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The Great Debate
Those looking for housing in Minnesota soon become aware of a great debate: new versus pre-owned homes. Pros and cons abound for both options, making the decision difficult. Does the custom comfort of building a new house in Minnesota outweigh the ease of a pre-owned home? Many factors must be carefully considered before a decision can be made. Time, money, and desired environment all come into play in the choice to build a new house or buy a used one.
Brand Spanking New
The most prominent pitfall to building a new house in Minnesota is risk. Choosing a contractor for a new house necessitates somewhat of a leap of faith on the buyer's part. The developer's credentials must be checked because the buyer must trust that the proposed floor plan will be realized at a satisfactory caliber. Landscaping also must be taken into consideration. Building a new house in Minnesota likely means installing a garden from scratch, which can result in a pricey endeavor. However, the new house itself - bought before construction - usually ends up costing less than a pre-owned home. Also, the homeowner receives brand new property, requiring little maintenance. Then, of course, there is the customization factor. Those seeking to build a new house in Minnesota enjoy the personality and individual styling for a house built to precisely fit each patron's lifestyle. So if a trustworthy builder can be located, the homeowner will enjoy a custom built, brand new house.
Time Tested Trust
Buying a pre-owned house in Minnesota has its advantages as well. With a pre-owned house you get what you see. No risk. The buyer knows exactly where his/her money is going and this often includes completed landscaping. The possibility of maintenance renders a potential hindrance. Pre-owned houses often require a lot of fixing up; not just at the beginning, but also throughout the existence of the house. Each house should be thoroughly scourged for defects because, if something isn't found, the seller doesn't have to disclose the problem. Commissioning a building inspector would be a good idea.
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Minnesota Real Estate News
Central Minnesota real estate market is up; lower-priced properties still dominate increase Fri, 03 Feb 2012 22:33:01 -0800 The Central Minnesota real estate market warmed up in 2011 as pending sales jumped more than 12 percent and new listings declined 6.6 percent from 2010. Real estate market shows pulse, but not yet roaring back to life Wed, 11 Jan 2012 15:56:41 -0800 Minnesota's real estate industry enjoyed some improvement in 2011, but don't expect a roaring comeback this year. Rochester Minnesota Realtor Julie Fink Helps Residents Avoid Foreclosure Amid Growing Real Estate Market Mon, 16 Jan 2012 00:07:51 -0800 Leading Rochester MN Realtor Julie Fink is helping people throughout the Rochester area avoid foreclosure by assisting them in the “short sale” process, providing her expertise in real estate to homeowners facing a difficult problem. ... Central Minnesota real estate market improves in 2011 Fri, 03 Feb 2012 10:04:19 -0800 The Central Minnesota real estate market warmed up in 2011 as pending sales jumped more than 12 percent and new listings declined 6.6 percent from 2010. Midwest Real Estate Data's Share My Listings (SMyL) Widget Boosts Social Media Presence for Realtors(R) Mon, 23 Jan 2012 09:21:00 -0800 LISLE, IL-- - Social media has become a vital component in the marketing strategy employed by today's real estate professionals. Many have incorporated vehicles such as Facebook and Twitter into their ...
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