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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Hildi Baker , CSP, ABR, CRS & Terri Coyle, ABR
Prudential Fox and Roach Realtors
601 E. Baltimore Pike
Media, PA 19063
Hildi Baker's Direct : 610-627-4925
Terri Coyle's Direct: 610-892-5773
Business: 610-566-3000
Fax: 610-566-8664
Email: hildibaker@prufoxroach.com
Email: Terri.Coyle@prufoxroach.com

Hildi Baker is a full-time Realtor with over 25 years experience selling in Delaware County, Chester County and the Main Line. Hildi is a recipient of many Multimillion Dollar Producer Awards as well as multiple Service Awards. She is an accredited Buyer's Representative and has worked with many relocation clients. She has a Bachelors Degree in business and languages and is bilingual in English/German. She came to the US from Europe in 1967. As a US citizen, she has lived in Delaware County for 43 years during which she raised 3 children. For more information on Hildi and her background, please check out the "About Us" tab! Terri Coyle is a lifelong Pennsylvania resident. She grew up in Yardley, Bucks County and is a graduate of Drexel University. Her undergraduate degree in Accounting and MBA in Human Resource Management combined with 17 years experience with a local advertising agency provide the financial, people and marketing skills necessary for the real estate business. Terri has lived and raised children in Delaware and Chester counties for the past 20 years and happily worked in Real Estate for the last five. She is an Accredited Buyer's Respresentative as well as a Relocation Specialist. For more information on Terri, please check out the "About Us" tab. With honesty and integrity Hildi and Terri will employ vast Real Estate knowledge to provide you with excellent customer service in a timely and caring manner that produces exceptional Real Estate results.