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New Home Construction Versus Buying An Existing Used Home

Pratt Homes / Blog / General News / New Home Construction Versus Buying An Existing Used Home
September 23, 2018 General News

We are currently in one of the longest seller’s markets in recent memory. Although buying an existing home can often be simpler than building a new home, it can be difficult to find a used home that meets all your needs. Chances are your ideal used home already has a contract on it, and you’re a day too late. Your best option may be to build a new home.

When you are buying a used home, it is often less stressful due to the fact that with the house already being built there are fewer decisions to make. Your time from purchase to move in is also much faster. But depending on the age of the home, there could be hidden costs waiting to pop up. If the home was built five years or thirty years ago, there is a laundry list of items that must be examined as needing replacement. No used home remodel goes as quickly or as smoothly as those home renovation shows would lead you to believe. For roughly the same price as a new construction home, you will get an older home with wear and tear from its previous owner(s). That house will also probably be less energy efficient and require more maintenance than a newly built modular home.

Modular home construction can be a great option for building a new custom home.

Taking only a fraction of the time from purchase decision to delivery, you can be living in your new modular home much sooner than a custom stick built home. Modular homes are built in a highly controlled and efficient manufacturing facility. You can customize almost any aspect of any one of our modular home floor plans. You pick the fit and the finish. It’s your new modular home designed, built, and delivered faster than you could have imagined.

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