Is It Cheaper to Remodel or Build New?

 Is It Cheaper to Remodel or Build New?

New

Remodel

10-year structural warranty
2-year mechanical warranty
1-year limited warranty
No structural warranty
No mechanical warranty
No limited warranty
Everything in the home is new and won’t break down Anything could break at any time and cost you a lot of money
Appliances all have warranties and are brand new Used appliances could die any day
Spend time with the people you love when you get off of work Spend time working on projects that ultimately won’t pay you back.
No more honey-do projects A never-ending list of honey-do projects
Low homeowners insurance High priced homeowners insurance
(double that of new)
Brand new carpet Toe-nails in the carpet (or worse)
Brand new furnace
Brand new air conditioning
Old furnace – inefficient
Old air conditioning – inefficient
Post-tension slab Potential major structural issues with slab

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