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Hutchinson, KS News

Hutchinson News
Local news for Hutchinson, KS continually updated from thousands of sources on the web.

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310 W. 27th. Street
Hutchinson, KS, 67502
Office: 800-339-8841
Cell: 800-339-8841
Fax: 800-339-8841
return on new vs previously owned homes PDF Print E-mail

What is the return on new versus previously owned homes in Hutchinson Kansas ?

Buying into a Hutchinson Kansas area new-home community may seem riskier than purchasing a house in an established neighborhood, but any increase in home value depends upon the same factors: quality of the neighborhood, growth in the local housing market and the state of the overall economy.
One survey by the National Association of Realtors shows that resale homes do have an edge over new homes. The trade group's figures show the median price of resale homes increased 4.3 percent between 1999 and 2000, compared to 2.8 percent for new homes in the same period.


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Last Updated ( Thursday, 04 September 2008 )
 
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