Should I Buy an Existing Home or a New Build?

michael millet | Oct 5, 2022 | Category: Real estate agent in Las Vegas, Nevada

Alejandro Grimaldo - Las Vegas Real Estate Agent - All questions

Address: 8625 S Eastern Ave, Las Vegas, NV 89123, USA

Alejandro Grimaldo - Las Vegas Real Estate Agent | Oct 5, 2022

Hello Michael, Both are great choices but It depends on what you and your family are looking for. If you are not the kind of person who has time to work on renovations and you are not willing to put your family through major disty rehabs, well then, a new build is the way to go. If you have the energy to rehab a home yourself or with the help or family and friends, then i'd say get a resale home that has not been upgraded and you will reap the rewards in equity by doing all of the upgrade. Also, you and your significant other will choose all of the upgrades to your liking. A second of why I would recommend buying a resale home would be, if you want to live a specific well known community that is close to schools, work, family or friends. There are many resale homes in Las Vegas, Nevada that would make a great home for many years to come. Please let me know if this was helpful and if you have any other questions, please don't hesitate to ask. Thanks, Alejandro Grimaldo - LV Agent

Alejandro Grimaldo - Las Vegas Real Estate Agent | Oct 5, 2022

Both options have advantages, and it all depends on what you want in a home. Since we’re in a seller’s market and listings are sparse, purchasing a newly built house is a great solution. That said, such a home often commands a higher selling price precisely because everything is brand new. Furthermore, they also tend to be located in up-and-coming or less established neighborhoods. All this means is that they tend to be away from central locations but if you don’t mind driving, they are a great option. Think of it this way… everything in the house will be brand new and you might even be including some upgrades which will make it more like your dream home. Check out our Las Vegas New Home, Better Living Ideas. On the other hand, an existing home may have a lower selling price but might also require ongoing fixes that you may or may not be willing to undertake. Is it time to replace older windows?

Add Answer

Thanks! Your answer is awaiting moderation.

Trending Places