Buying in Coronado: New Construction vs. Remodeling

As real estate has recovered from the recession, we’ve seen two trends in our Coronado market. The first is an increase in new construction on the market. The second is more buyers evaluating whether remodeling their existing home or purchasing a fixer upper is the better route for them.

Each option comes with different advantages and disadvantages. Ultimately, determining which option is better for you comes down to your budget and preferences. Here is an overview of each of the two options. Coronado provides unique advantages for those looking to purchase a new home. Because land is limited, all the new properties on the island are built into existing neighborhoods.

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