I actually looked at both when I moved here and ended up with a pre-owned home. Just happened to find a lot and house that I really liked. Two major items influenced my decision. One was the landscaping - I am not into that big time so I wanted a home with "mature" landscaping. Sure, my bride tweaked it some but not a whole lot once we moved in. Basically, it had mature trees and bushes and shrubs already in place. The second was the bond. To start with, the older the area, the less the bond was initially (I have heard they can be up to $20,000 now, mine was $5,000 when the house was built). When I purchased, the bond was about 1/3 paid off already. I was actually looking for a resale that had "bond paid off" but never found one I liked with no bond so this was a (little) compromise.
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