There are some great deals on used homes, and you may only have to spend a few thousand dollars to have those upgrades you want, added, if they are not already in place. You'll have mature landscaping, and you may not be paying $20,000 or more towards a bond. Many people get caught up in the sales pitch and the desire to have brand new. There's nothing wrong with that - its easier, it has its pluses in terms of being in a new neighborhood where everyone else is new, the home warranty, etc. Its more work in terms of looking around, making purchase offers etc, and then doing minor refurbishing, but in the long run I think a person can make out better financially at this point in time with a used home. And used homes are generally less than 10 years old, so it isn't like they are really really old. A few years ago I wouldn't have said this. During the housing recession people got some great deals on new homes in certain Villages. But prices have gone up, and I don't believe you can do as well any more with a new home. If you want brand new, you'll be paying for it.
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