Buying a home is complicated; it can be hard to tell whether it’s smarter to buy an older home and renovate it or buy a new home. The cost of renovations can be hard to predict and depends on a variety of factors, but new construction has some solidly established pros for prospective buyers to consider.
They’re Customizable—To an Extent
New homes are famous for being highly customizable. You’re given options rather than being set free in a tile shop, however, and some of the nicer options are upgrades that add cost. If you’re on a tight budget, you might still have to make some compromises in material or design. While renovations are limited to the square space already available, the only limit to customization is your budget.
It’s Easier To Stick To Your Budget
Renovations almost always come with at least a few surprises that drive the cost up; …
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