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
41
9543 WATER ORCHID AVENUE
Clermont, FL 34711
$370,000
For Sale
4
Beds3
Baths2,224
square feet,
Welcome to 9543 WATER ORCHID AVE located in the highly sought-after Marsh Hammock neighborhood of Clermont, Florida. This magnifi... (more)
# G5069532
Re/max Titanium Group
43
4776 BARBADOS LOOP
Clermont, FL 34711
$470,000
For Sale
3
Beds3
Baths2,613
square feet,
A beautifully maintained 3 bed 2.5 bath home in the sought after Southern Fields community. Upon entering the home there is a Form... (more)
# G5069572
Morris Williams Realty
46
1003 OAKDALE STREET
Windermere, FL 34786
$2.65m
For Sale
5
Beds5
Baths4,061
square feet,
If You Have Dreamed of Having a Home Where Family and Friends want to Hang Out and Spend Quality Time Building Lifetime Friendship... (more)
# O6116062
Vintage Realty Group LLC
34
201 MADINA CIR
Davenport, FL 33837
$325,000
For Sale
4
Beds2
Baths1,342
square feet,
Welcome to 201 Madina Circle, a charming 4-bedroom, 2-bathroom single family house nestled in a serene gated community. This del... (more)
# O6115680
Real Broker, LLC
41
15620 PANTHER LAKE DRIVE
Winter Garden, FL 34787
$2.35m
For Sale
5
Beds5
Baths4,769
square feet,
Then most luxurious house at the LAKESHORE States! With over $800k in upgrades. A Spectacular House that shows like a model home w... (more)
# S5086027
Miami Brazil Investments, LLC
47
2022 LAKE ROBERTS LANDING DRIVE
Winter Garden, FL 34787
$600,000
For Sale
4
Beds3
Baths2,515
square feet,
One or more photo(s) has been virtually staged. FINALLY...A home available in highly sought after Lake Roberts Landing. Homes do n... (more)
# O6115694
Exp Realty LLC
9
14425 PLEACH STREET
Winter Garden, FL 34787
$415,000
For Sale
4
Beds3
Baths1,634
square feet,
WELCOME TO INDEPENDENCE AT HORIZON WEST ! A Fantastic Townhome located in a beautiful community with an active lifestyle, scenic ... (more)
# O6115451
Charles Rutenberg Realty Orlando
51
14803 PEEKSKILL DRIVE
Winter Garden, FL 34787
$429,900
For Sale
3
Beds3
Baths1,839
square feet,
Independence ** Terrific floor plan with a first floor master bedroom ** Separate formal dining room and first floor den with beau... (more)
# O6116030
Independence Realty Group LLC
52
11630 HOLMES DR
Clermont, FL 34711
$475,000
For Sale
3
Beds2
Baths1,935
square feet,
** NO HOA. ACCESS TO LAKE MINNEHAHA** Welcome to this spacious three bedroom, two bath, two car side entry garage home located o... (more)
# G5069464
Real Living R E Solutions
10
106 E MAGNOLIA STREET
Davenport, FL 33837
$285,000
For Sale
3
Beds2
Baths960
square feet,
INCOME PRODUCING PROPERTY-INVESTMENT OPPORTUNITY. TENANTS WOULD LIKE TO STAY. TENANTS ARE ON MONTH TO MONTH RENTAL AGREEMENT. CO... (more)
# G5069566
Engel & Volkers
30
3530 FAIRWATERS COURT, #C
Clermont, FL 34711
$324,500
For Sale
2
Beds2
Baths1,374
square feet,
One or more photo(s) has been virtually staged. Welcome to Heritage Hills a 55 plus community in beautiful Clermont! This 2 bedroo... (more)
# O6115019
Bhhs Florida Realty
62
3472 KINLEY BROOKE LANE
Clermont, FL 34711
$480,000
For Sale
3
Beds3
Baths2,006
square feet,
Welcome to Heritage Hills. 55+ COMMUNITY with everything you need. Resort style heated Pool and Spa, Tennis and Pickleball Courts... (more)
# G5068826
La Rosa Rty Winter Garden LLC
50
8954 CANDY PALM ROAD
Kissimmee, FL 34747
$434,950
For Sale
4
Beds3
Baths1,884
square feet,
Welcome to your dream home in the gated Paradise Palms Resort! This beautiful 4-bedroom, 3-bathroom Townhome is conveniently situ... (more)
# S5086016
Team Donovan
55
12180 OBELIA LANE
Orlando, FL 32827
$739,000
For Sale
4
Beds4
Baths2,514
square feet,
Welcome to the resort-style community of Village Walk in Lake Nona, Orlando, FL! This exquisite waterfront home embodies contemp... (more)
# U8198338
Exp Realty LLC
11
1464 CUMBERLAND AVENUE
Davenport, FL 33837
$333,680
For Sale
3
Beds2
Baths1,461
square feet,
Under Construction. Is it time for a well-deserved upgrade? Step into pure luxury with the Annapolis. This exceptional home is com... (more)
# T3450216
Lennar Realty
21
6024 BROAD OAK DRIVE
Davenport, FL 33837
$1.35m
For Sale
11
Beds10
Baths4,973
square feet,
INVESTORS! Incredible opportunity to own a TOP income producing last year over $110k ! Excellent ROI .This 11 bedrooms and 10 Bath... (more)
# A4572189
Fine Properties
11
308 LOCH COURT
Davenport, FL 33837
$331,680
For Sale
3
Beds2
Baths1,461
square feet,
Under Construction. Is it time for a well-deserved upgrade? Step into pure luxury with the Annapolis. This exceptional home is com... (more)
# T3450210
Lennar Realty
30
405 SUMMER SQUALL ROAD
Davenport, FL 33837
$398,900
For Sale
3
Beds2
Baths1,675
square feet,
This beautifully 2020 built single story home is located in this well sought after community and it's amenities in Champions Reser... (more)
# S5085169
Mavrik Real Estate LLC
38
17052 WATER SPRING BOULEVARD
Winter Garden, FL 34787
$627,515
For Sale
4
Beds4
Baths2,489
square feet,
Under Construction. In the Waterleigh Community, The Clearden is a 4 bedroom/3.5 bath home with the master bedroom, 2 guest bedr... (more)
# O6115901
D R Horton Realty Of Central Florida LLC
56
7552 EXCITEMENT DRIVE
Reunion, FL 34747
$699,000
For Sale
4
Beds3
Baths2,826
square feet,
Welcome to 7552 Excitement Drive in Reunion where you will find everything that you need for a true resort lifestyle. Offering a... (more)
# O6114316
Fathom Realty Fl LLC
39
8416 BLUE LAGOON DRIVE
Kissimmee, FL 34747
$360,000
For Sale
4
Beds4
Baths1,645
square feet,
*TWO RENTAL UNITS IN ONE, FULLY FURNISHED, READY FOR BOOKINGS!* SHORT TERM RESERVATIONS ALLOWED!* Expand your Portfolio and Buy ... (more)
# O6115608
Ds Realty Group LLC
22
1249 WINTER GREEN WAY
Winter Garden, FL 34787
$195,000
For Sale
2
Beds2
Baths1,144
square feet,
This 2 bedroom 1 1/2 bath townhome has a nice sized living/dining room area and a spacious kitchen. There is a laundry/storage cl... (more)
# O6115822
Watson Realty Corp
24
10635 VILLAGE LAKE ROAD
Windermere, FL 34786
$495,000
For Sale
3
Beds3
Baths1,850
square feet,
Excellent opportunity to own a luxury home! This elegant 3BR/2.5BA townhome is beautifully appointed and has an ideal location. Th... (more)
# S5085967
Altis Realty
35
16584 POINT ROCK DRIVE
Winter Garden, FL 34787
$561,740
For Sale
3
Beds3
Baths2,216
square feet,
Under Construction. The Bellake is a beautiful a 2 story, 3 bedroom 2.5 bath with den/flex space. The kitchen features stainless ... (more)
# O6115843
D R Horton Realty Of Central Florida LLC
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