In Ottawa we have relatively large new home development, but most of the homes being purchased are resale. Only one out four homes being sold is a new home.
Which is better: existing or new?
There is no right answer. It's completely up to your needs and preferances Or on a "deal" that you can get. Resale and new homes both have advantages. On average existing homes are less expensive, generally closer. You can enjoy warmth and surroundings of an establish neighbourhoods. New homes, offer innovative use of space, modern energy efficiency, and choices of options and upgrades. Everything is new, even the neighbourhood. When you're debating new or resale consider; your finances, your family composition, your taste.
Do not hesitate to contact me for a Free advice: (613)601-9333