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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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Q	What group of settlers introduced the log cabin to the New World?
A	The Swedish settlers of Delaware brought their own timber for building log cabins, a style that originated in Finland.
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The Jana Caudill Team, REALTORŽ, real estate agents and broker for Northwest Indiana, Crown Point, Munster and Valparaiso Indiana home listings, property and land for sale - NUMBER1EXPERT(tm)

The Jana Caudill Team
Keller Williams Realty Leaders
503 E. Summit St. Suite 1
Crown Point, IN. 46307
Phone: 219-661-1256
Fax: 219-663-5949
Email Jana: jana@janacaudillteam.com
Jana is the top producer in Northwest Indiana. As the #1 agent in Northwest Indiana, Jana's accomplishments include consistently selling 300-400 homes and ranging in sales volume from $70-$90 million. She has been named among the Top 300 Mega Performers in the Nation for seven years running. Jana has been a Star Power Star for 7 years. In 2006 she was featured as The Role Model for Keller Williams MREA Role Model Video. Jana's most recent accomplishments includes being named one of The 200 Top Real Estate Professionals for 2007, by Lore Magazine, The Wall Street Journal Real Trends. Jana earned a Bachelor of Science in Organizational Leadership and Supervision from Purdue University. Her past experience and education helped develop her excellent organizational, communication, marketing and negotiating skills. She truly loves her profession and genuinely cares about helping buyers and sellers reach their goals. You will find that her high energy level, integrity, and driven work ethic are second to none. A wife and mother of four boys, Jana understands the importance of family and helping you accomplish your real estate needs. A stickler for high standards, exceptional service, and a reputation for results, you will feel very comfortable with Jana on your side.

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