers and ...

  • Beds3
  • Baths2
  • MLS100092913

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$482,750

1075 Cranford Drive, Wilmington

Welcome to Waterstone! A new single family community in the Porters Neck area, where luxury meets nature at your doorstep.Amenitites, including a Community Pool,Clubhouse...

  • Beds3
  • Baths3
  • MLS100092909

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$479,000

413 Cornubia Drive, Castle Hayne

Enjoy all the amenities River Bluffs has to offer in this inviting, 2 story wood frame home by Herrington Classic Homes! The "Cottage" floor plan includes walk-in showers...

  • Beds4
  • Baths3
  • MLS100092906

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$459,000

372 Cornubia Drive, Castle Hayne

Enjoy all the amenities River Bluffs has to offer in this inviting, single-level wood frame home by Herrington Classic Homes! The "Surrey" floor plan includes walk-in sho...

  • Beds4
  • Baths3
  • MLS100092893

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$165,000

4305 Eleuthera Lane, Wilmington

Upgraded 3 bedroom, 3 bath Open Concept Townhouse in SAYLORS WATCH is on the POND. This END UNIT in Saylor Watch has many upgrades, including laminate flooring downstair...

  • Beds3
  • Baths3
  • MLS100092878

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$345,000

214 Camber Drive, Castle Hayne

Located in River Bluffs, A Gated River Front Community, this home offers 3 bedrooms, 3 full baths, Finished Room Over the Garage and many upgrades that are not included i...

  • Beds4
  • Baths3
  • MLS100092854

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$345,785

7924 Champlain Drive Unit #Lot 116, Wilmington

The Forrester plan by DR Horton has a Dramatic two story foyer with open railing and wood tread stairs. This home offers 5 bedrooms with the guest room downstairs. The k...

  • Beds5
  • Baths3
  • MLS100092804

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$499,900

113 Coral Tulip Court, Wilmington

Southern Charm Custom Cottage 4 Bedrooms, 3 1/2 Bath, Large wraparound porch with outdoor fireplace, Optional elevator, 2.764 SqFt, large garage/storage with Optional pla...

  • Beds4
  • Baths4
  • MLS100092797

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$304,080

356 Lehigh Road, Wilmington

This home has a floor plan ideal for entertaining. The formal dining room, large great room, and a bright sunroom all surround the kitchen. The kitchen offers ample count...

  • Beds5
  • Baths4
  • MLS100092695

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$574,900

926 Carolina Sands Drive, Carolina Beach

Looking for upscale new construction in one of the BEST neighborhoods in Carolina Beach? This house is packed with upgrades, high end finishes and extras that are a rare...

  • Beds4
  • Baths4
  • MLS100092664

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$499,000

723 Bedminister Lane, Wilmington

Emerald homes is introducing on of its most popular floorplans to Landfall. The all brick Forrester floorplan has a very open feel with no wasted space as the kitchen flo...

  • Beds4
  • Baths3
  • MLS100092487

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$310,064

548 Green Heron Drive, Wilmington

The Dogwood plan by H&H Homes is a two story 3000 sq. ft. home with 5 bedrooms and 3 bathrooms. This home has a two car garage with extra storage space included. The co...

  • Beds5
  • Baths3
  • MLS100092332

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$281,770

344 Tralee Road, Wilmington

This home comes with over 2,000 square feet of living space, a formal dining room off the foyer entry, a kitchen with a breakfast bar overlooking the great room, and a br...

  • Beds3
  • Baths3
  • MLS100092265

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$381,770

334 Tralee Road, Wilmington

This home comes with over 2,000 square feet of living space, a formal dining room off the foyer entry, a kitchen with a breakfast bar overlooking the great room, and a br...

  • Beds3
  • Baths3
  • MLS100092259

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$396,350

8396 Penny Royal Lane, Wilmington

The Weston- a Dream Home for many. Welcomed by an 11ft ceiling Foyer, home owners and guests will be greeted by an open concept living area with hickory hardwood floors a...

  • Beds3
  • Baths4
  • MLS100092116

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$397,500

860 Ovates Lane, Wilmington

Situated on .67 acres, this meticulously maintained cul-de-sac home in the sought after Tarin Woods subdivision features an open floor plan and a ton of upgrades. The Con...

  • Beds4
  • Baths4
  • MLS100092066

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$239,900

2245 Blue Bonnet Circle, Wilmington

The Ruffin plan offers one story living at its best! This spacious one story home plan is extremely inviting with a large foyer that opens to the great room and kitchen. ...

  • Beds3
  • Baths2
  • MLS100092061

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$264,900

7436 Chipley Drive, Wilmington

This home shows like a model home. Wonderful open floorplan filled with natural light. The entire first floor dining and living room is open to the great room which overl...

  • Beds3
  • Baths3
  • MLS100092053

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$314,168

7325 Springwater Drive, Wilmington

All showing instructions are in Showing time. Home is currently under construction

  • Beds4
  • Baths3
  • MLS100092025

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$268,990

360 Lehigh Road, Wilmington

This one-story home comes with 3 bedrooms, a finished bonus room with bath, a spacious great room with a vaulted ceiling, and a dining area that lends access to a rear pa...

  • Beds3
  • Baths3
  • MLS100092015

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$301,900

1541 Eastbourne Drive, Wilmington

The ''Wrightsville'' is an open concept ranch plan. The entrance of this home opens to a foyer with and leads to a spacious family room. The fireplace in the family room ...

  • Beds4
  • Baths3
  • MLS100091978

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$459,900

610 Rose Avenue, Wilmington

The Savannah by Blanton Building is truly a unique plan with over 3200 sq ft. This amazing brand new home comes with 4 bedrooms, 3.5 baths and a bonus room on the third f...

  • Beds4
  • Baths4
  • MLS100091780

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$243,900

5624 Milhaven Court, Wilmington

This home comes with an open living concept ideal for entertaining. The kitchen has ample cabinetry and a pantry for storage, and an eat-in bar that overlooks the great r...

  • Beds3
  • Baths3
  • MLS100091723

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