Sioux Falls Real Estate Blog

When deciding on whether to buy a new or resale home, focus your decision on your individual needs and not the age of the property. Both have their advantages and disadvantages. Listed below are some of the benefits that each provide.

New Homes:

· The number one reason most people purchase a new home is because they want to be the very first owners.

· You won't feel new and unwelcome to the neighborhood because there are new homeowners constanly moving into the development.

· Far less maintenance on the home due to brand new appliances and construction materials.

· You get to customize all the elements of the home to fit your personality and lifestyle.

· The equipment and features put into the home are more efficient and up to date, resulting in lower utility bills.

· The layouts of the rooms are more modern and usually have bigger closets and additional bathrooms.

Resale Homes:

· Often time’s buyers can purchase more square feet for the same price as a new home.

· It is easier to negotiate the sale price of resale homes compared to the price of a new home which can be pretty much set in stone.

· Older houses and neighborhoods have more character to them such as, mature trees and bigger lot sizes.

· Resale homes are closer to metro areas while new homes are located on the outskirts of town.

· More opportunities to make home improvements.