Buying a newly built home
February 2, 2006 12:59 PM Subscribe
What are some advantages and disadvantages of buying a newly built home?
posted by ND¢ to home & garden (19 answers total)
My wife and I live in Columbia, SC. We are looking to buy our first home. She grew up here, and the area around her parent's house is really expanding. There are about a half a dozen new home communities being built there right now. She would like us to purchase a home in one of these communities. They are within our budget, and seem okay; but I have several problems with this idea: all the homes look the same, you are within 15 feet of your neighbor, the homes do not seem to be all that well built, etc. On the other hand, I am not the slightest bit handy, so I don't want to buy a house that requires a lot of maintenance, and a lot of the non-new homes that we have seen are either not very nice or outside our price range. I was looking for advice on aspects of buying a house in a 'cookie cutter' community that I hadn't thought of. The chances of the home increasing in value? The risk involved? The quality? I have looked at various sites, but didn't come across anything that was very helpful. Thanks in advance for your advice.