New homes not only boast the latest amenities and materials, they allow you to select the finishes and details you love. Older homes typically have older, often outdated appliances, roofs, HVAC systems, materials and finishes. When comparing new and existing homes, consider the cost of replacing things you can see – outdated systems, appliances and materials – and things you can’t see – wiring and plumbing. A new home gives you a fresh start, with many years of worry-free living. With an existing home, it’s not always clear how well the homeowner maintained the property.