Pros & Cons Of Buying New Versus Buying A Resale Home

Many purchasers prefer to buy a new home versus a resale home.

The latest construction methods and materials, along with a Builder New Home Warranty are big selling points.

This is especially true in Florida, where many retirees view this as their last home purchase, and want to treat themselves, by building their Dream Home.

But this does not negate the fact, that for most of us, the bottom line is always cost. Here is what you need to know about the pros and cons of buying new versus buying a resale home.

Historically, new homes have sold at a 20% premium over the cost of a similar resale home. This 20% cost difference represents: 1) the functional obsolescence and depreciation factors present in an older resale home that are not present in a new home, and 2) the privilege of being the first owner, and being able to customize your new home exactly as you wish.

Today in Florida, a unique set of circumstances has resulted in the New Home premium being approximately 10% over the cost of a comparable resale home. The result has been buyers lining up to purchase new homes from builders.

This is because of two factors: 1) Builders offering great sales incentives to new home Buyers, and 2) a lack of high quality resale homes available for purchase in the resale market.

Every individual is unique, some prefer new homes, some prefer resale homes, but either way, we have you covered, and the cost to use our Professional Services is $0.

Cross Border Realty is proud to help our Clients purchase NEW HOMES from Florida’s BEST BUILDERS.

These select Florida Builders produce the highest quality new homes, offer the BEST new home warranties, and most importantly, stand behind their homes with outstanding after sale service.

CROSS BORDER REALTY has already done the time consuming legwork for you. We have inspected all of the communities on our website, we took the photos, they have not been retouched, and these communities are all ideally suited to Snowbirds.

builder-approvedBuilders Plumb Rule: Important Advice

There are some really good builders in Florida, and some really bad ones.

We are here to help our clients buy from Florida’s BEST builders.

We are NEW HOME SALES SPECIALISTS for Manatee County: Parrish, Palmetto, Bradenton, Lakewood Ranch.

We are NEW HOME SALES SPECIALISTS for Sarasota County: Sarasota, Osprey, Nokomis, Venice, Englewood, North Port.

Click on the – Find A Home Tab – New Homes Tab – to view NEW HOME COMMUNITIES for these cities.

“I think you have done a great job of summarizing all of the intricacies of buying real estate in Florida. The Book covers many points of interest, most Snowbirds, will find quite illuminating. The book format is easy to read and very pleasing. Well done!”
Jamie F., CPA, Private Banker & International Tax Expert

Insiders Guide to Buying Florida Real Estate

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Buying Florida Real Estate

Buying Florida Real Estate