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Opinions on buying new homes vs remodeled homes?

Posted on 3/1/21 at 10:51 pm
Posted by Geauxbreauxz
Huntsville
Member since Feb 2021
114 posts
Posted on 3/1/21 at 10:51 pm
Buying new home vs remolded home. Your thoughts?
This post was edited on 3/1/21 at 10:57 pm
Posted by Eli Goldfinger
Member since Sep 2016
32785 posts
Posted on 3/1/21 at 10:53 pm to
Buy an outdated home and upgrade if you have time & some skills...and can actually finish a job.
This post was edited on 3/1/21 at 10:54 pm
Posted by HempHead
Big Sky Country
Member since Mar 2011
55437 posts
Posted on 3/1/21 at 10:54 pm to
Depends on the age of the remodeled home.

I'd buy a well-done remodel of a 100yr old house every time over new construction, outside of something extremely expensive and custom.
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17124 posts
Posted on 3/1/21 at 11:15 pm to
quote:

Buying new home vs remolded home. Your thoughts?


If it is a flipped home you better get a phenomenal home inspector.

Way too many corners cut on most flipped homes
Posted by llfshoals
Member since Nov 2010
15326 posts
Posted on 3/2/21 at 5:01 am to
I’m a realtor, I see a lot of flips.

Both things boil down to one thing. Who did the work.

There are new home construction people I wouldn’t buy from if I had to, and I steer clients away from them. Their work is shabby, and they use cheap materials. Same with some flippers I know.

With a new home you get a builders warranty for a year. Any flip you buy get a home warranty on the deal. It won’t solve all your problems, but it can help.

I would check around on builders, and build new. Most importantly visit the site daily and don’t be afraid to red tag something you don’t like.

Just being there frequently tends to keep builders on their toes.
Posted by RexKramer
Chicago
Member since Nov 2020
411 posts
Posted on 3/2/21 at 5:18 am to
Are you a first-time buyer? If so, go new. If you are not and have the tools/capacity to fix things go renovated. Either way, become friends with your local hardware store,because you will see them often. Good luck and hope it works out.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67478 posts
Posted on 3/2/21 at 5:35 am to
quote:

Buy an outdated home and upgrade if you have time & some skills...and can actually finish a job.

Except you can't update old plumbing in the foundation
Posted by SixthAndBarone
Member since Jan 2019
8113 posts
Posted on 3/2/21 at 6:08 am to
I looked at a new house and a 30 year old house. I bought the new house because the old house would have cost much more once I renovated.

New House: The new energy saving materials (windows, insulation, split a/c, etc) are great and IMO worth every penny of a new house.

But there’s no craftsmanship and everything was put together by cheap unskilled labor, probably non English speaking labor. It’s just not built quality like an older home.
Posted by yellowfin
Coastal Bar
Member since May 2006
97604 posts
Posted on 3/2/21 at 6:13 am to
I’m most concerned about location. Best location for the most part are older homes
Posted by Dragula
Laguna Seca
Member since Jun 2020
4855 posts
Posted on 3/2/21 at 6:18 am to
Also keep in mind while new, the new home will likely have builder grade, low quality finishes. I was blown away at the builder grade finishes installed even in $1.5 million dollar home.
This post was edited on 3/2/21 at 6:24 am
Posted by brewhan davey
Audubon Place
Member since Sep 2010
32775 posts
Posted on 3/2/21 at 6:22 am to
quote:

materials


You nailed it — it all comes down to the quality of the materials.
Posted by cypresstiger
The South
Member since Aug 2008
10568 posts
Posted on 3/2/21 at 6:30 am to
I’ve always bought remodeled older homes bc they’re less cookie-cutter, yards tend to be bigger, I like mature trees. Either way you go, Be sure to take your time, do your homework, keep a clear head about your decision.
Posted by DeltaTigerDelta
Member since Jan 2017
11255 posts
Posted on 3/2/21 at 6:35 am to
I live in a 20 yr old home and want a new one but with the current price of building materials it seems like new ones cost about a third more per sq ft than one even 10 years old. It is amazing how little you get for $400K in new construction north of ATL vs. the same size home in the same area in an established neighborhood.
Posted by deltaland
Member since Mar 2011
90410 posts
Posted on 3/2/21 at 6:39 am to
quote:

there’s no craftsmanship and everything was put together by cheap unskilled labor, probably non English speaking labor. It’s just not built quality like an older home.


This is what I hate about modern homes and throw cars in there too. No uniqueness, no pride in the work, just build it fast and cheap and plain.



Compared to



Just the hand carved craftsmanship in homes from the 1800s to 1930s is incredible. I grew up in a 7,000 sq ft home built in 1910. The oak and pine wood floors, hand carved tiger paw fireplace mantles, hand crafted pillars on the porch, house was just gorgeous. And solid as a rock. You couldn’t punch a hole in those walls it would break your hand. Took 3 people to carry 1 door. The doors were like 2 inches thick and 10 feet tall

Posted by Gravitiger
Member since Jun 2011
10366 posts
Posted on 3/2/21 at 6:42 am to
quote:

I grew up in a 7,000 sq ft home built in 1910. The oak and pine wood floors, hand carved tiger paw fireplace mantles, hand crafted pillars on the porch, house was just gorgeous. And solid as a rock. 
News flash: Most homes from 1910 weren't as nice or well-built as yours. They were built "fast and cheap and plain" and hence have been destroyed.

You're comparing a H4H starter home to a mansion. A 7k square foot modern home is also gonna be tricked out ridiculously nice.
This post was edited on 3/2/21 at 8:30 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/2/21 at 6:43 am to
quote:

1920s home
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118806 posts
Posted on 3/2/21 at 7:00 am to
quote:

Opinions on buying new homes vs remodeled homes?


Having just built a new home, I would suggest buying an existing and remodeling. No matter how much you pay, there are always issues that frustrate you, and if you are like us, the yard was 100% tore up during construction, and everything is a mess constantly.
Posted by Amon
Member since Jun 2020
300 posts
Posted on 3/2/21 at 7:10 am to
With the current price of lumber, It would try to keep framing to a minimum. As of this weekend, newer homes in Prairieville are selling for at or slightly over $200 a foot.
Posted by MikeBRLA
Baton Rouge
Member since Jun 2005
16448 posts
Posted on 3/2/21 at 7:14 am to
quote:

You're comparing a H4H starter home to a mansion.


The mansion pictured is the 30,000 sf Longwood plantation in Natchez MS. Not to derail the thread but if you are ever in the area I’d recommend a tour of it. Very interesting history of the unfinished plantation home.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65426 posts
Posted on 3/2/21 at 7:22 am to
quote:

Buying new home vs remolded home. Your thoughts?
New > Mold >>>remolded
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