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mmlaktak.com | Blog | Florida New Home Construction Vs Resale

New construction is the best value for home buyers in today?s market and the benefits of purchasing a new home in Florida vs a resale home are many!
Sheila Stephensonis a Florida new homes expert who understands the value of new construction as well as the quality of life that North Tampa Bay, Florida has to offer.

That is why Sheila focuses primarily on Florida new construction homes in select North Tampa Bay new home communities that offer the highest quality of life and best value for her clients.

New Construction Homes ? Price

Many re-sellers who bought their home when home values were overstated have not adjusted to the current market and still believe their home should be worth what it could have sold for in it?s ?heyday.?

Builders, on the other hand, have adjusted to the reality of the current market and with so many Florida new home communities springing up, they also know they must compete for your business. What this translates to is better prices, more included features and added incentives.

Builders have written down their land costs, changed specifications and have lost the fluff and overhead they once had worked with. They?ve had to basically change their business model to fit today?s market and lower Florida new home prices are a reflection of that!

The cost per square foot for a Florida new construction home is typically better than a resale home and is often competitive with short sales. When an appraisal is done and closed homes are pulled, short sales are included, reducing the appraised values for all homes.

Although this isn?t necessarily fair or correct, it has kept current home values at an all time low and Florida new home builders are the only ones that can compete.

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Source: http://mmlaktak.com/doityourselfhomeimprovementbooks/2011/08/22/florida-new-home-construction-vs-resale/

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