Existing Homes vs New Construction: Which One is Right For You?

Existing Homes vs New Construction: Which One is Right For You?

There are pros and cons to both new construction and purchasing an existing home. So… what is the right decision for you?

Melanie Crane, Associate Broker & Realtor at Lifestyle Properties of Keller Williams Realty walks us through the pros and cons of both in this informational video.

Yes, you have all new systems and customization with new construction. However, there are still cons associated with the process.

“Among the many decisions homebuyers must make is whether buying a new construction home vs. existing home is right for them. Approximately 13% of buyers decided that building a new home was their preferred option in 2020, compared with 87% who bought an existing home, according to the National Association of Realtors’ 2020 Home Buyer and Seller Generational Trends Report. If you’re considering both options, it’s important to learn the pros and cons of building a house or buying a previously owned home.” - Lending Tree
If you would like help weighing out the pros and cons and deciding what route would be best for your situation, please reach out to our team and we would love to help.

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