Quote:
Originally Posted by Dutchman
Would like to hear your reasoning!
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I have been looking for a house and many of the pre-owned houses are priced higher than comparable new houses. I always look to see how much appreciation the pre-owned homeowner expects to get when selling, and I often find that they are expecting too much. If the house is relatively new, it seems like the seller is trying price the sales commission into their asking price so that the buyer effectively pays it. The seller should expect to pay the commission. Also, the new homes come with an excellent warranty and you are certain that the price is going to be competitive. So, in my opinion, new houses offer a better deal, but not in all cases.