New Construction VS. Existing Home - What’s Right For Me?

Real Estate Agent with Florida Homes Realty and Mortgage

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When it comes to buying a home in St. Augustine, one of the primary decisions you'll face is whether to opt for a new construction or an existing home. Both options have their merits, and your choice will depend on your preferences, budget, and priorities. There are pros and cons of each ...  


New Construction:


  1. Customization: One of the most significant advantages of a new construction is the ability to customize. You can often choose layouts, finishes, and even some architectural elements to suit your taste.
  2. Energy Efficiency: New homes are built with the latest energy-efficient technologies, which can lead to lower utility bills and a reduced environmental footprint.
  3. Warranty: New homes typically come with warranties that cover construction defects, giving you peace of mind in the early years of homeownership.


  1. Higher Initial Cost: New construction tends to be more expensive upfront due to customization options and modern features.
  2. Limited Location Choices: New developments are often located in growing suburbs, so you may have fewer options if you prefer urban or established neighborhoods.
  3. Landscaping and Amenities: In many cases, new construction homes lack mature landscaping and amenities that older neighborhoods may offer.

Existing Homes:


  1. Established Neighborhoods: Existing homes are often located in established neighborhoods with mature trees, parks, and community amenities.
  2. Lower Initial Cost: Existing homes tend to be more affordable upfront, making homeownership accessible to a broader range of buyers.
  3. Character and Charm: Older homes often come with unique architectural details and a sense of history that can be appealing to many buyers.


  1. Maintenance: Older homes may require more maintenance and repairs, especially if they haven't been updated in a while.
  2. Energy Efficiency: Unless retrofitted, older homes may not be as energy-efficient as new constructions, potentially leading to higher utility bills.
  3. Limited Customization: While you can renovate an existing home, there may be limitations in terms of layout changes and structural modifications.

Choosing between new construction and an existing home boils down to your priorities and budget. Ultimately, both options offer unique advantages, and the right decision depends on your individual needs and preferences.

Which one would you choose?

Posted by

Marjorie Taylor, Broker Associate

Marjorie Taylor, is a licensed Real Estate Broker Associate with Florida Homes Realty and Mortgage.  Representing the North East Florida area. A community leader, active in the St. Augustine Regional Council, Taylor is past Director and Technology Committee Chairman of the St. Augustine St. Johns County Board of REALTORS.  A Certified Home Stager, she is professionally educated and trained, having earned the designations of CDPE, CRS, CSP, e-PRO, GREEN, GRI, TRC.

Marjorie is passionate about St. Augustine and the needs of her clients. Past recipient of the Entrepreneur of the Year - Women’s Council of REALTORS St. Augustine Regional.


Comments (2)

Charles Ross - eXp Realty LLC
eXp Realty LLC Salina Group - Salina, KS
Love To Help People

Excellent post.Thank you for sharing. Have a wonderful day and a blessed week

Sep 15, 2023 02:32 AM
Richard Weeks
Dallas, TX
REALTOR®, Broker
Great information, thanks for sharing.  I hope you have a great day.
Sep 15, 2023 03:56 AM