Should I Buy A New Construction Home Or A Pre Owned Existing Home In North Texas

Should I Buy A New Construction Home Or A Pre Owned Existing Home In North Texas

Several of my current clients are considering the purchase of a brand new home from a builder. Why? The tight supply of available homes vs. the demand for homes in N. Texas is very noticeable this year!  Here are some of my quick thoughts about the Pros of each:

PROS (new construction):

1.) Builder typically provides "bumper to bumper" warranty for first year.
2.) Property is brand new, so it's completely sparkling clean and up-to-date in every way.
3.) Advances in energy efficiency standards mean that new homes are typically the most efficient with regard to utilities.
4.) You can sometimes find "inventory" homes which are available for quick move-in (if not, the building process can take 3 to 6 months).

PROS (pre-owned):
1.) Established neighborhood, tall trees, stable neighbors.
2.) Typically get more square footage and yard space for your money.
3.) Location can be closer-in and more convenient because new neighborhoods are typically built further and further out of the mainstream areas of the Metroplex.
4.) We can ask seller to buy you a 1-year warranty on all of the systems of the house to cover you after you purchase (HVAC, water heater, appliances, electrical, plumbing, etc).

I currently have some buyer clients going new construction and others are opting for a bit "dated" property to be in the school district that they want, down the street from a park, with a really nice-sized lot. It's just a matter of preference, really.

The most important thing (no matter which path you choose), is to engage an accredited buyer specialist Realtor (like myself) to represent YOU and your best interests.  I work hard every day to get my clients the best deal possible on their home purchase.

Thinking of taking the plunge into the joys of home ownership or moving-up, downsizing, etc.? Start your home search right now: CLICK HERE. You can also contact me directly via: johnbrookstherealtor@gmail.com

Happy hunting!





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Phone: 817-471-7358
Dated: July 8th 2014
Views: 4,990
About Chad: I have been a DFW resident for the past 20 years and have lived in many different areas of the metro...

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