Buying New Homes versus Older Homes: What will fit your needs best? Whether you are buying your first house to call home or you are looking for a property to earn a passive rental income, the question is, should you buy a new construction home or an older more established home?  There are pros and cons to both.  Below are a few things that you should consider before searching for your next dream home or investment property. See also " What to look for when buying a home " Benefits of buying a new construction home Floor plan:  Newer homes have a modern floor plan that fit the changing needs of homeowners. Chances are good that the layout will lean to having, wide-open floor plans. Rooms tend to be larger and brighter with more natural light and large windows. You also have the option to opt for a custom-built home. Work with the contractor to create a traditional or modern layout that works for your lifestyle. Personalization:  Whether you are buying a cust...