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That's been my experience, as well. If you want to buy into an established neighborhood, it can be more expensive.
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That's been my experience, as well. If you want to buy into an established neighborhood, it can be more expensive.
In the area where my parents live in HTX and in DC, new homes are dramatically more expensive even with fewer amenities, less of a yard, and general construction in the area. Where my parents live the new construction will put the same size how or there about with less of a yard (plot size is smaller but also narrower) it turns out as well people like the big oak and pecan trees and those alone add roughly $60k to the price of the house.