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Buying New VS Buy Resale VS Buying to Renovate

With some many choices and possibilities how does today’s homebuyer truly decide what is the right option for them. Frankly it’s really up to the home buyer, or more specifically what he homebuyer has the stomach for that really decides.

Let Your Stomach Decide

The simplicity and security of buying new vs the adventure and possible financial upside of buying resale vs the roll up your sleeves and create what you want from the rubble are three very different options that often depend on what the buyer has the stomach for.

Deconstruction (tearing down walls and picking out paint, carpet, flooring and appliances) stresses some people out completely. Others love this process as they can have complete and total freedom to make it their own.

Renovating is Easy…at Least on TV

However, the explosion of HGTV and DIY Networks have made the buy and renovate possibilities a bigger reality. It also makes the whole process seem somewhat easy and miraculous. After all, within a one hour show, the home goes from sad and run down to magazine cover ready.

The truth is that buying resale and renovating is becoming more and more commonplace. Although you may not get the latest trends in home design, a move of a wall here or there can very often deliver those design trends.

If you have the right team in place and pay the right price for the home, you can definitely add value to the property often creating a higher appraisal value than your purchase price and renovation budget combined.

New Construction Doesn’t Always Mean Creative Freedom

Design Centers in new developments give you some great options for creating your own space. The key word here is “some’. While the choices may be a few on trend options, they still may not be what you are looking for. It will be new, chances are it will be on trend, but chances are it will look a lot like every other house in the development.

Energy Efficiency

When it comes to buying resale vs new construction energy is one consideration. In all likelihood, the newer construction will have better/newer products and appliances. Compare air and heating systems, windows, insulation and whether appliances are Energy Star rated.

Home Warranty

For some people, low maintenance living is key and why new is best. The Home Warranty is added security against expensive right out of the gate home repairs. Home Warranty equals peace of mind for many people.

Karen is ready to show you homes that will fit into every single one of these categories. Give her a call today and get started on your home buying journey.

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Fishing Lake Oconee

As a Lake Oconee real estate agent, Karen’s job is to learn and inform her clients of all the benefits of living at Lake Oconee.