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New Houses 

Recently constructed homes have high quality get a grip on standards, newer building practices, and better energy efficiency than many older homes. They often times take good money alternatives and a 1+ year guarantee. The disadvantage is that while they are easy to get into, it's very difficult to market them for a few years (especially when the contractor remains in the community), and the ultimate price is frequently greater than an older home (although they usually require very little up-front money, and many contractors will give thousands of dollars of improvements and incentives.) The neighborhood won't be founded, there will be very few shade trees like within an older neighborhood, and it will do have more of a frontier experience. If you like new and shiny like a new car, then a clean scent of a new home will undoubtedly be your point. 

Present Domiciles 

These are owned by homeowners who want to sell their homes. They have been professional, and might be better made than newer houses. Many people just like the fact that they have the charm and history of having been lived in - in fact, several customers think that a brand new home is "cold" when it hasn't been lived in. Their age offers them respectability, and they're in established communities with tall trees and schools and established neighbors. They could be funky/customized with interesting quirks. They're for folks who like "established" OR "different." They are much easier to market right after you get one. Many also take a 1-year warranty. They may not interest people who like being the first in a house or who need one designed specifically for them. 

Which can you like better - New or Existing? People who like you can not like another, though there are numerous conditions who like both. 

2006, Jon Kresh [http://www.wescooppoop.com/ open in a new browser]