{"id":14645,"date":"2021-10-29T12:58:00","date_gmt":"2021-10-29T18:58:00","guid":{"rendered":"https:\/\/www.richmondamerican.com\/blog\/?p=14645"},"modified":"2024-12-13T13:39:13","modified_gmt":"2024-12-13T20:39:13","slug":"new-home-or-resale","status":"publish","type":"post","link":"https:\/\/www.richmondamerican.com\/blog\/new-home-or-resale\/","title":{"rendered":"New Home or Resale?"},"content":{"rendered":"\n<figure class=\"wp-block-image alignright size-large is-resized\"><a href=\"https:\/\/www.richmondamerican.com\/campaigns\/1630\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"https:\/\/www.richmondamerican.com\/content\/campaigns\/media-95185.jpg\" alt=\"Start smart: Take the first steps toward your dream home!\" style=\"width:361px;height:111px\"\/><\/a><\/figure>\n\n\n\n<p>The tight resale housing market has many prospective homebuyers\nconsidering purchasing a new home in the new year. But limited inventory\u2014and skipping\nthose stressful bidding wars\u2014are just two of the many advantages of buying a\nbrand-new home right now. <\/p>\n\n\n\n<p>Sure, homes that were built a few years (or even decades) ago in established, comfortable neighborhoods have their charms. But there\u2019s also a lot to be said for choosing a brand-new home, filled with modern <a href=\"https:\/\/www.richmondamerican.com\/Curated\" target=\"_blank\" rel=\"noreferrer noopener\">designer details<\/a>!<\/p>\n\n\n\n<p>If you\u2019re determining whether to buy a new or resale home, following are\nsome factors that highlight why new construction might be your best bet:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Energy efficiency<\/h3>\n\n\n\n<p>New homes typically offer improved energy efficiency due to better wall insulation and quality heating and cooling systems. These features can provide comfort as well as cost savings. What\u2019s more, new homes often have features such as low-e windows or water-saving showerheads. If you buy a resale home, keep in mind that you could end up with poor insulation, drafty windows or an old furnace, all of which could need to be replaced.<\/p>\n\n\n\n<!-- <h3>Design choices<\/h3>  -->\n\n\n\n\n\n<!-- <p>Building a new home can give you the freedom to choose your own colors, fixtures and finishes, while buying a resale home means you\u2019ll have to settle for someone else\u2019s style choices. Pink roses might be nice for Valentine\u2019s Day, but chances are you won\u2019t be thrilled about seeing them on your bathroom walls every morning. And while you can always redecorate later, changing items like carpeting and cabinetry can be expensive\u2014and such renovations are often put off for a rainy day that never seems to come.<\/p> -->\n\n\n\n<h3 class=\"wp-block-heading\">Appliances<\/h3>\n\n\n\n<p>Some builders offer homebuyers optimal convenience by including brand-new appliances, such as microwaves, dishwashers and stoves. And if they\u2019re not already included in the price of your home, you may be able to roll the cost of appliances into your mortgage. When looking at the price of a resale home, be sure to factor in out-of-pocket expenses like replacing the outdated refrigerator or buying a new washer and dryer.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Storage<\/h3>\n\n\n\n<figure class=\"wp-block-image alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"440\" src=\"https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2020\/12\/SCA_ThoroughbredAcres_Bronze_ext.jpg\" alt=\"Exterior of a home with an attached RV garage\" class=\"wp-image-14585\" style=\"width:266px;height:180px\" srcset=\"https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2020\/12\/SCA_ThoroughbredAcres_Bronze_ext.jpg 650w, https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2020\/12\/SCA_ThoroughbredAcres_Bronze_ext-300x203.jpg 300w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/figure>\n\n\n\n<p>Today\u2019s new homes offer floor plans designed to fit the way you live, with convenient features like walk-in closets, generous kitchen pantries, cabinets with pull-out shelves, extended and <a href=\"https:\/\/www.richmondamerican.com\/campaigns\/1313\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">RV garages<\/a> and large basements that provide plenty of room for growth. With resale homes, especially older models, you may find that the storage space is limited or has been customized to someone else\u2019s preferences.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Warranties<\/h3>\n\n\n\n<p>Brand-new homes can include a builder\u2019s warranty, providing an added sense of security for years to come. Heating and cooling systems are also new and often covered under manufacturer\u2019s warranties, so you won\u2019t need to worry about replacing them right after you move in. On the other hand, many resale homes don\u2019t come with a warranty included in the price. If a warranty is important to you, you may have to pay extra or negotiate for the seller to cover the cost.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Special offers<\/h3>\n\n\n\n<p>When is the last time you saw a private seller advertise special savings on their home listing? This is practically unheard of, especially in today\u2019s competitive resale market! Homebuilders, on the other hand, often have more flexibility to help buyers save money on their new homes with special offers. <\/p>\n\n\n\n<p><strong>See <a href=\"https:\/\/www.richmondamerican.com\/national-promo\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">how you can save<\/a> with Richmond American right now!<\/strong><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Brand-new neighbors<\/h3>\n\n\n\n<p>Chances are, when you move into an established community, your neighbors\nhave all known each other for years, potentially making you the odd\nman\/woman\/family out. However, if you buy a new home in a new community, everyone\nis on similar footing, making it much easier to meet people and form new\nrelationships.<\/p>\n\n\n\n<p><strong><strong>Still uncertain? Learn how the <\/strong><a href=\"https:\/\/www.richmondamerican.com\/blog\/house-hunting-new-vs-resale\/\" rel=\"noreferrer noopener\" target=\"_blank\"><strong>house hunting experience differs between new and resale homes<\/strong><\/a><strong>.<\/strong><\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p><em>We hope we helped you answer that age-old question: New home or resale? If buying a new home is sounding better and better, visit <a href=\"https:\/\/www.richmondamerican.com\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\" (opens in a new tab)\">RichmondAmerican.com<\/a> to get started today!<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/www.richmondamerican.com\/mortgage\" target=\"_blank\" rel=\"noreferrer noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"304\" src=\"https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2021\/01\/Mortgage_Guide_XSell_v2.jpg\" alt=\"Cover of Richmond American's Mortgage Quick Reference Guide\" class=\"wp-image-14653\" srcset=\"https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2021\/01\/Mortgage_Guide_XSell_v2.jpg 650w, https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2021\/01\/Mortgage_Guide_XSell_v2-300x140.jpg 300w, https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2021\/01\/Mortgage_Guide_XSell_v2-600x280.jpg 600w\" sizes=\"(max-width: 650px) 100vw, 650px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The tight resale housing market has many prospective homebuyers considering purchasing a new home in the new year. But limited inventory and avoiding bidding wars are just a few of the advantages of buying a brand-new home. Read on for help answering the age-old question: New home or resale?<\/p>\n","protected":false},"author":1,"featured_media":14660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"ub_ctt_via":"","cybocfi_hide_featured_image":"","footnotes":""},"categories":[2],"tags":[157,222],"featured_image_src":"https:\/\/www.richmondamerican.com\/blog\/wp-content\/uploads\/2021\/01\/NewvsResale_v2-1.jpg","author_info":{"display_name":"rahblogadmin","author_link":"https:\/\/www.richmondamerican.com\/blog\/author\/rahblogadmin\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\r\n<title>New Home or Resale? - Richmond American Homes Blog<\/title>\r\n<meta name=\"description\" content=\"The tight resale housing market has many people considering purchasing a new home. 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