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Old 05-30-2019, 11:02 AM
 
Location: Austin
4 posts, read 4,645 times
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@10scoachrick Definitely. I think they were saying another 7 years till the whole thing is complete... so if you're not planning to stay in a house there for at least 8-10 or so, I think it'd be tough to re-sell for a good price with new construction still building out

@JT-3 foundation issues seem to be a concern for some of those new communities just north of 290/east of 183 area. Can new homes get around the soil issues there?
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Old 05-31-2019, 09:25 PM
 
Location: Lancaster, PA
997 posts, read 1,312,534 times
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I'd talk to the Sales Office about the foundation and the contractor/method they are using. Not sure where you heard about this "concern" but with new builds the foundation is closely monitored....and we watched ours being poured, along with neighbors when we lived in Austin. Old homes are a different story.
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Old 05-31-2019, 11:12 PM
 
Location: Round Rock, Texas
13,448 posts, read 15,481,027 times
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Quote:
Originally Posted by 10scoachrick View Post
That's a bit of a two-edged sword, don't you think?
With the non-stop new building(growth), the prices of "used" homes might be held down a bit. Unless there are other factors, many folks will choose new over pre-owned for roughly the same price(or just slightly more).
It really does depend. We deliberately sought out an older home in an established neighborhood with mature trees and the price wasn’t that much of a discount. Ours turned thirty this year but it’s effective age is lower than that. I’d rather an older home that’s already withstood the test of time. Almost like an old honda. These older homes also tend to be on bigger lots. There’s no way I’d want to go back to neighbor on top of neighbor, sticks with leaves aka trees, and builder “landscaping packages” again just to have sparkly new lol. Better yet get an updated older home
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Old 06-01-2019, 10:48 AM
 
Location: Avery Ranch, Austin, TX
8,977 posts, read 17,552,407 times
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Quote:
Originally Posted by riaelise View Post
It really does depend. We deliberately sought out an older home in an established neighborhood with mature trees and the price wasn’t that much of a discount. Ours turned thirty this year but it’s effective age is lower than that. I’d rather an older home that’s already withstood the test of time. Almost like an old honda. These older homes also tend to be on bigger lots. There’s no way I’d want to go back to neighbor on top of neighbor, sticks with leaves aka trees, and builder “landscaping packages” again just to have sparkly new lol. Better yet get an updated older home

I don't think we are talking older homes in the same way. If someone buys in Easton thinking the price will go up over time, they may be surprised how many new homes they will be competing with for the next 10 years or more. There's plenty of land yet to be touched around there.

Same regarding trees..."older" in the <10 years sense doesn't mean there will be mature trees like the ones at your house. And the lots aren't bigger now compared to what they will be at the new construction for the next decade. Pretty much the trend for the last decade or more has been to minimize lot size....1/4ac appears to be the norm, with many closer to 1/5ac.
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