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From Daily Escape
New Houses
Recently made homes have good quality get a handle on requirements, newer building methods, and greater energy efficiency than many older homes. They often times bring a 1+ year guarantee and good money options. The downside is that while they're simple to enter, it is very hard to offer them for a few years (especially if the designer continues to be in the subdivision), and the ultimate value is often higher than an older house (though they generally require very little up-front money, and many builders will give thousands of dollars of updates and incentives.) The neighborhood will not be founded, there will be very few shade trees like within an older neighborhood, and it will have significantly more of a frontier feel. In the event that you like new and shiny like a new car, then a clean scent of a new house is likely to be your thing.
Current Homes
These are owned by homeowners who wish to sell their houses. They have been professional, and might be better built than newer homes. Many people like the fact that they've the history and charm of having been lived in - in fact, many buyers think that a new house is "cold" if it has not been lived in. Their age gives respectability to them, and they're in established neighborhoods with large trees and established neighbors and schools. They might be funky/customized with interesting quirks. They are for people who like "established" OR "different." They're much simpler to offer soon after you purchase one. A 1-year warranty is also carryed by many. They could not attract people who like being the very first in a home or who need one designed especially for them.
Which would you like better - New or Existing? People who like one may perhaps not like the other, although there are numerous conditions who like both.
2006, Jon Kresh [ We're Listening To You]