Should You Buy a Pre-Sale or Resale Home in Langley?

Buying in Langley? One of the biggest choices you’ll make as a first-time buyer or investor is whether to go pre-sale (brand new, not yet built) or resale (already built and move-in ready). Each comes with big pros and cons — and one might suit your lifestyle or goals better than the other.

Let’s break it down:

🏗️ Pre-Sale Homes: The Pros

• More time to save: You usually pay a deposit upfront (typically 10–20%) and the rest later.

• Brand new everything: No one’s lived in it before — modern finishings, energy efficiency, builder warranty.

• Appreciation potential: If values go up while it’s being built, you might gain equity before moving in.

🛠️ Pre-Sale Homes: The Cons

• Delays happen: Construction delays are common.

• Hard to picture: You’re buying off floorplans, not walking through the space.

• Financing risk: Mortgage rules or rates could change before completion.

🏡 Resale Homes: The Pros

• Move in fast: You can usually get possession within 30–60 days.

• Know what you’re buying: You can walk through it, get a home inspection, and see the neighborhood.

• More flexibility in negotiation: Depending on market conditions.

🧾 Resale Homes: The Cons

• More wear and tear: Older homes might need repairs or updates.

• Fewer incentives: No GST rebates, limited warranty if any.

🤝 My Advice

If you’re buying your first home and want something turnkey — resale might be the safer bet.

If you’re an investor with flexibility, pre-sales can create long-term equity with a lower initial investment.

📩 Still unsure? Text me at (604) 288-7592 — or download my free Pre-Sale Buying Guide to dive deeper.