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There are many options in selecting a new home for your family. The first and most obvious is to choose a NEW HOME or an EXISTING HOME.

If your family selects a NEW HOME, there are many benefits:

• 1. You buy your dream, not someone else's.
• 2. You can select a home prior to construction, allowing you to chose the design.
• 3. You decide on that special dream building site.
• 4. You can make some modifications during construction.
• 5. You select colors of paint, wallpaper, appliances, flooring, etc.
• 6. Warranties usually are for a one year minimum, with extended warranties on most new homes for up to ten years.
• 7. New homes are safer than older homes.
• 8. New homes are healthier than older homes.
• 9. New homes are stronger than older homes.
• 10. New homes are more energy efficient than older homes.
• 11. New homes require less maintenance than older homes.
• 12. New homes are more convenient than older homes.

EXISTING HOMES have among their disadvantages:

• 1. Obsolescence.
• 2. Life expectancy is lower than new.
• 3. Appliances and utilities have a limited life.
• 4. Evidence indicates that operating costs differences between existing and new may be large enough to offset most of the price difference. Homes built in the 1960s cost 27% more to operate than homes built in the 1990s.