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New vs Used Park Homes: Weighing the Pros & Cons

Posted on 05/10/2024 by Parklands

Choosing to move to a park home is a celebratory milestone, but there are inevitably further questions and deliberations to be had in the buying process. Choosing between new and used options is a common quandary to have. In this article, we’ll discuss the pros and cons of both options to hopefully help you with your decision.

New Park Homes

Pros

  • Comprehensive Warranties

New park homes offer the allure of a pristine, untouched property. They often come with warranties that provide peace of mind. A typical warranty includes a year-long guarantee on all components and a 10-year structural warranty. This means you can enjoy your new home knowing that any issues will be addressed without unexpected costs.

  • Endless Customisation Options

If you opt for a made to order park home, you can customise the home exactly how you want it, from appliances and colour scheme to the entire layout of the home.  The options for customising your home are endless.

  • Your Choice of Plot

As with choosing/customising your park home, you’re also able to choose your own plot on which to site your home amongst what is available.  Different plots naturally have different aspects; some offer better sun exposure, whilst others may offer more privacy.  Moreover, different plots may be different sizes which can accommodate larger or smaller park homes.  The pros and cons for each plot are personal to you, but by buying a new home, you have the advantage of finding the right plot, and the most suitable park home to take make the most of its position.

Cons

  • Longer Build Times

Having a park home built to order can take some time.  At the time of writing (12-09-24), from the time of ordering the home, typically it takes 3-months to have the home ready to move in to.  There are also risks of potential delays with completion.  If you need a home sooner, a showhome can offer a simple solution.  Our latest showhome, the Omar Colorado 45×20, is available to buy and move into now.

  • Potential for Minor Snags

As with any new home, it is inevitable that you may experience snags with the home that will require attention.  The process of reporting and fixing any issues is straightforward, but it’s worth considering.

Used Park Homes

Pros

  • Better Value for Money

They can offer greater affordability.  From our experience, used park homes have not depreciated in value, however, as the price of raw materials increases, relative to the cost for a new home, a used park home may appear comparatively better value.

  • Quicker Move-In Times

As the home is already on site, buyers can avoid the lead times required for a made to order home.  It’s worth bearing in mind that you may still have to experience delays in terms of conveyancing and sales chains

Cons

  • Outdated Designs

Inevitably, as new homes are designed by manufacturers and interior design trends change, older homes may appear more dated.  There’s nothing to stop you refreshing the home yourself of course and applying your own tastes.

  • Expired or Limited Warranties

Depending on the age of the home, warranties may have expired or diminished so you’ll need to be prepared to fork out for suitable tradesman and manufacturers if/when anything goes wrong.

Conclusion: Should I go new or used?

The decision is entirely yours and ultimately depends on your budget.

Whether new or used, moving to a park home is a fantastic choice for retirement. If you’re unsure if it’s for you, we urge you to visit us. Located just outside of Lincoln, our retirement village is truly the perfect place.

If you’d like to learn more about the park homes for sale on our site or have any questions about the available options, we’d be delighted to assist you. Simply get in touch with us today!

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