Search South East Florida Real Estate
Lisa and Gary Ruderman
954.752.2105


South Florida Real Estate
Dream Home Finder
Search Florida Homes
Community Info
Free Relocation Package Free Home Value Report
Tools & Tips for Buyers
Tools & Tips for Sellers
South Florida Maps
News Archive
Contact Us
     

What about new versus previously owned?



Answer:

Although new homes typically have a higher sales price than comparable existing homes, buyers are willing to spend more upfront with an understanding that part of what they are paying for is assured low maintenance costs. A builder's warranty, along with brand-new roof, appliances, furnace and other operating systems that make major repairs unnecessary, work together to counteract possible slower appreciation initially.
Data from the U.S. Census Bureau's American Housing Survey suggest that operating costs per house are lowest for brand-new homes, slightly higher for relatively new existing homes but lower on average for older existing homes. Measured per square foot of living space, however, operating costs are consistently higher for progressively older existing homes.
Utility costs are the largest component of operating costs. Energy consumption per square foot depends on size of the home, insulation, window quality, air leakage and efficiency of the furnace. Operating costs also include expenditures for both routine maintenance and major repairs.

   

  Home | Dream Home Finder | Search Florida Homes | Community Info
Free Relocation Package | Free Home Value Report | Tools & Tips for Buyers | Tools & Tips for Sellers
South Florida Maps | Contact Us


Homes In South Florida | Houses For Sale In South Florida | Houses In South Florida | Realestate South Florida
New Homes In South Florida | New South Florida Homes | Real Estate For Sale In South Florida
Real Estate South Florida | Southeast Florida Real Estate | South Florida Homes For Sale
South Florida House For Sale | South Florida Houses | South Florida MLS | South Florida Realestate
South Florida Real Estate | South Florida Realestate For Sale | South Florida Realtors | Boca Raton real estate | Site Listing





Copyrightę 2003 Homes of South FloridaT All rights reserved.
11555 Heron Bay Blvd. Parkland, FL 33076
click here to email us at info@homesofsouthflorida.com