Should I Buy a New Build or Resale Home in Florida?

🏡 Should I Buy a New Build or Resale Home in Central Florida?

One of the first big decisions buyers face is whether to purchase a new construction home or a resale (existing) home. In Central Florida—especially areas like Lake Mary, Oviedo, DeLand, and Sanford—both options are popular, but they come with different pros, cons, and financial implications.

Let’s break down the key differences so you can make the right move for your goals.

✨ New Construction: The Appeal of Brand New

New builds offer a move-in ready, low-maintenance lifestyle. Here are some of the top advantages:

Pros:

• Everything is new: Roof, HVAC, appliances, plumbing, and electrical

• Lower insurance costs (new homes typically meet strict building codes)

• Builder warranties that cover systems and structure

• Energy efficiency and smart home features

• Customization: You may get to pick colors, floors, finishes, or layouts

Cons:

• Often more expensive per square foot than resale

• Less negotiating room on price or upgrades

• May have smaller lot sizes or limited mature landscaping

• Construction delays are possible

📅 Best suited for: Buyers who want minimal maintenance, modern design, and plan to stay put long enough to build equity.

🏠 Resale Homes: Charm, Character & Established Communities

Buying an existing home opens the door to variety and location flexibility. Many of Central Florida’s most established neighborhoods (Timacuan, Sweetwater Oaks, Victoria Park, Tuskawilla) are entirely resale.

Pros:

• More value per square foot in many cases

• Established neighborhoods with mature trees and larger lots

• Negotiation opportunities on price, repairs, and closing costs

• Immediate availability in most cases

Cons:

• May need updates or repairs (roof, AC, plumbing, etc.)

• Higher insurance premiums on older homes

• Possible unknowns like previous renovations or permits

📅 Best suited for: Buyers who value charm, space, and established locations—and don’t mind doing a little updating over time.

💡 Pro Tip: Think Beyond the House

Whether you choose new or resale, remember to factor in:

• Commute times and traffic

• School zones and future zoning changes

• Insurance quotes (especially for older homes)

• HOA rules and fees

A beautiful home that doesn't fit your lifestyle or budget long-term will never feel like the right investment.

🔍 Still Deciding? Let's Compare Options Together.

At The Peterson Group, we help buyers evaluate new construction and resale homes side-by-side, so you understand not just the look of a home, but the long-term financial and lifestyle implications. Call Charlie today, at (386) 259 - 0744.

Whether you're considering a builder in The Reserve at Victoria or a character-filled resale in DeBary Golf & Country Club, we’re here to help you make the right move.