First of all design and layout is something that should be taken into consideration. The newer home generally include bigger rooms, ample closets, and larger and more bathrooms. Also there are more options like paint color, the type of cabinets, king of flooring, and also custom wiring. Also a new home could feature walk in closets and extra bathrooms. An existing home is just what the previous owner had for a design, it may not be what you would like however this can be all changed . To renovate would be a costly job and upgrades can also be quite expensive. For everyone that has a love for Victorian style home or for hardwood flooring will fall in love with an existing home.