Buying a New Build vs. Resale Home [Video] with Alex Wickham

Hey, it’s me Alex Wickham, are you looking for a Wicked home?

There’s a buyer for every home, and every buyer has their own wants and need in a home. Obviously, someone who wants to renovate a home won’t buy a new build. And the best home for someone very particular might be to hire an architect and build a home from scratch.

Today we are going to talk about the your choice of buying a re-sale home, vs. buying a new home from one of the main builders.

Most people realize that when you buy a resale home you’re going to need to do a bit of work to make it your own, or to maintain it. And, most people also believe that when buying a new home you’ll have no work to do and they can avoid spending money on updates and upgrades. Unfortunately, this is not always the case.

What many buyers fail to consider is that the majority of the time, new builds come standardly very basic. The base price will not include any updates like hardwood floors, granite counters, or finished basements. These are all things you will need to pay more to have, or do yourself.

Many builders are now including appliances, such as the fridge and stove as part of a new home purchase. But this is not always the case. This is something you need to look out for when considering a new build. The standard for resale homes is to include all appliances.

This is also the case for things like eavestroughs, back deck and patios, and blinds and window coverings, which would typically already be there in resale homes.

Now, I don’t say all this to discourage anyone from buying a new build. There certainly are people where this is the best fit. For others the extra work may be too much of a head ache.

For those people, a good medium may be to buy a home that was build in the last 5 years, but the previous home owners have already done the extra work so that you don’t have to.

Obviously I wasn’t able to cover everything, but if you have experience buying a new home, comment below and let us know how it went.

Many people don’t know that realtors can help you buy a new build. So whether you’re considering a new build or resale, it doesn’t matter.

If you’re looking for a Wicked homes, call Wickham.

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