Quote:
Originally Posted by Pairadocs
The reasons to buy an existing home are numerous, as we found out when we bought NEW, but most of us have no idea when we are new to the development. NOW, we realize the expense of even such things as: driveway enhancement with pavers or painting, fitted closets with much more than a simple rod and a wire shelf, window treatments and/or plantation shutters, gutters and gutter guards, flooring of and installing stairs to the attic above the garage, enclosing a lanai, landscaping beyond the a single tree and a few very inexpensive bushes, roll out cabinet and pantry shelves, garage shelving and storage components, I could go on literally for two more paragraphs with the additional costs we incurred for all the things you are likely get with a with preowned home but do not amount to a huge difference in price. Other considerations are many preowned homes have no bond or at least a substantial portion already paid off. You really REALLY have to do detailed research and not take the opinions of any of us who post, including this post ! LOL !
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To each their own and there are two sides of the coin here, and yes, anybody reading this don't just take my word for it do the research. Bought a new CYV a couple of years ago. The older CYV's that we actually liked were about 100,000 more give or take. The older style ones with the curved driveways were not even considered.
We did the landscaping ourselves, saved thousands upon thousands of dollars. Closet organizers? Same, did them ourselves saved a bunch of money. Right on down the line. Our home came with new everything, electrical, plumbing, A/C, heater, tankless water heater, windows, roof, appliances. The open layout of the house is so much nicer than the older ones.
Walls, baseboards, doors, floor, carpet, handles all brand new none of it buggered up. The insulation on this home is superb. Yes, it most certainly cost more money to add the extras. But we have found the used homes that have all those extras naturally are more expensive than the used ones that don't come with it and/or have only had a few things done to it, and you would still have to spend money on making it that way. Last I checked the value of our home is close to a 100,000 more then when we purchased it and the 100,000 we saved instead of forking out on an older home sits in an interest bearing account. Yes, much to be considered.