We Were Featured as an Expert on Redfin Powered By Rocket

Realty AI Co-Founder Peter Kachan was quoted in the piece, sharing his perspective on one of the most common questions homebuyers face: whether to buy new construction or an existing home.

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NNathan SmithJul 13, 20263 min read
We were featured as an expert on Redfin powered by Rocket. Read the full article here: New Construction vs. Existing Home: Which Is Better to Buy?

Kachan emphasized that the real advantage of new construction is the lower long-term cost of ownership, not just the purchase price, pointing out that the median U.S. home is now over 40 years old and approaching costly replacements for major systems like roofing, HVAC, plumbing, and electrical, expenses a new-construction buyer can avoid for years.

Additional considerations that favor new construction

  • Inspections vs. codes: Standard home inspections are non-invasive, meaning inspectors can't open sheetrock, check sewer pipes, or examine plumbing behind finished walls. That leaves existing-home buyers exposed to issues that only surface after move-in. New homes, by contrast, are built to current codes from the ground up, so there's no history of hidden wear and tear to uncover.
  • Builder warranties: Many new homes come with warranties covering structural defects, major systems, and workmanship, a safety net that older homes typically don't offer, leaving owners of existing homes to absorb 100% of the cost when a major system fails.
  • Closing incentives: Builders often sweeten the deal with upgrades or assistance with closing costs, savings that individual sellers of existing homes are less likely to offer.
Kachan's insights appeared alongside perspectives from a licensed home inspector and a real estate broker, giving readers a well-rounded look at the trade-offs between building new and buying existing.

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