When you’re in the market to buy a home, one of the biggest decisions you’ll face is choosing between a resale home or a new construction home. It’s important to understand the difference between a resale home and a new construction home and know how the two are separated.

A new construction home is a brand-new house built from the ground up. It has never been lived in, and everything from the foundation to the roof is newly built using modern materials, building codes, and energy-efficient technologies. With Chesapeake Homes there are options to choose between. You can buy a personalized pre-sale home or a move-in ready home. A presale allows buyers to pick a homesite, a floor plan, structural options, and all the interior finishes to create their home. A new move-in ready home is a designer-curated home with all the options pre-chosen for you by our team. This is helpful for those who are looking for the benefits of a new home but do not have the flexibility to wait during the build time.

A resale home is a previously owned property. It could be 2 years old, 5 years old or 50 years plus. These are aged homes that have history.

1.      New Construction Personalization

One of the biggest advantages of buying new construction is the ability to personalize your home. Buyers can choose their preferred floor plan for that community and decide what add on items they would like to upgrade to. Want a third car-garage? How about an extra bedroom or a gourmet kitchen? All of these are options that you can add on when building from the ground up. Plus, you can’t forget about the state-of-the-art Design Gallery, where you can pick and choose all your interior finishes. Watch your dream home grow right before you.

2.      Home Maintenance and Repairs

With a new construction home, everything is brand new. That includes your roof, appliances, HVAC system, plumbing, and everything in between. This means maintenance costs are minimal. New homes also come with a warranty, offering peace of mind to buyers even as their home ages. With resale, homes could have hidden costs or outdated systems. Buyers may face unexpected repair bills once they have moved into the home.

3.      Modern Layouts and Design

When it comes to buying a new construction home with Chesapeake Homes, you will be getting the most up to date design and tools for your home. We build new homes with today’s lifestyles in mind. This means open concept living, flex spaces, larger kitchens, and space for storage. Additionally, as trends change so do we. From the flooring to the faucet on your sink, we only keep the latest and greatest in our homes. Older resale homes can have outdated layouts that may not suit modern living preferences. You can update your resale with renovations but those can be costly projects.

4.      Home Price and long-term value

While the upfront cost of a new home might be slightly higher, you’ll often save more in the long run with lower repair costs, energy efficiency, and appreciation. New homes tend to appreciate well into growing communities. Plus, with Chesapeake Homes incentives and our partnership with Tidewater Mortgage, we are always finding ways to get you into your dream home. Resale homes may come with a lower initial price tag sometimes, but the total cost of ownership can increase over time.

If you’re deciding between resale and a new home, let us help you explore all the benefits of buying new. Reach out today to book your appointment to tour any of our model homes and have your questions answered by one of our New Home Specialists.