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New Houses 

Newly constructed homes have high quality get a grip on standards, newer design methods, and better energy efficiency than many older homes. They frequently bring a 1+ year warranty and good money alternatives. The downside is that while they're easy to enter into, it's very hard to market them for a few years (particularly if the creator remains in the neighborhood), and the final cost is often greater than an older house (although they usually require very little up-front money, and many contractors will give thousands of pounds 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 have significantly more of a frontier feel. If you like new and shiny like a new car, then a clean smell of a new house will undoubtedly be your thing. 

Current Homes 

These are owned by homeowners who would like to sell their houses. They've been experienced, and could be better built than newer homes. Many people such as the fact that they have the charm and history of getting been lived in - in fact, several buyers think that a new home is "cold" if it hasn't been lived in. What their age is presents them respectability, and they are in established neighborhoods with high bushes and established neighbors and schools. They could be funky/customized with interesting quirks. They're for people who like "established" OR "different." They're easier to offer immediately after you buy one. Many also take a 1-year warranty. They could not attract people who like being the very first in a property or who need one designed specifically for them. 

Which would you like better - New or Existing? Although there are many exceptions who like both, people who like it's possible to not like the other. 

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