New vs Resale(used) Homes
New Home Purchase Pros and Cons
- Everything is new! You will know about how many years before things need to be replaced. Without the guesswork of what the previous owner repaired You are starting from scratch and can find out life estimates of the various new home components.
- The new home should come with a warranty. Check with your builder prior to purchase. It is common the see a 2 year warranty. With the first year being the whole house and second year major components like electrical and plumbing. Warranties vary from builder to builder.
- Your Realtors costs are included in the price. If you use a realtor you pay the same price as if you do not. A decent Realtor adds tremendous benefits to your new home purchase.
- The ability to choose the lot and pick the new home model type along with colors and other customizations.
- Possibly a discount by the new home builder. If the area is selling slow or its is the first phase of a community you may get in for less. Communities can have several phases over years with hundreds and thousands of new homes built
- Incentives. This can be something like free or reduced closing costs. Free or upgrades of a certain value, or pool benefits. The more homebuilders in the same area the more competition for new construction home business.
- Homeowners association. This can be good or bad depending on your needs. The HOA will also change when the builder leaves the community or the phase. Its common for the residents to take over and elect who is in charge.
- The new home will be built with the latest building codes for your location. Codes are always changing. Building codes improve upon safety and building integrity. Your new home will be built with the most recent standards.
- The new home has everything new so if you have a mortgage it should require less repair. For example. If you have a 15-30 year mortgage and your roof last may 15+ years + depending on roof type (Asphalt Shingle, Tile), and your Air Conditioning possible 10 years. Compared to buying used homes with unknown estimates.
Resale Home Purchase (used) Pros and Cons
- Lower price. If new home construction is in the area the resale market for the same size home may cost less.
- Possible further price reduction from negotiation. Remember each home is being sold by its respective owners and each owner has a different story for moving.
- The resale home is ready to move into. No waiting to be built.
- The potential purchase price savings can be used for renovation.
- The community may be fully developed. You can see the finished product.
- Buying a fixer upper can be a cost effective way of saving money by doing it yourself.
- Any damage uncovered after the purchase is on the home buyer. NO WARRANTY.
- Cost to make repairs paid by the homeowner.
- The Parts have aged in the home
Start of list of properties
23
16326 HAMLIN VIEW STREET
Winter Garden, FL 34787
$459,490
For Sale
3
Beds3
Baths1,715
square feet,
One or more photo(s) has been virtually staged. Under Construction. Images shown are for illustrative purposes only and will diffe... (more)
# G5076272
Olympus Executive Realty Inc
23
16320 HAMLIN VIEW STREET
Winter Garden, FL 34787
$464,490
For Sale
3
Beds3
Baths1,715
square feet,
One or more photo(s) has been virtually staged. Under Construction. Images shown are for illustrative purposes only and will diffe... (more)
# G5076273
Olympus Executive Realty Inc
23
16332 HAMLIN VIEW STREET
Winter Garden, FL 34787
$459,490
For Sale
3
Beds3
Baths1,715
square feet,
One or more photo(s) has been virtually staged. Under Construction. Images shown are for illustrative purposes only and will diffe... (more)
# G5076270
Olympus Executive Realty Inc
23
16638 HAMLIN VIEW STREET
Winter Garden, FL 34787
$459,490
For Sale
3
Beds3
Baths1,715
square feet,
One or more photo(s) has been virtually staged. Under Construction. Images shown are for illustrative purposes only and will diffe... (more)
# G5076269
Olympus Executive Realty Inc
2
16266 HAMLIN VIEW STREET
Winter Garden, FL 34787
$470,790
For Sale
3
Beds3
Baths1,729
square feet,
One or more photo(s) has been virtually staged. Under Construction. Images shown are for illustrative purposes only and will diffe... (more)
# G5076268
Olympus Executive Realty Inc
9
14501 GROVE RESORT AVENUE, #2542
Winter Garden, FL 34787
$420,000
For Sale
3
Beds3
Baths1,544
square feet,
Amazing 3 beds condo introduce beautiful views from the 5th floor. Completely furnished and prepared to have fun and use. This Oas... (more)
# O6160629
Valentina Realty LLC
2
16296 HAMLIN VIEW STREET
Winter Garden, FL 34787
$470,790
For Sale
3
Beds3
Baths1,729
square feet,
One or more photo(s) has been virtually staged. Under Construction. Images shown are for illustrative purposes only and will diffe... (more)
# G5076267
Olympus Executive Realty Inc
2
16344 HAMLIN VIEW STREET
Winter Garden, FL 34787
$468,790
For Sale
3
Beds3
Baths1,729
square feet,
One or more photo(s) has been virtually staged. Under Construction. Images shown are for illustrative purposes only and will diffe... (more)
# G5076265
Olympus Executive Realty Inc
2
16344 HAMLIN VIEW STREET
Winter Garden, FL 34787
$463,790
For Sale
3
Beds3
Baths1,729
square feet,
One or more photo(s) has been virtually staged. Under Construction. Images shown are for illustrative purposes only and will diffe... (more)
# G5076264
Olympus Executive Realty Inc
2
16308 HAMLIN VIEW STREET
Winter Garden, FL 34787
$476,190
For Sale
3
Beds3
Baths1,644
square feet,
One or more photo(s) has been virtually staged. Under Construction. Corner Unit. The Harbor Ready April 2024 lot 1. HARBOR Townhom... (more)
# G5076258
Olympus Executive Realty Inc
2
16302 HAMLIN VIEW STREET
Winter Garden, FL 34787
$476,190
For Sale
3
Beds3
Baths1,644
square feet,
One or more photo(s) has been virtually staged. Under Construction. Corner Unit. The Harbor Ready April 2024 lot 1. HARBOR Townhom... (more)
# G5076259
Olympus Executive Realty Inc
43
235 VITORIA ROAD
Davenport, FL 33837
$469,000
For Sale
5
Beds3
Baths2,440
square feet,
Welcome home to this inviting and spacious 5-bedroom, 3-bath haven, perfect for both short-term and long-term living. No CDD. Id... (more)
# S5095729
Vylla Home
2
16350 HAMLIN VIEW STREET
Winter Garden, FL 34787
$471,990
For Sale
3
Beds3
Baths1,644
square feet,
One or more photo(s) has been virtually staged. Under Construction. Corner lot no side neighbor to the Left. he Harbor Ready April... (more)
# G5076257
Olympus Executive Realty Inc
2
16260 HAMLIN VIEW STREET
Winter Garden, FL 34787
$471,990
For Sale
3
Beds3
Baths1,644
square feet,
One or more photo(s) has been virtually staged. Under Construction. Corner lot The Harbor Ready April 2024 lot 1. HARBOR Townhome ... (more)
# G5076260
Olympus Executive Realty Inc
14
20200 WOLF SPRINGS COURT
Clermont, FL 34715
$1.56m
For Sale
4
Beds4
Baths3,700
square feet,
Under Construction. Sitting atop a 2.5 acre private lot is a custom estate with an anticipated Jan 2024 completion date. This smal... (more)
# O6162756
Keller Williams Elite Partners Iii Realty
1
SR 33
Clermont, FL 34711
$39,990
For Sale
1.88
AcresLand land and more land. Enjoy the several potential uses for this great almost 2 acre site!
# C7484869
Cracker & Associates, Inc.
22
239 LONGVIEW AVENUE, #216
Celebration, FL 34747
$405,000
For Sale
3
Beds2
Baths1,584
square feet,
Enjoy Florida's beautiful year-round weather with your own peaceful balcony nestled on a quiet street in Celebration's Georgetown.... (more)
# S5096075
Imagination Realty, Inc
1
15054 BRODIE LANE
Winter Garden, FL 34787
$777,183
For Sale
4
Beds3
Baths2,109
square feet,
This beautiful home was crafted for the way you live. The open-concept kitchen and great room provide the ideal space for entertai... (more)
# O6163074
Orlando Tbi Realty LLC
28
14845 MILFOIL AVENUE
Orlando, FL 32827
$658,000
For Sale
4
Beds3
Baths2,095
square feet,
One or more photo(s) has been virtually staged. Welcome to 14845 Milfoil Avenue in the highly sought after Lake Nona Community of ... (more)
# O6163096
Keller Williams Advantage Iii Realty
25
503 PINE LAKE VIEW DRIVE
Davenport, FL 33837
$415,000
For Sale
3
Beds2
Baths1,344
square feet,
Welcome home to this true Florida oasis! This home features everything you have been looking for both inside and out. Step inside ... (more)
# O6158526
Keller Williams Realty At The Lakes
99
6013 GREATWATER DRIVE
Windermere, FL 34786
$6.999m
For Sale
5
Beds7
Baths7,607
square feet,
Welcome to this exquisite high-end luxury lakefront home at 6013 Greatwater Drive, located on a premium lot on a cul-de-sac in th... (more)
# O6162537
Iron Valley Real Estate Osceola
37
828 VINEYARD RIDGE ROAD
Minneola, FL 34715
$529,990
For Sale
4
Beds2
Baths2,236
square feet,
Come discover this brand-new construction home nestled within the beautiful Parkview at the Hills community in charming Minneola, ... (more)
# O6162655
Compass Florida, LLC
49
5220 OAKBOURNE AVENUE
Davenport, FL 33837
$690,000
For Sale
7
Beds5
Baths3,629
square feet,
FULLY FURNISHED and professionally decorated!! This gorgeous home offers a perfect blend of comfort and style, featuring seven sp... (more)
# O6163048
Agent Plus Realty
14
8953 CALIFORNIA PALM ROAD
Kissimmee, FL 34747
$400,000
For Sale
4
Beds3
Baths1,902
square feet,
One or more photo(s) has been virtually staged. Excellent luxury vacation home or investment rental property.Beautiful 4 bedrooms,... (more)
# O6162842
Ms Land & Building LLC
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