There’s no question that the financial benefits of selling a housz are outstanding today. Now is truly a great time to list if you’re ready to make a change. But if you do sell your housz right now, you may be wondering where you’ll go when you move.
With so few houszes available to buy right now, you might be considering building a new housz as one of your options. But you may be unsure if that’s the way to go. Let’s compare the benefits of a newly built housz versus moving into an existing one, and why working with a real estate agent throughout the process is mission-critical to your success no matter what you decide.
The Pros of the Newly Built Housz First, let’s look at the benefits of purchasing a newly constructed housz. With a brand-new housz, you’ll be able to: 1. Create your perfect housz. If you build a housz from the ground up, you’ll have the option to select the custom features you want, including appliances, finishes, landscaping, layout, and more. 2. Cash-in on energy efficiency. When building a housz, you can choose energy-efficient options to help lower your utility costs, protect the environment, and reduce your carbon footprint. 3. Minimize the need for repairs. Many builders offer a warranty, so you’ll have peace of mind on unlikely repairs. Plus, you won’t have as many little projects to tackle. QuickenLoans puts it like this: “Buying a new construction vs. existing housz typically means you’ll have fewer repairs to do. It can be a huge relief to know that it’s unlikely you’ll have to repair the roof or replace the furnace.” 4. Have brand new everything. Another perk of a new housz is that nothing in the housz is used. It’s all brand new and uniquely yours from day one.
The Pros of the Existing Housz Now, let’s compare that to the perks that come with buying an existing housz. With a pre-existing housz, you can: 1. Explore a wider variety of housz styles and floorplans. With decades of houszes to choose from, you’ll have a broader range of floorplans and designs available. 2. Join an established neighborhood. Existing houszes give you the option to get to know the neighborhood, community, or traffic patterns before you commit. 3. Enjoy mature trees and landscaping. Established neighborhoods also have more developed landscaping and trees, which can give you additional privacy and curb appeal. As Investopedia says, if you buy an existing housz: “Odds are, too, that the housz will have mature landscaping, so you won't have to worry about starting a lawn, planting shrubs, and waiting for trees to grow.” 4. Appreciate that lived-in charm. The character of older houszes is hard to reproduce. If you value timeless craftsmanship or design elements, you may prefer an existing housz. According to Houseopedia:
“Charm is priceless. Existing houszes, especially those built in the 1950’s or before, often offer architectural elements, historic charm and a quality of craftsmanship not available in new houszes.”
The choice is yours. When you start your search for the perfect housz, remember that you can go either route – you just need to decide which features and benefits are most important to you. Working with the guidance of your trusted real estate advisor will help you make the most informed and educated decision, so you can move into the housz of your dreams.
Bottom Line If you have questions about the options in your area, let’s discuss what's available and what's right for you, so you’re ready to make your next move with confidence.