A new offering may be land, a home under construction or a completed house. Those are different purchase paths. At Old Edwards Reserve, compare the actual status and documents of each option with an existing resale before deciding which route meets your timing and design needs.
Identify What Is Being Offered
Make the scope visible before comparing prices.
Vacant land or construction
For a homesite, evaluate the building envelope, utilities, design requirements and project team. For a house under construction, obtain specifications, included finishes, allowances, change-order terms and the contract’s completion provisions. A rendering is not a finished feature.
Existing resale
Inspect the house, review maintenance and permits, and estimate any changes needed for your use. Confirm included personal property and systems. An existing home can still require substantial preparation, so compare realistic occupancy dates rather than treating closing as automatic move-in readiness.
Use a Like-for-Like Budget
Compare the same finished living requirements.
New project costs
Add design, studies, approvals, site work, construction, financing and carrying costs to the land price. Identify allowances and work not yet priced. Confirm warranties and inspection opportunities for a new home; new construction is not a substitute for independent review.
Resale costs
Add immediate repairs, desired renovations, temporary accommodation if needed and recurring ownership charges. Determine which proposed alterations require community or government approval. Avoid assuming every existing Reserve home is well maintained or that every renovation has the same review requirements.
Make the Timing and Access Decisions
Resolve the dependencies that matter to you.
Approvals and membership
Obtain current architectural, club and marina materials applicable to the specific property. A newly released lot does not automatically include a dock, slip or special membership benefit. Keep unapproved improvements out of the committed budget until feasibility is established.
Choose with current availability
Compare actual available options, dates and contract terms. No evidence supports a blanket claim that the best Reserve resales sell privately or that new homes always hold a premium. David can help assess the choices through the buyer guide.
Sources for Planning
Reviewed September 27, 2026. Check the applicable current information for your situation.
Old Edwards Reserve official community information
Frequently Asked Questions
The questions buyers and sellers ask David first.
Is a new offering necessarily a move-in-ready home?
No. It may be land, a planned home, construction in progress or a completed house. Confirm the exact scope and contract.
Does resale avoid all approval work?
No. Planned alterations, membership and other property arrangements may still require approval or separate agreements.