Red Manor Realty
New builds *usually* come with a one year floor to ceiling warranty, 2 year appliances warranty, and 10 year construction defect warranty. It's an appealing option - however, everything in a new build is at the beginning of it's lifespan - so it's almost a given that it won't break down in the near future.
Similarly, in refurbishing a older home, if you decide to get brand new appliances, roofing, carpeting, and such - they too will be at the beginning of their lifespan and last their natural lifespan.
Therefore, it depends on the condition of the old house.
Keller Williams Realty Southwest
A newer home is generally more energy efficient with a lower electricity bill.
An established home has yard with trees and scrubs that will help keep your surrounding to the property cooler as well.
I guess the question is what is the cost for both and how much would it take to refurbish your existing vs purchasing new.
What about the neighborhoods, schools, parks, etc...
Keller Williams Sonoran Living
Why don't you contact one of the agents here for an analysis based on your specific concern?
In Phoenix some of the older properties are in great locations versus buying new construction and commuting from a more remote area.
Pools are another big factor in this market, we can buy resale for 50 cents on the dollar.
Landscaping can be thousands.
New builds are sharp, clean, new and efficient.
So many factors to consider on the new versus resale discussion.
Sean Heideman, Broker