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Real Estate
Reply to "Is it cheaper to tear down our existing house and rebuild, or buy a new construction?"
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[quote=Anonymous][quote=Anonymous]I’ve noticed that the resale of a custom home is less and a brand new build. I think the custom home loses vale since it’s been lived in and ppl who want new for the sake of new will not consider it. A house built new in 2014 will look considerably dated to a 2018 -2019 home. Ppl around here base their perceived cache on their house. They are willing to spend $$$$ on a house that isn’t really that great. [/quote] True that a new build in the same area will be more than an old. But if you built new and there are no more areas to build them the neighborhood would not allow me build. I noticed some places in mclean where a new build costs the same as a 10 year old because of property values. You want to build the biggest possible.[/quote]
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