More homeowners might be putting their properties on the market, but supply is still low overall. If you’re looking at homes for sale in St. Helena, CA, that means you have more options, but you still need to prepare for a fast-moving market.
While some buyers are purchasing newly built or under construction homes, many prefer to buy a Napa Valley home with history and character. If you’re unsure which route is best for you, an experienced Napa realtor can guide you through the pros and cons of both options, helping you arrive at the best decision for your needs and lifestyle.
New and Existing Homes for Sale in St. Helena
If you’re unsure whether to buy an existing property or build a new one, consider these pros and cons to help you decide.
Many people like the idea of living in a home they designed to their exact specifications. But they might have to pick a location that isn’t their first or even second choice. So, while buying a home in a development can streamline the process, it can also limit your options. Other advantages to building new are:
- The ability to create a more energy-efficient home.
- You could see a higher return on investment if you decide to sell.
- Fewer repairs and less maintenance.
The most significant risks in building a new home include higher costs and a longer wait to move in.
The two primary advantages to buying an existing home are:
Cost. The average sale price of an existing home is generally lower than the cost of new construction. That can add up to significant savings over the life of your mortgage.
Convenience. Buying an existing home increases the odds you can move to your neighborhood of choice. Plus, existing homes are in established communities with lots of character and amenities, including easy access to work, play, and school.
Once you’re pre-approved by a lender, you can visit homes for sale in St. Helena, CA that you like, make an offer, and typically move in more quickly.
A Napa Realtor’s Guide to Homes for Sale in St. Helena, CA
There’s much to consider when choosing between a newly built house or an existing property as your new home. For some people, buying new fits their needs perfectly, making it a practical choice. For many others, purchasing an existing home ticks off all their home buying boxes.
Whatever your final decision, talking things over with a qualified Napa realtor will help you find the new home that’s right for you and your family. If you’re ready to make the move to a new home in St. Helena, put the skills of Connie & Jamie to work for you! And to learn more about all the real estate services we offer, contact us online today!