Davidson Realty, Inc.

New construction or existing home: 3 not-so-obvious questions

June 11, 2019

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Posted by in Agent Feature, New Home Construction, Northeast Florida Market Trends

When you move to the First Coast, you have some decisions to make. Will you move to the city, suburbs or beach? Will you choose Jacksonville, St. Augustine or another nearby town? And of course, will you look for an existing home or new construction?

 

Each of these decisions comes down to personal preference, plain and simple. It’s often said newly constructed homes cost more now but may be less costly than older homes in the long term. Beyond the numbers, there are other fairly obvious differences—aesthetics, access to amenities and good schools, appliance warranties, neighborhood, and so on.

 

Here are three important but not-so-obvious questions that may help you decide:

 

Do you want more house or more yard?

While there are certainly exceptions, many existing homes tend to be on larger lots and boast less square footage inside. The average home built in 1990 barely broke 2,000 sq. ft. while homes built today average nearly 2,700 sq. ft.

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