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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from a Wake County, Raleigh, Research Triangle Park and Cary, North Carolina NUMBER1EXPERT(S) Top Selling real estate agent(s). Contact Susan Abshire today!

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School Reports in Wake County, Raleigh, Research Triangle Park and Cary, North Carolina
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Real Estate Tips
Buying Land and New Construction >Buying New or Buying Old

New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.

Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.

New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.

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Real Estate Trivia
Q 
In what real estate market are more than 90 percent of home sales cash transactions?

A 
Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
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Susan Abshire, REALTOR®, real estate agent and broker for Wake County, Raleigh, Research Triangle Park and Cary, North Carolina home listings, property and land for sale - NUMBER1EXPERT

Susan Abshire
Coldwell Banker HPW

9051 Strickland Rd Suite 200
Raleigh, NC 27615
919-274-9393
Fax: 919-645-9312
susanabshire@NUMBER1EXPERT.com


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