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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	What has a tremendous impact on the U.S. economy, comprising between $10-$15 trillion of the nation's wealth?
A	Real Estate--it goes through cycles, but still has a long-term record of strong investment return.
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The Doshier Team, REALTOR®, real estate agent and broker for Outer Banks, Nags Head and Corolla, North Carolina home listings, property and land for sale - NUMBER1EXPERT

The Doshier Team
Four Seasons Realty in Duck
1240 Duck Road Suite 109
Waterfront Shops in Duck-Sound Side
Duck, NC 27949
Toll Free: 800-554-8435
Local: 252-562-4663
Fax: 877-274-5127
Cell: 252-305-3996
Email: Info@TheDoshierTeam.com
rosemarie@thedoshierteam.com
Bringing over 20 years experience to the Outer Banks Life Style and Real Estate market, helping Buyers and Sellers to reach their dreams. Rosemarie and the Doshier Team have the expertise and commitment to help you find the home you love and one that may also appreciate in value.

Rosemarie has additional education through her real esate career and is certified in Short Sales and Foreclosures, and also holds designations in ABR,CRS,GRI,PMI, RRS, Recreation and Resort Sales Council, and Women’s Council of REALTORS®. She is active at the local, state and national levels of the REALTOR® associations and very active in the Dare County and OBX community.

Contact the Doshier Team. They will enable you to live the dream of owning beach property, including single family homes, investment homes, rental income producing homes, condos, and even boat slips, while saving you time and money in the process.Buying or Selling - Corolla - Duck - Southern Shores - Kitty Hawk - Kill Devil Hills - Nags Head - Manteo - Hatteras Island - Avon - Salvo - Ocracoke - LET US WORK FOR YOU!

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