New Construction vs Existing Home: Which Is The Smarter Buy in 2026?
Nancy Che - Vancouver Real Estate
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New Construction vs Existing Home: Which Is The Smarter Buy in 2026?
188 просмотров · 3 недели назад
Nancy Che - Vancouver Real Estate
345 подписчиков
188 просмотров · 3 недели назад
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New construction vs existing home, which is the smarter buy in Metro Vancouver’s market?
I break down the real cost difference between new builds and resale homes at $1.5M and up: the 5% GST that catches buyers off guard, the new First-Time Home Buyers’ GST rebate, why the property transfer tax exemptions don’t apply at this price, presale strata-fee surprises, the 2-5-10 Home Warranty (and what it doesn’t cover), and the one principle that tells you which
home is right for your family.
Whether you’re weighing a brand-new build, a presale condo, or an established detached home, this is the honest breakdown to watch before you decide.
⏱️ Chapters below.
0:00 — The $100K difference nobody sees coming
1:00 — Why this is bigger at $1.5M+
1:35 — The real cost difference (GST vs property transfer tax)
3:05 — First-time buyers: the tax picture (and the new GST rebate)
4:15 — Buying a strata: fees, leaks & the warranty truth
6:30 — Buying a house: land, floor plans & older systems
8:00 — The principle that decides it
9:05 — Which one is smarter for you
#MetroVancouverRealEstate #NewConstruction #NewVsResale #VancouverRealEstate #HomeBuying #NewBuild #PresaleVancouver #RealEstate2026