Buying or Building? This is one of the biggest decisions homebuyers face. The right choice depends on your priorities: price, timing, location, lifestyle, and how much customization you’re looking for. 

Timing: How Soon Do You Need to Move?

One of the biggest advantages of buying a resale home is speed. In most cases, once you go under contract, you can move in within 30 to 60 days. If you’re on a tight timeline, such as relocating for work, resale is usually the way to go. 

On the other side, building a new home can take time, often 12 to 16 months when you include planning and permitting. While that means a longer wait, it also gives you time to prepare, sell your current home, and get everything lined up for your move. The timing can actually work in your favor if you’re not in a rush.

Location: Where Are You Willing to Live?

Resale homes are typically located in well-established neighborhoods with mature trees, developed infrastructure, and close proximity to schools, shopping, and restaurants. You often get the benefit of a settled community and central location. 

New construction homes, however, are often found in up-and-coming neighborhoods, sometimes a bit farther from the city center. However, in areas like Montgomery, Oakley, and Hyde Park, we’re also seeing individual homes being torn down and replaced with new builds, so it is possible to build a new home in prime areas. 

Customization and Features: Get What You See vs. Complete Customization

With an existing home, you buy what’s already there: floor plan, finishes, etc. While you might get extras like blinds, fences, or upgraded closets, you’re also inheriting someone else’s choices. The home might also come with maintenance issues, which is why a home inspection is essential before you buy a resale home. 

Building a new home means complete customization. You get to pick the layout, flooring, cabinetry, appliances, etc. Plus, new homes come with modern systems, energy efficiency, and warranties. While it may cost more upfront, you’re getting exactly what you want, which can pay off in the long run. 

Cost: What’s The Budget?

Typically, buying an existing home comes with a lower price tag. You’re not paying the “new home premium,” and you may even have room to negotiate on price or closing costs. 

New Construction usually costs more. But you’re also paying for customization, modern design, brand-new systems, and lower maintenance in the years to come.

So… Build New or Buy Existing?

There is no right or wrong answer, it all depends on your priorities. 

• Choose resale if: You need to move quickly, want to live in a well-established neighborhood, or are working with a tighter budget.
• Choose new construction if: You want a fully customized home, can be flexible on timing, and are comfortable paying a bit more for exactly what you want. 

We’re Here to Help You Decide!

Whether you’re leaning toward building your dream home or buying an existing one, Oyler Hines is here to help. Our team at Oyler Hines is top in Greater Cincinnati in resale and new construction home sales, and we’ve helped thousands of families buy and sell homes in the area. Whether you’re interested in building your dream home or buying a resale, we have the experience to guide you through the process. 

Reach out to us at [email protected] or 513-547-2997 to get started!