Reasons for buying new:

1) You get a selection of floor plans, exposure & floor -not what just happens to be available on the market at the time you are looking at resale.

2) There are often various builder promotions: eg. Lower prices, free upgrades, free maintenance, cash back etc.   

3) You can stagger your deposits.

4) You can plan ahead.

5) You can prioritize saving & spending to accumulate a larger down payment.

6) You get to customize your unit & pick your finishes.

7) You can plan & buy your furniture ahead of time, since you already have a floor plan to work with.

8)  You can participate in the running of the board of directors, by being elected or voting for the individual members.

For any further information regarding this topic...click here