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Why Buy a Newly-Built Home? – Victoria Homes

To see why. of rising home prices, there has been no boom so far. Through June, sales of existing homes were down 2%t from.

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First-time homebuyers sometimes self-select themselves out of looking at newly built homes, believing that a new home is out of their reach financially. However, real estate agents and builders point out that a new home can be a great fit for first-time buyers because newly built homes are less costly to maintain, are more energy-efficient, won.

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When it comes to housing, new construction has a never-been-touched attraction, while existing homes have stories to tell. For every advantage of buying newly built and existing homes, there’s a flip side. For example, newly constructed homes tend to cost more than similar pre-owned homes, sometimes as much as 20 percent more.

It’s time for another match-up, this time we’ll compare buying a new home versus purchasing an existing one. For the record, some home builders will refer to existing homes as "used," which sounds kind of silly considering it’s a house and not a car, but let’s continue on. mobile apps Find homes for sale or rent on iPhone, iPad, and Android. When you buy a new construction, the home’s builder is considered the seller, and the agent representing the.

what are some cost-effective ways to make a major style update in the home? Lead interior designer at Porter Davis Homes.

View the latest Victoria, BC real estate for sale, luxury homes, condo listings. View photos, videos and information about Victoria, BC.

Still, the choice for most buyers isn’t a new-built home or an antique home, but rather one of the vast middle ground of homes built between, say, 1920 and 1990.

Model homes are typically staffed by a real estate agent who has a relationship with the builder. It’s important for you to have an agent to represent your best interests, from advising you on how to structure your offer to be most appealing to the builder to making choices that can affect your home’s resale value.

“Why. buying a house built in the 1880s if I were trying to protect my investment and my asset.” Recent headlines haven’t.

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