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Buying New Vs. Buying Used

Categories: Bloomington-Normal, neighborhoods | Posted: August 16, 2013

It Just Makes Sense!

As America’s housing market finally trickles back, potential homeowners have a choice, should they buy a used home or should they look for something new. Sadly, prospective homebuyers often times only look at the selling price difference between a new and used home and not the associated costs or benefits that each offers. Don’t make this mistake.

The cost saving are numerous when selecting a new home vs. a used one. A higher resale value, lower taxes over the first two years, lower homeowner’s insurance, lower upkeep costs, and smaller annual maintenance costs all point to the significant benefits of owning a new renovation-free home. Housing experts found that used homes built just 10 years ago will have annual maintenance costs that are 580% higher than their new home equivalents and an energy efficiency level 30% lower than that of a home built today. Don’t let an old roof or an outdated kitchen suck up all the savings you could be spending on things you and your family enjoy.

Also remember that “Time is money.” Many new home-owners are finding that owning a new home vs. used is not only saving them money, but also their time. According to studies, homeowners who built new saved an average of 58 hours per year compared to those whose homes were built only 10 years ago. That’s a lot of time saved to do what you want to do. One can see that the time and costs spent repairing a home, in the long run, will be significantly more than simply starting fresh and buying new. New home ownership IS an attainable dream, and one that O’Neal Builders can help you achieve. If you would like to leave the worries and costs of used home ownership behind you then contact us today or visit our website at!

Your August Summer Events Calendar!

Categories: Bloomington-Normal, neighborhoods | Posted: August 8, 2013

oneal builders custom home builder Bloomington Norma area august summer events

There’s so much going on this summer around the Bloomington-Normal and Peoria-Dunlap areas! From farmer’s markets to county fairs, there’s something for everyone in the family. Check out O’Neal Builders’ list of local events in and around the Bloomington-Normal and Peoria-Dunlap areas and let us know on our Facebook page if you and your family were able to make it to any of these fun summer events!

Downtown Bloomington Farmer’s Market [Every Saturday in August] – Enjoy the sights and sounds of local artists and farmers as they bring their fresh baked goods and home-grown produce to the historic square of downtown Bloomington. There is a variety of organic and chemical-free produce. It’s all fresh, original, and guaranteed to come from your own community right here in the heartland! BUY FRESH! BUY LOCAL!

Peoria Riverfront Market [Every Saturday in August] – Every Saturday morning, June 1-September 28, 2013 from 8am-noon. Liberty Park on Peoria’s Riverfront features local produce, meats, cheeses, baked goods, flowers, and local hand-crafted arts including jewelry, pottery, wood-turned items, and much more!

Sweet Corn Blues Festival [August 24th – 25th] – Do you enjoy corn, whether it be corn on the cob, kettle corn, or corn dogs? Well, Uptown Normal has the event for you. August 24th and 25th Uptown will be holding the annual Sweet Corn Blues Festival. On Saturday the festival will go from 10 am to 4 pm (or ‘till the corn runs out.) And on Sunday the festival will be celebrated from 11 am to 4 pm.

Illinois State Fair [August 8th – 18th] – Grab your family and head to the largest fair in Illinois! The Illinois State Fair is located a little bit outside of Central Illinois in Springfield, but it is worth the hour and a half trip. From shows and artists to rides and games there is enough at the State Fair to keep your family busy for more than a day. Open 7am – Midnight every night the fair is perfect place to enjoy the Illinois experience!

As a custom home builder in the Bloomington-Normal and Peoria-Dunlap areas we love seeing our communities so vibrant with activities for families! Follow us on Facebook to stay up to date with all the DETAILS happening around Central Illinois!