True Cost of Ownership: New Build vs. Resale
New construction has CDD fees — but zero maintenance costs for years. See the real monthly numbers side by side and find out which actually costs more.
Property Details
New Construction
$692
/month (non-mortgage)
Similar Resale
$725
/month (non-mortgage)
New construction saves you $33/month ($400/year)
Cost Breakdown Comparison
Why New Builds Have Lower Maintenance
- Years 1-2: Full builder warranty covers structural, mechanical, and cosmetic issues. Your out-of-pocket maintenance is essentially $0.
- Years 3+: Major systems (HVAC, roof, water heater) are still new. Budget ~$100/month for minor upkeep — landscaping, filters, cosmetic touch-ups.
- Resale reality: Older homes need $200+/month in ongoing maintenance — aging HVAC, roof repairs, plumbing fixes, and appliance replacements from day one.
What About CDD?
Yes, new construction communities have CDD fees. But this pays for amenities (pools, playgrounds, trails) that resale neighborhoods charge higher HOA fees for — or simply don't have. CDD bonds also pay off over time (typically 15-30 years), reducing your annual bill.
Get Pre-Approval Guidance
Barrett connects you with trusted local lenders who understand the full cost picture of new construction — including builder incentive programs that offset CDD and closing costs.
Barrett Henry, REALTOR® — REMAX Collective