Are You Better Off With a Used Home or a New Home? What’s the Best Option for You?

When planning to buy a new home, one of the decisions you have to make is whether you will buy a brand new house or one which has been previously owned by someone else in the past. The differences between these two must be carefully considered when you want to buy home where you and your family can spend your life happily and comfortably.A Matter of PriceBefore anything else, the price is one thing you have to consider when looking for homes for sale. In today’s real estate market, there are foreclosures and short sale homes in the market which are better priced compared to a new house. It seems a bit strange that a brand new house located in the same neighborhood of one which is several years old is going to sell for more compared to a previously owned house. New houses are not considered comparable so these sell for more, not to mention that there are also no issues on appraisal. Somehow, it doesn’t seem right if a previously owned house have ceiling fans, window treatments, landscaping, or even a spa or pool which a new house often doesn’t have.On the other hand, a new house is exactly that, new, in an ideal move in condition and under full warranty. You have to add to the equation the price of things which are not in the house already, or that no backyard landscaping is present. Still, a lot of people find that they prefer a new house compared to others, and builders sell really well even in today’s real estate market.LocationOne more factor you have to consider is the location. There is a chance that you will not find a house in a place close to work and other major amenities such as downtown or the airport. Places around these areas are long gone, and you won’t be able to find builders of new homes near these areas. When a city grows, this grows outward, with new commercial developments and homes which are newer should go outward. It is a crucial consideration for most homebuyers. The daily traveling time to work can also add up with the prices of gas and the time required for traveling both directions.Add-ons and UpdatesAnother thing you have to consider when checking homes for sale is that a used house may still require some updates that can offset the price of adding new things to a brand new house. A fresh coat of paint might be required, or you might have to change the appliances or update the granite counters. You have to calculate all the things which will be added or changed to a new house and a used one.Make sure that you consider every factor before you decide to buy home for sale. Both a new house and a used home have their own set of pros and cons, so ensure that you check everything before you settle for the best choice for you.