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Buying Land and New Construction >Buying New or Buying Old
New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.
Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.
New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.
Kristin Gwaltney Kristin Gwaltney Team / Keller Williams Realty 933 Tracy Lane, Suite C Clarksville, TN 37040 Direct: 931-233-9770 Office: 931-233-9770 Fax: 931-802-8735 KristinGwaltney@NUMBER1EXPERT.com
Kristin Gwaltney was born and raised in Ashland City, Tennessee. Kristin became a Clarksvillian in 1991 when she began college at Austin Peay State University. Upon graduating from Austin Peay State University with a degree in Marketing & Sales, she went into the Nashville Film Industry Producing nationwide commercials as well as working on several public relation pieces and music videos. In 2001 Kristin permanently moved to Clarksville, Tennessee and decided to start her own business in Real Estate and put her marketing & sales skills to work in the local community. In 2004 Kristin & her husband Grayson merged with Crabbe Construction, LLC where their main goal was to build quality homes for the people in their community. “It is my goal to make a difference in every one of my clients home buying and selling experience and give back to the community my family is so proud to be a part of.” Kristin is committed to values of excellence in all areas of her professional and personal life. You and your home will ALWAYS be a priority. Whether buying or selling an existing home, new construction or investment property, her service, professionalism and enthusiasm are second to none!
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