Bend, Redmond and La Pine real estate and homes for sale in Oregon - Michael Nichols, REALTOR® Michael Nichols REALTOR(r) for Bend, Redmond and La Pine, Oregon real estate - NUMBER1EXPERT™ Michael Nichols NUMBER1EXPERT(tm) for Bend, Redmond and La Pine, Oregon real estate
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Michael Nichols, REALTORŪ, real estate agent and broker for Bend, Redmond and La Pine Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)
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Real Estate Tips
Buying Land and New Construction >Buying New or Buying Old

New homes typically have a higher sales price than comparable existing homes, and buyers are usually willing to spend more on a new home because of lower maintenance costs. Builders' warranties on new homes, when combined with a new roof, appliances, and major systems, usually make major repairs unnecessary and help to counter a slower initial rate of appreciation.

Census Bureau Housing Surveys suggests that operating costs are lowest for brand new homes and slightly higher for relatively new existing homes. Operating costs per square foot of living space are consistently higher for progressively older existing homes. Utility costs represent the largest factor in operating costs. Energy consumption per square foot depends on the size of the home, the insulation and quality of the windows, air leakage and the efficiency of the furnace.

New homes require fewer expenditures for routine maintenance. The cost of maintenance first increases with age, then declines, so you will generally spend less maintaining a home built before 1960 than for a home built between 1970 and 1975.

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Real Estate Trivia
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Lenders in 14 states--California, New York, Oregon, Utah, Vermont and Wisconsin and 9 others--have what in common?

A 
Lender in these states must pay interest on funds held in escrow accounts.
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Michael Nichols, REALTORŪ, real estate agent and broker for Bend, Redmond and La Pine Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Michael Nichols
Keller Williams Central Oregon Realty

1340 NW Wall Street
Bend, OR 97701
Office: 541-382-1214
Cell: 541-480-2212
Fax: 541-389-8893
Email: CentralOregonPropertyOnline@NUMBER1EXPERT.com

Michael J. Nichols is a Principal Broker in the state of Oregon. Looking for homes? Search everything the web has to offer, right here! Don't miss my Feature Homes. Need local real estate information? I've summarized much of what is important about the Bend, Redmond, La Pine and all of Central Oregon real estate markets in this site. Need expert advice? No web site, large or small, can take the place of a top Realtor. Not even mine! This site is filled with ways that you can contact me for one-on-one expert help and advice. That's my job. Contact me with confidence! I guarantee your privacy will be respected, and I offer the services on this site for free and without obligation. Why? I want to be YOUR Realtor. As your trusted, professional real estate partner, I will help you find the best home in your area within your price range. Together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. As a top Bend, Redmond and Prineville Realtor, I have the experience and track record you are looking for. Please let me help.

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