Recently, the Washington Post wrote an article entitled House hunters caught between new and existing homes.
We were thrilled to be featured front and center in the article with a photograph of our newest single family homes, the Downtown Collection of One Loudoun in Ashburn, Virginia.
Photo Source: Washington Post
The article discusses the advantages and disadvantages of buying a new home versus an existing home.
One of the reasons our homes were featured is they meet a distinct advantage to buying new. The Miller & Smith homebuyers interviewed for the article were downsizing but needed enough space to accommodate their college-age son.
They found exactly what they were looking for in our Tribeca Model, which offers a separate private studio space over the 2-car garage‚ the perfect getaway for in-laws or older children returning from college.
Finding a home that meets very specific needs is one of the major advantages to buying new.
The following are several other advantages to buying new, as discussed in the article:
The article also discussed some of the advantages to buying an existing home, including the following:
In the end, there’s no clear winner between buying a new home versus an existing home because there are advantages and disadvantages to both. The good news is, no matter what you decide, now is a great time to be a buyer thanks to remarkably low interest rates.
And if you decide to go new, we know the perfect place to start your search.