New Build vs. Resale

Are you looking to move? Buying a new home is an exciting time, but if you are unsure of where to start or what kind of home is the best fit for you, it can also be a stressful time.

One of the first questions to ask yourself: Do you want a new build or resale?

In 2017, 14% of all home sales in the U.S. were for new builds. This number continues to grow as more and more buyers are seeking the convenience that comes with buying new. In fact, since the pandemic, new home sales in Toronto and the GTA have gone up to 25%.

How do you know which is right for you? There is no one correct answer for everyone, but as new home builders ourselves, we do believe there are several advantages to buying new.

Here are a few of them.

New Build

Pros:

  1. You can customize your home before it is built. After purchasing your home, you have the option to choose colours, styles, and upgrades that are better fit for your lifestyle.
  2. Home value climbs as soon as you purchase a new build. Often homes can appreciate tens or even hundreds of thousands of dollars between the purchase date and when you move in.
  3. Location is carefully thought-out by the home builder, so you feel at ease knowing you’re in a safe, convenient, and up-and-coming area.

Register on our website for the latest on three of our new communities, coming soon: Riverlea in Angus, Townmanors of Brownsville in Schomberg, and Markham GOLD phase 2. Visit SunnyCommunities.com