Build New or Buy Old?

Build New or Buy Old?

You could buy an existing home and renovate instead of building a new home, but before you do, give some thought to the following points:

  • 61% of used homes aged over 20 years required a major renovation to major amenities such as kitchens and bathrooms.
  • The average bathroom renovation spend is between $10,000-$16,500
  • The average kitchen renovation spend is between $10,000-$14,500
  • 58% of home renovations take longer than expected
  • The average time spent on renovations and maintenance of old homes is 4 hours and 40 minutes per day!
  • New paint, render or cladding doesn’t make your home safer or cyclone proof
  • Removing old flooring does not remove asbestos or solve damp issues
  • New lights do not mean the house is energy efficient

Buying an existing property often means:

  • Budget blow-outs and never-ending costs
  • Weekends consumed by renovations and maintenance repairs

In reality, buying a used home really isn’t what it’s cracked up to be!

No matter what you do to an old home, it will always be an old home. So build new.

Building a new home new means you and your family will have the safety and security, not to mention modern features, that a brand new home offers. PLUS you’ll get the bathroom and kitchen you’ve always wanted… without the headache and drama of renovation!

You’ll also save your weekends, your back pocket AND your relationship. Build new. Build with Grady Homes.

DID YOU KNOW: All Grady Homes come with a fixed price guarantee, a 50 year structural warranty, a 12 month product and maintenance warranty and a 5 month build guarantee! Find Out More