New vs Resale Calculator
New homes usually cost a little more, and it can take years to earn that back. A lower rate and fewer repairs can change the math. Pick your area and see which comes out ahead by the year you sell.
Comparing a Specific Home?
Tell us the two homes you are weighing, and we will run the real numbers with you.
Questions About New vs Resale
What is the new-home premium?
It is how much more a new home sells for per square foot than a similar-size resale nearby. We matched new sales with resales within a mile and within 20% of the size over the last 12 months. The premium varies a lot by area, and in a few areas new homes sold for less.
Why does a new home start behind?
On day one, a buyer of your home in a few years will compare it with other used homes. The extra you paid for new, plus selling costs, is the hole that appreciation has to fill.
What about builder incentives?
Sold prices do not show incentives, so the real premium may be smaller than the sold figures suggest. A rate buydown also lowers your payment, which this calculator counts. Try the Buydown Calculator to compare your incentive choices.
Is this a prediction?
No. Appreciation is not guaranteed, and repair costs are planning assumptions you can change under More Options.