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Building vs. Buying a Home

Thursday, April 23, 2009 at 8:15 PM

If you’re on the market for a home, you may be asking yourself whether it makes more sense to build a new home or buy a resale home.

Advantages of an existing neighborhood

Established neighborhoods with lived-in homes have much to offer. If the neighborhood has been around long enough, trees may canopy the streets and the landscaping may be lush and mature.
Another advantage of a resale home is that you can move in relatively quickly.

Advantages of a new construction home
Like the idea of being the first to live in a house, picking out its features for yourself? Then new construction may appeal to you.
The location of a new neighborhood is one of its best features. New neighborhoods tend to go up on the outskirts of town, where the new growth occurs in a community.
New neighborhoods also tend to have great amenities. Today, everyone wants workout facilities, playgrounds, open spaces, swimming pools, etc. in a neighborhood. A resale home may not be able to offer much of that, but new construction homes often feature these amenities.
New construction homes also offer a chance to be friendly to the environment.

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