New Construction vs. Resale in Today's Market!
Should you buy new construction or resale in today’s market?!
New Construction VS. Resale
1) PRICE- new construction will be higher price point per sqft versus resale which will be lower in cost per sqft
2) REPAIRS & WARRANTY – Newer homes will give you a 1 year home warranty versus a resale homes where there could be issues from the beginning
3) DESIGN & PREFERENCE- when you purchase a new construction you get to choose all the home features beforehand versus resale where you might have to do upgrades on your own
4) TIME FRAME – 6 to 15 months for new construction if you have the time or move in ready with resale for a quick move in
5) LOCATION – Most new builds are on the outskirts of town so if you need something closer to work resale would be the way to go so you’re closer to highways and schools
No right or wrong decision with new construction or resale. It’s all about your preference in timing, budget, style/design, location and more! If you have any questions about specific builders or communities in Katy, please reach out to The Bridge Group. We are more than happy to help!
