Should You Buy or Build Your Next Home?

If this is the year that you plan to upgrade your home, it’s time to decide whether you should buy an existing home or build a new home. There are pros and cons to both, of course, but the good news is that whichever you choose, Compass Homes is here to help.

The Compass Homes team is ready to help you create a home that’s a true reflection of you and your family, and that you can be proud of for years to come. Homesites and inventory homes are available in Central Ohio’s most desirable communities, including Upper Arlington, Worthington, and Scioto Reserve.

Let’s look at some of the differences between buying and building, so you can determine which is best for you.

Purchase Price

When setting your budget, be sure to consider the upfront costs associated with both building a brand-new custom home and purchasing a used home. While the used home may be cheaper per square foot, it probably features spaces that you don’t necessarily want or need, or that you physically cannot change. A brand-new home, however, is typically built with tall, poured concrete foundation walls and offers higher ceiling heights, allowing you to design the floor plan and features that suit your family’s style of living.


Used homes most likely have wear and tear compared to newly built homes, but what does that necessarily mean to you in terms of expenses? Consider the age of the home you are looking to buy, as many of the home’s systems (HVAC, plumbing, roof, etc.) have a limited life span that may need to be replaced or upgraded. One of the benefits of building a home or buying a newly built home is just that – everything is brand new. That means the home and its systems are under warranty, eliminating significant maintenance costs for a long time.

Energy Efficiency + Sustainability

Oftentimes, older construction means outdated—and considerably less efficient—windows and appliances. Brand-new homes, however, offer increased efficiency due both to the efficiency of the installed heating equipment and technology, as well as the quality of the building materials.

Your Investment

In many cases, a home purchase is the single largest investment that a person will make throughout their life. Compass Homes can build on your homesite, in one of our communities, or can help you select one of our inventory homes that best fits your family. Regardless of whether you choose to build a brand-new custom home or purchase one of our newly built homes, our team at Compass Homes can help guide you to the home with more thought and quality per square foot, for the best value possible.

We have worked hard to develop a process-driven culture to work with you to set the right expectations from the very beginning; thereby making the purchase, design, and building of your dream home thoughtful, simple, painless, and stress-free.

Contact a sales associate today to get started on the design process or select a home from our inventory that is newly built and ready for move-in today.

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