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Building a New Home vs. Buying an Existing Home

Rent, Buy & Sell

So you want a home that is brand new rather than one that has been previously lived in. Great, now you need to decide if you want to self-build your home or purchase a new construction. New Construction Home. New build homes are more costly upfront, however they have fewer repairs initially than an existing home.

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10 Steps for Navigating the New Construction Home Buying Process

HomeLight

The average cost of building a new house can range between $165,563 and $474,977 , and it could save you up to 15% in comparison to buying an existing home — but what do you know about the new construction homebuying process? Have you weighed all the pros and cons of buying new? Pros of new construction.

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Tips for Marketing High-Performance Homes

The Residential Specialist

After getting an energy audit through a home inspection company, he followed recommendations to install foam insulation in the attic, replace the furnace and heat pumps with more energy-efficient models, and add solar panels to the roof. “The Builders that received federal incentives for new construction could pass those savings onto buyers.

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Buying a New-Construction Home: Pros and Cons All Homebuyers Should Know

Realtor.com

Getty Images While buying a newly built home may not be the first thought to come to mind for homebuyers, purchasing new construction is a common option that comes with distinct benefits in today’s market. New construction can refer to single-family homes, condos , or apartments, and are available across the U.S.

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The Ultimate Guide to Augmented Reality: Real Estate Reimagined

The Close

It overlays digital information onto the real world, making it possible to see how furniture looks in a room, visualize completed renovations or new construction projects, or take virtual tours of properties from anywhere in the world. Renovation Visualization Ever have had one of those fixer-uppers that just doesn’t sell?

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Stop and Ask These 23 Questions When Buying New Home Construction

HomeLight

A new construction home — yours from the ground up, with no prior owners — sparkles with possibility. Here, we’ve enlisted the expert advice of top agents, industry insiders, and recent homebuyers to address key questions to ask when buying a new construction home. Should I hire an agent for new construction?

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Be Your Own Builder: The Cheapest Way to Build a House

HomeLight

New construction might seem less expensive — but if, for example, it doesn’t include landscaping, and that’s something you have to do yourself after closing, that can be expensive. Buying an existing house could be less expensive than building new if you can find a deal on a fixer-upper and put in some sweat equity.