Quote:
Originally Posted by 2 Oldcrabs
Re-sales have a "wear & tear" factor to look at. At some point the roof, HVAC, water heater, appliances and kitchens will need replaced. New homes should be more energy efficent. Some re-sales are priced higher than new,even when looking at the bond. Need to look at all factors whether you buy new or re-sale. Need to do what you are comfortable with. When you buy new the "wear & tear" factor kicks in.
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Another good point- all systems have wear out dates -all appliances, heating and cooling , roofing etc, Again these must be factored in when deciding whether a lower bond(usually older home)is really a better investment. A properly prepared appraisal with appropriate adjustments for time, location and useful life is also important. If these considerations are factored into the spreadsheet, then the possibility of a good decision is enhanced. Low or no Bond does not necessarily mean a better value.