New Construction vs. Resale in Denver: Which Gives You More Value Right Now?
New Construction vs. Resale in Denver: Which Gives You More Value Right Now? By Nick Schmuecker | SellingCO | Compass Denver If you’re thinking about buying a home in the Denver metro area right now, you’ve probably noticed something big: new construction is everywhere. From Castle Rock to Aurora to Thornton, builders are offering incentives, upgrades, and shiny new floor plans that make buyers wonder… “Should I buy new, or should I stick with a resale home?” As a Denver Realtor working with both new-build and resale buyers, here’s my honest breakdown of which option gives you more value in today’s market. NEW CONSTRUCTION Builders have gotten aggressive again — and that means opportunity for buyers. 1. Builder Incentives Are Back We’re seeing: Rate buydowns (yes, real 5’s exist right now depending on credit + lender!) Closing cost credits Free upgrades or design center allowances Discounted lots Price reductions on standing inventory These in...