CHAPTER 5 New Construction Appeal
While some buyers might find an existing home that “speaks” to them already on the market and suitable for everything their family is looking for, others might choose to draw up architectural plans and start from the ground up. Neither one is necessarily a right or wrong solution — it of course depends on your personal needs and wants (and budget and timeline). So let's discuss the pros and cons of each, so you can decide if you're headed down the right path. Remember, whichever route you choose, a knowledgeable real estate agent will make the process easier. Here are some considerations when it comes to buying (not building) a home for your family. Age of Home Although well-built homes can last for many decades, they could come with many repairs and updates. With age comes wear and tear and could mean spending money to address unresolved issues. Major components of the home, such as roofs and HVAC systems, if not replaced could be at the end or near the end of their useful life cycle. Your real estate agent can make facilitate inspections to give a clear picture of the condition of the home.
PROS TO BUYING YOUR NEW HOME
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