Homebuying: New vs Resale Homes
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Should you buy a brand new home that you can customize, or choose a resale one that's move-in ready? Both options present advantages, and there is no right answer, it's totally up to the buyer. We've outlined a couple benefits of each:
Buying New
• Personalized home: with new homes you can choose the colours, fixtures and upgrades such as lighting and flooring
• New homes are built up to current building codes and standards
• Lower maintenance costs: newer homes tend to have lower maintenance costs as all of the materials are brand new
• Builder warranties: the majority of home builders offer warranties for new homes
Buying Resale
• Easy access: homes in established neighbourhoods are in close proximity to services, parks, schools, etc
• Home…
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