What to inspect in resale
Look closely at roof, windows, mechanical systems, wiring, plumbing, insulation, moisture, permits and renovation scope. The lower list price is not the same as a lower total cost.
What to confirm in new construction
Review the agreement, disclosure documents, Tarion coverage, finish schedule, deposit timing, occupancy language, assignment terms and closing adjustments with your lawyer.
Take these with you
Questions worth asking
- How soon do you need to move?
- Which repairs or upgrades would a resale need?
- Which finishes and systems are included in the new home?
- Has a lawyer reviewed the agreement and schedules?
Match the choice to your timing
A resale can provide a more immediate possession path. A new home requires patience with construction and confirmation of the current occupancy or closing schedule.
Project pricing, inventory, timing, fees and incentives are confirmed separately for the current unit and may change.