I just answered your other question from last week. Meritage makes good homes and builds nice neighborhoods that stand up well over time. As far as your question on resale I would really buy to your families needs. Do you think a 1400 sqft home will suit your long-term housing needs? How long do you plan to stay in the home? Going with the larger home will give you more room for children and a growing family and help you avoid the costs of moving again should it eventually be necessary.
Both homes will have similar appeal in the resale market but to different individuals or families. The smaller home will appeal to first time homebuyers or single professionals and the larger home will appeal more to families. Both types of buyers are always in the market. What determines a homes resale potential is the condition and price as compared to what is available in the market. Even with a hot market as we are still in homes will sit unsold if not priced correctly.
So again, your question really comes down to buying what is right for you and your housing needs today and the future. Consider the costs of having a larger house and the costs and needs of your family to decide which way is the best to go.
If you have any more questions please let me know. I would be happy to assist you. One thing builders try to do is force you to use their financing options. My lenders wholesale pricing is far better than what builders "in-house" lenders" offer. Even if they require you to use them allowing me to prepare a competitive GFE for you forces them to be competitive and give you better financing options.
Hope my input helps. Best of luck to you.
Don Groff | REALTORÂ® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | firstname.lastname@example.org