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Originally Posted by margaretmattson
We were working with a VLS agent for a couple of months. Each time, he showed us the new spec homes but no resales. He kept telling us resales are more expensive and not worth looking at. I started working with an MLS agent and found the reverse to be true. The resale home that we are currently under contract cost us much less than new with a beautiful view as a bonus. Landscaping, gutters, epoxy garage already complete. It pays to be patient and to use two realtors.
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One of the first things our agent asked was if we wanted to look at resales. We said if the location is right, no carpet, not a kissing Liani, not near anything noisy, and price was right, yes, but what we noticed was the resale houses we could be interested in cost more per square foot than new, presumably because they were in an established neighborhood closer to the squares. We checked Zillow and Realtor too for sales not covered by TV agent. And, IMO, the older original area homes are not nearly as updated, plain bathrooms, etc., and would cost $$$ to remodel.