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WHAT SHOULD I SPECIFICALLY LOOK FOR IN A NEW HOME
New home construction is changing all the time as builders try to adapt designs to today's lifestyles, make the most of living space, and incorporate new technology, building materials, and equipment, while keeping prices affordable. Buying a new home is attractive because everything's new, from floors to appliances. Energy efficiency (insulation, and electricity) is required by building codes. Buying a new home while it's under construction lets you choose paint, wallpaper, tiling, etc.
Newness itself is a virtual assurance that your maintenance costs will be predictable, and a builder's warranty (highly desirable) guarantees freedom from structural flaws.
Here are some of the signs of good constuction to be checked out at the site:
good carpentry throughout (well-fitted windows and moldings, non-squeaking wood floors, even wall surfaces).
solid structure with sturdy support.
everything in good working order (faucets, heating/cooling systems, electrical outlets, etc.).
a yard free of low, wet spots; grading that slopes away from the home for good drainage.
HOW DO I EVALUATE A RESALE HOME?
Homes with a past have special appeal. An existing home is a settled place (literally): the foundation, the landscaping, the neighborhood, including its services, are about where they're probably going to be for some time.
The home has a lived-in look. Some rooms may be larger than in new homes, woodwork has mellowed, the price may be lower (per sqare foot) and its financing possiblities more flexible than in new homes.
The thing to be on the look-out for is wear-and-tear:
How firm is the foundation?
How sound are the sills, walls, floors, and ceilings?
What kind of plumbing was installed, when?
What's the shape and extent of the electrical system?
What shape is the heating/cooling system in?
What are monthly fuel costs?
How well does the insulation protect the indoors?
What will it cost you to remodel if necessary (especially kitchen and baths) or to make necessary repairs?
If in doubt-or just for your peace of mind-you can hire a certified home inspector for a professional opinion.