When it’s time to move into a new home, there are a lot of important factors to consider. Primary among such questions is whether you should buy an existing home, or build a brand new one. Pros and cons exist for each option, and so today we have summarized some important points to help you make the right decision for you.
Cost
On average a new home will cost you about 29% more than an established home. But, you’re generally getting more for your money. New homes are more spacious and built to your specifications. If money is the name of the game, then you should probably go with an older home. If you want exactly what you’ve imagined, then you should definitely build a new one.
Maintenance
Older homes require significantly more upkeep. An old home means old materials and appliances. New homes, however, are new. The materials, the appliances, the land, and everything else. The cost may be higher, but the upkeep is significantly less. If you don’t mind the extra upkeep work, go with an older home. If you would rather focus your time elsewhere, a new home is the way to go.
Efficiency
Energy, water, heating and AC, and the list goes on. Older homes have older technologies. They’re often in older neighborhoods which might not have the updates of newer neighborhoods in which new homes are often found. New homes, as you might have guessed, has greater efficiency on all of these fronts. In the long run, the new home could save you money where the old home might save you some in the short run.
There is much to consider when making the decision of whether to buy or build. At Perry Homes, we have both options available. Contact us today so we can help you make the right decision for you. Whether you want to work with us to customize your dream home, or start moving in right away, we’ve got you covered. Come see why Utah keeps coming home to Perry Homes.
