Which is a better investment… an existing home or a newly constructed home?
You need to consider all the important things in your decision, but the ultimate choice, of course, is yours. Most new homes are comparably priced and include a complete 100% first year warranty, a limited 10 year warranty, everything is brand new, and nothing to worry about for a long time. The overall maintenance required is very minimal due to the nature of the newest products used in building today. On the other hand, a used home may need painting, new carpet, new roof, new hot water heater, new furnace or other major improvement almost immediately or shortly after you move in.
