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New Houses 

Newly made homes have high quality control requirements, newer design methods, and greater energy efficiency than many older homes. They frequently bring good money alternatives and a 1+ year warranty. The disadvantage is that while they are easy to get into, it is very hard to market them for a few years (particularly when the builder continues to be in the subdivision), and the ultimate price is often higher than an older house (although they generally need very little up-front money, and many contractors will give thousands of dollars of updates and incentives.) The neighborhood will not be founded, there will be very few shade trees like within an older neighborhood, and it'll have significantly more of a frontier feel. In the event that you like new and shiny like a new car, then a clean scent of a new house will undoubtedly be your point. 

Existing Domiciles 

They are owned by homeowners who would like to sell their homes. They've been professional, and could be better made than newer domiciles. Many people just like the fact that they have the charm and history of experiencing been lived in - in fact, several consumers think that a new house is "cold" when it hasn't been lived in. Their age provides respectability to them, and they're in established areas with tall bushes and established neighbors and schools. They may be funky/customized with interesting quirks. They're for people who like "established" OR "different." They are easier to market soon after you purchase one. Many also take a 1-year warranty. They might not attract people who like being the initial in a home or who need one built particularly for them. 

Which do you like better - New or Existing? People who like one may maybe not like the other, though there are many conditions who like both. 

2006, Jon Kresh [http://www.sbwire.com/press-releases/frinks-photography-announces-their-photo-booths-for-both-parties-and-special-events-181735.htm website]