Modern Resale Homes

Buying a new home doesn't necessarily mean buying something brand-new; there is a wide range of modern resale homes in a variety of sizes and styles to choose from, ranging from vast detached homes surrounded by large gardens, down to small studio apartments.

Advantages

There are many advantages in buying a modern resale home over a brand-new property, such as:

• There are no 'teething troubles' usually experienced by new-build houses
• The previous owners may have made a variety of upgrades and improvements
• They usually offer better value for money
• The furniture, carpet and curtains may be included in the price
• They are usually located in an established development with a range of local shops, services and facilities already in place
• You are able to assess the overall quality of a development, the neighbourhood and check out your neighbours
• They often have a mature garden and trees

Disadvantages

However, there are also a number of disadvantages compared to a new-build property. This primarily depends on the age of the resale home and how well it has been maintained by its previous owners. Problems may include:

• It may be lacking the benefits of a new home (central heating, double glazing) unless it has been modernised
• There may be no warranty
• It may have an inferior design and poor build quality
• May need redecorating, new carpets and curtains
• It may be in a poor state of repair and need complete refurbishment
• May have damp, rot or woodworm infestations