When we work with homebuyers, we strive to help them find the most perfect house possible for them. We want all our clients to feel like they are the luckiest homeowners in Nashville. Sometimes this means introducing a real estate listing that might not typically be on their radar.
For example, a young family may think they want an older home with lots of “charm” but after viewing an upcoming neighborhood development, wind up much happier with a brand new home. Resale homes and new construction homes both offer pros, which leads us to this week’s This or That: Resale vs. New Construction.
Resale
One of the biggest reasons to purchase a resale home is location, particularly if the home is in a desirable city or neighborhood. Even if the home needs updating or extra work, an established community setting is appealing for families who may already be aware of the neighborhood’s activities or amenities. We often see homes for sale in Franklin, Brentwood, and East Nashville fall into this category.
Additionally, resale homes can offer extra character that may be missing from new homes, particularly in architectural features. For example, the craftsman style homes for sale in East Nashville offer new homeowners a great framework with which to work when they move in.
Finally, resale homes may simply be more readily available. Sometimes with new construction, there are timing issues or delays that make it impossible to wait until the completion date. New neighborhoods, especially in Franklin and Brentwood, still sometimes sell out before construction is completed, leaving potential homebuyers wondering how they can find a new home in the neighborhood they want.
New Construction
While new construction developments may lack character or an established community, they have a whole separate set of benefits. If purchased early enough, the buyer can work with the builder on special and customized features such as higher countertops or desired paint colors. There is also a sense of security knowing the home is up to date on current standards and codes. Finally, with all new appliances and materials, home repairs are much less likely, meaning fewer cash expenses during the first several years of ownership.
There are several new home developments in the Nashville area, from Franklin to East Nashville and all points in between. If you are interested in looking at homes for sale in the Nashville area, new or old, get in touch, and we’ll be happy to show you around!