If you are stuck on choosing between buying a new Scottsdale home or a previously owned one, the following information may prove useful while you are agonizing over this decision. It’s important to consider all of your options before signing on the dotted line. Sure, there are some serious advantages to owning a new Scottsdale home, new fixtures and the latest regulations– but before committing to a developer, you should take the time to see what’s already available on the market. You could end up with a great deal on an older home, even after factoring in the cost of upgrading and including all the bells and whistles you want.
Here’s a quick review of the advantages of buying a new home:
When you buy a new Arizona home, you often have the option to choose the fixtures you want which means you can get exactly what you want, right away, which can save you money on renovations.
Every new home in Arizona has been built with the latest safety codes and regulations, by law.
When you get a new Arizona home, you’re also getting new insulation, plumbing and heating/air. Repairing or replacing these things can cost more than a mortgage payment, so this can be a real money saver.
Most states require builders to offer warranties on new homes. Sometimes, these warranties can extend up to 10 years – so you can rest assured that your new Scottsdale home has been made to last. With pre-owned homes, it’s up to the Seller to decide whether or not to include a warranty (although it’s common for Buyers to request them).
There are also some significant benefits to buying a previously owned home:
It’s often cheaper to renovate an older home than it is to have a new Scottsdale home customized. With some time, research and luck, you might even be able to find a pre-owned home that already has the same features and finishes you’ve always wanted – without any added cost involved.
Many new housing plans are more centrally located, so if you’re looking for something closer to the city (or your job, or in a particular school district), it’s probably a smarter move to buy a pre-owned house instead of a new Scottsdale home.
Older homes have had time to “settle,” so you know if there are problems with the foundation and general construction of the house before you buy it.
With foreclosures and short sales taking place every day, great deals on older homes are easy to come by. With the housing market being what it is these days; it’s harder to get a similar deal on a new home Scottsdale.
So many decisions to consider. It is important to find a perceptive Realtor who can help you determine the best option for your needs. It is also important to make sure you clearly voice your preferences. Clear communication can save valuable time and money during the process.