While twice as many American consumers prefer a newly built
home compared to an existing dwelling, many are reluctant to pay extra for new,
according to the results of a new survey from Trulia.
Forty-one percent of respondents said they prefer to buy a new
home over a previously lived in one, compared to 21 percent who said they would
prefer an existing home at the same price. But of those buyers interested in
new homes, only 46% were willing to pay the 20% premium that new homes
typically require. In fact, only 17% of respondents said they would pay at
least 20% more for a new home.
