New Construction vs Buying a resale property

New Construction vs Buying a resale property

Often buyers wonder if new construction or resale is a better option. The biggest benefits to new construction is often picking your choice location when available, as well as the ability to determine any upgrades or cosmetic choices. Added bonus of course is that everything is brand new and often under warranty.

Then you have the option of perhaps buying something that is older. Many buyers who do that are truly seeking a particular location that they love for some reason. Maybe its the town or commuting purposes. Maybe they grew up there or prefer a particular school. There could be any number of reasons to be honest. Then with an older home or resale, they retreat to knowing that they can do cosmetic work within their finances that make this home “theirs” like they would in picking fixtures for new construction.

New Construction vs Buying a resale propertyAnd finally you have those looking for an updated resale. These buyers may prefer features about an older home or resale, but they want everything to look and work like its brand new. These are the buyers we see the most of. They are not looking to get into a serious project or spend a lot of money on cosmetics, but they prefer an existent location or neighborhood. They want what we often refer to as “move in ready”.

Currently we have quite a few of those homes on or coming to market. Take 3 Isabelle Court in Marlton for example. This home was built in 2015 and at the time of build they home owner spared no expense. One of the best lots in The Reserve at Marlton, and loaded with higher end choices of colors, appliances, fixtures and more. This home is truly move in condition at 5 years young! A rare opportunity for those resale buyers, but equally as appealing to those looking at new construction.

Call for a private tour of this home. No doubt you will think you have just entered the model home of a new construction opportunity, but not at the price tag you would pay to have built a home like this.