We hear it all the time: Should I renovate my existing home or tear down and buy new?

In our experience, building new always gets you the biggest return on your investment. Plus, there are so many additional benefits of a brand-new home:

Building new offers more energy efficiency, making your home comfortable and cost-effective from day one. It’s the best choice for resale, often providing instant equity, while giving you access to modern finishes you can’t achieve with a renovation—think soaring ceilings and contemporary details. You can create a cohesive look throughout, and most importantly, get exactly what you want, from the layout to every last finishing touch.

We put together this graphic to illustrate our point. We based this on a home in Vienna, Virginia, and a Penrose Model.