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| jeepgirl30 |
 Posted: Sun Feb 20, 2005 1:59 pm Post subject: Building vs Pre owned |
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Investing Sr. Associate
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Not sure pre owned is the correct term, sounds more like a car!
We want to build a home but I'm not sure its the best thing to do. Anyone have pros/cons of building versus a pre owned? |
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| paula0000 |
| Posted: Sun Feb 20, 2005 3:30 pm Post subject: new or resale |
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Investing Manager
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| I like a resale home as the fence, driveway, curtains finished basement etc are often already included. |
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| chop456 |
| Posted: Mon Feb 21, 2005 3:09 am Post subject: |
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Investing Sr. Associate
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I always had the impression that to build a new home would cost more - need for land, unintneded upgrades, landscaping, etc. However, you are able to really customize the home for your use. When we do build a house, if we ever build a house, I know the extras will add up quickly.
And, I have heard the saying that if a marraige can make it thru building a house, the marraige will last forever!!! I guess there is that much stress involved! |
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| jeepgirl30 |
| Posted: Mon Feb 21, 2005 5:44 am Post subject: |
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Investing Sr. Associate
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| We are looking at Ryan homes. The lot and home are rolled into one. They also do landscaping, driveway, etc as part of the production. However there are a lot of add ons we would want. If we are building we'd want to add things like the oversized tub, tray ceiling, upgrade carpet pad, etc. |
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| mrsboz |
| Posted: Tue Feb 22, 2005 10:29 am Post subject: |
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Investing Sr. Associate
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there is nothing like a new home.
Everything is just like you want it. It is expensive for every little extra that you pick though. it adds up so fast. When you already have a house built there are a lot of little extras that are already there. It is kind of like a car. When you buy second hand you are able to afford a lot more for your buck. |
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| jeepgirl30 |
| Posted: Tue Feb 22, 2005 10:32 am Post subject: |
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Investing Sr. Associate
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It is all so much to consider. When you buy an exhisting home you have the expense of making updates, upgrades, remodeling etc.
I was always told that cosmetic things should not influence your decision when buying a home. However that can really add up too. |
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| trixiezzz |
| Posted: Tue Feb 22, 2005 6:52 pm Post subject: |
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Investing Manager
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| Also, if foundation problems exist in your area of the country, an already established home 2-5 yrs old will be 'settled' enough that if you are going to have problems with the foundation they will have already shown up. |
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| ladyelle |
| Posted: Wed Feb 23, 2005 9:41 am Post subject: |
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Investing Associate
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| We have built two new homes. The extras really do add up. In Michigan, most of the builders are custom and it seems like everthing is extra. After you close, you now have to pay for lighting fixtures, appliances, flooring, air conditioning, shower doors, closet shelving, towel and tiolet paper holders, flooring, sprinklers, landscaping, patio or deck, and on and on. |
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| eagertolearn |
| Posted: Wed Feb 23, 2005 12:12 pm Post subject: |
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Investing Sr. Associate
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| I prefer a house that has been lived in. Seems to have more "character". New homes leave me feeling cold. |
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| lmountford |
| Posted: Wed Feb 23, 2005 12:54 pm Post subject: |
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Investing Sr. Associate
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| I do like the idea of building a house because it could be designed to suit your needs exactly. However in the UK we still have large chunks of our housing stock which is over 100 years old, our house was built in 1866 which is quite late compared with some others in our town. Many of these properties have an enhanced value, particularly where period features have been retained because their 'character' makes them desirable. Upkeep costs are higher than a new house but because most are solidly built not appreciably higher than less well constructed homes of the 1060s and 1970s. I suppose I'm saying new is luxurious but old / very old can be desirable too. |
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| jeepgirl30 |
| Posted: Wed Feb 23, 2005 2:48 pm Post subject: |
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Investing Sr. Associate
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| I like Ryan Homes as they do have a lot of the extras included like basic appliances, light fixtures and basic landscaping. However extras like carpet upgrades are really needed. |
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| wallace6 |
| Posted: Fri Feb 25, 2005 2:50 pm Post subject: Buy vs Build |
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Investing Sr. Associate
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We have done both. We have bought "used" and built. They both have their advantages. We loved being able to have our house built just like we wanted. It was stressful though.
We have also purchased a home from the owner and remodeled it. It was a lot less expensive in the per square foot cost. It was in a decent neighborhood and we came out great when we resold it. |
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| JoiseyFamily |
| Posted: Fri Feb 25, 2005 5:25 pm Post subject: |
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Investing Associate
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| I've lived in new and "used". If I had a choice my next home would be new. I want things to be my "choices" and what and how I want. |
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| paula0000 |
| Posted: Thu Mar 03, 2005 3:07 pm Post subject: |
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Investing Manager
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| My first choices so far from what I've seen would b e "near new"- like 1 to 2 years old. A lot of the money into decorating and landscaping has already been spent. But then you have the advantage of the newer windows, roof, furnace etc. |
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| fpduck |
| Posted: Fri Mar 11, 2005 9:44 am Post subject: New vs pre-owned |
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New Poster
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| At least in the Coatesville / Downingtown area where me and my fiancee are looking, building is about the same price as buying old. About $100/ square foot. |
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