Where Will You Go If You Sell? You Have Options.

<article class="post-629055 post type-post status-publish format-standard has-post-thumbnail hentry" id="post-629055"><span class="entry-date">January 30, 2023</span><div class="entry-header center-block text-center"><h1 class="entry-title">Where Will You Go If You Sell? You Have Options.</h1><div class="shareBlock"><div class="shareTitle">Share</div><div class="shareIcons"><a aria-label="Twitter Share Link" class="twitter solid display-inline-block" data-tracking="Post,Social Post Link Clicked,Twitter" href="http://twitter.com/share?text=Where+Will+You+Go+If+You+Sell%3F+You+Have+Options.&amp;url=https%3A%2F%2Fgilliggroup.com%2Fblog%2Fwhere-will-you-go-if-you-sell-you-have-options%2F" target="_blank"><span class="force-hidden">Twitter</span></a>
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</div></div><div class="post-tax post-category"><span></span><a href="../category/realtor-blog/index.html" rel="tag">Realtor Blog</a></div><div class="post-tax post-post_tag"></div></div><div class="entry-content"><div><img alt="Where Will You Go If You Sell? You Have Options. Simplifying The Market" decoding="async" loading="lazy" src="https://media.agentaprd.com/sites/222/where-will-you-go-if-you-sell-you-have-options-KCM.webp" style="display: block; margin-bottom: 5px; clear: both; max-width: 100%;" width="358"/>
<p>There are plenty of good reasons you might be ready to move. No matter <a href="https://www.simplifyingthemarket.com/2023/01/02/what-are-your-goals-in-the-housing-market-this-year/?a=712984-fa409495d5d70154d03a25e81e9540e2">your motivations</a>, before you list your current house, you need to consider where you’ll go next.<!–more–></p>

<p>In today’s <a href="https://www.simplifyingthemarket.com/2022/12/13/ready-to-sell-todays-housing-supply-gives-you-two-opportunities/?a=712984-fa409495d5d70154d03a25e81e9540e2">market</a>, it makes sense to explore all your options. That includes both homes that have been lived in before as well as newly built ones. To help you decide which is right for you, let’s compare the benefits of each. Regardless of which option you choose to explore, working with a trusted real estate professional throughout the process is essential.</p>

<h4><strong>The Benefits of Newly Built Homes</strong></h4>
<p>First, let’s look at the benefits of purchasing a newly constructed home. With a brand-new house, you’ll be able to:</p>

<h5><strong>1. Build your dream home</strong></h5>
<p>If you build a home from the ground up, you’ll have the option to select the custom features you want, including appliances, finishes, landscaping, layout, and more. <em>Bankrate</em> puts it like <a href="https://www.bankrate.com/mortgages/build-or-buy-a-house/#building">this</a>:</p>

<blockquote><p><em>“Building means customizing. . . . instead of wishing your home had a certain kind of flooring, a sunroom or some other special amenity, you’ll be able to tailor the property to your exact needs. You also won’t be limited to a specific location or neighborhood.”</em></p>
<p></p></blockquote>
<h5><strong>2. Take advantage of builder concessions</strong></h5>
<p>In today’s market, a lot of home builders are working hard to sell their current inventory before they add more to their mix. That means many of them are <a href="https://www.realtor.com/advice/buy/what-are-builder-incentives-deals-on-new-construction/">offering concessions</a> and are more willing to negotiate with buyers. That could work to your advantage in the process.</p>

<h5><strong>3. Minimize home repairs</strong></h5>
<p>Many builders offer a warranty, so you’ll have peace of mind on unlikely repairs. Plus, you won’t have as many little improvement projects to tackle. As <em>realtor.com </em><a href="https://www.realtor.com/advice/buy/purchasing-new-construction-for-first-time-homebuyers/">says</a>:</p>

<blockquote><p><em>“. . . if something goes wrong with your new home, not only are there likely some manufacturer warranties in place, but many builders also include additional home warranties . . .”</em></p></blockquote>
<h5><strong>4. </strong><strong>Take advantage of energy efficiency</strong></h5>
<p>When building a home, you can choose brand-new, energy-efficient options to help lower your utility costs, protect the environment, and reduce your carbon footprint.</p>

<h4><strong>The Benefits of Existing Homes</strong></h4>
<p>Now, let’s compare those to the perks that come with buying an existing home. With a pre-existing home, you can:</p>

<h5><strong>1. Explore a wider variety of home styles and floorplans</strong></h5>
<p>With decades of homes to choose from, you’ll have a broader range of floorplans and designs available.</p>

<h5><strong>2. Appreciate that lived-in charm</strong></h5>
<p>The character of older homes is hard to reproduce. If you value timeless craftsmanship or design elements, you may prefer an existing home.</p>

<h5><strong>3. </strong><strong>Join an established neighborhood</strong></h5>
<p>Existing homes give you the option to get to know the neighborhood, community, or traffic patterns before you commit. Plus, they have more developed landscaping and trees, which can give you additional privacy and curb appeal.</p>

<h5><strong>4. Move in faster</strong></h5>
<p>If you have a short timeframe to move or you just don’t want the process to take several months while your home is under construction, buying an existing home might make sense for you. <em>U.S. News </em><a href="https://realestate.usnews.com/real-estate/articles/should-you-buy-a-new-build-or-previously-owned-home">explains</a>:</p>

<blockquote><p><em>“When you’re choosing a home, existing or new, you should also consider how long it might take to move into that home. Just because you have a contract doesn’t mean that your new home will be completed (or even started) at the time you agree to the purchase. It can be a struggle waiting for the walls to go up as you wonder what your home will become.”</em></p></blockquote>
<p>When thinking about where you’ll go after you <a href="https://www.simplifyingthemarket.com/2023/01/05/3-best-practices-for-selling-your-house-this-year/?a=712984-fa409495d5d70154d03a25e81e9540e2">sell your house</a>, remember your options. As you start your search, think about what’s most important to you. By working with a trusted <a href="https://www.simplifyingthemarket.com/2022/12/29/planning-to-sell-your-house-its-critical-to-hire-a-pro/?a=712984-fa409495d5d70154d03a25e81e9540e2">real estate agent</a>, you can be confident you’re making the most educated, informed decision.</p>

<h3>Bottom Line</h3>
<p>
If you have questions about the options in our area, let’s discuss what’s available and what’s right for you, so you’re ready to make your next move with confidence.</p>
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