New-home Construction
Pros:
Modern floor plan (open space, flex rooms, larger windows)
Delayed major maintenance costs (such as roof or HVAC)
Lower utility bills as a result of stricter building codes and newer energy-efficient products
More upfront personalization Builder warranties on materials, workmanship and structural items
Cons:
Higher upfront costs
Special financing, such as construction loans, often needed
Longer wait times
Often farther from amenities, jobs
Sparse landscaping
Existing-home Construction
Pros:
Lower-priced options available
Established neighborhoods
Mature landscaping
Move-in ready
Value add-on potential with remodels and cosmetic updates
Cons:
Outdated floor plans
More repairs and maintenance
Higher utility bills if products and materials are less energy-efficient
Less personalized
Competition from other buyers
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Robin Taylor Roth
Berkshire Hathaway HomeServices New Jersey Properties
564 Middlesex Ave, Metuchen, NJ 08840
NJ #0897458
Office : 732.494.7677
Cell : 908.612.4962
Email : robintaylorroth@BHHSNJ.com
© 2022 Robin Taylor Roth ©2017 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity. Information not verified or guaranteed. If your home is currently listed with a Broker, this is not intended as a solicitation.
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