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  • Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from The Gardner Team, a proven Bend, Redmond and Sunriver, Oregon NUMBER1EXPERT™ Top Selling real estate agent.

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Real Estate Tips
Buying Land and New Construction >Buying New or Buying Old

New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.

Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.

New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.

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Real Estate Trivia
Q 
What area in the U.S. is known for its pre-civil war mansions?

A 
Natchez, Mississippi boasts over 500 pre-civil war-style mansions; many are open to the public as museums.
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The Gardner Team, REALTOR®, real estate agent and broker for Bend, Redmond and Sunriver, Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

The Gardner Team
Bend Brokers Realty

22055 Rickard Road
Bend, OR 97702
Phone: 800-464-2363
Fax: 541-317-0513
Local Phone: 541-389-7369
Email: thegardnerteam@NUMBER1EXPERT.com

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