Buying a New Build in Kamloops vs. a Resale Home: What’s Right for You?

Kamloops offers a variety of housing options—from brand-new developments in Aberdeen and Juniper West to charming character homes in Sahali and Brocklehurst. If you're thinking about buying a home here, one of the first big questions you'll face is: should I buy a new build or a resale home?

Each option comes with its own advantages and trade-offs. This guide will help you understand the differences so you can choose what’s right for your lifestyle and budget.

What to Expect from a New Build in Kamloops

Move-In Ready, Modern, and Low Maintenance

Buying a new construction home means everything is fresh—from the foundation to the finishes. Here’s what buyers love about new builds:

Pros:

• No repairs or upgrades needed—everything is brand new
• Modern layouts with open concepts, larger windows, and energy efficiency
• New Home Warranty coverage for peace of mind
• Customizable finishes if you buy early in the build process
• Better insulation and energy savings due to current building codes

Cons:

• Higher price per square foot than some resale homes
• Landscaping and fencing may not be included
• Construction delays can impact your move-in timeline
• Neighbourhoods may still be under construction

Neighbourhoods like Westsyde, Aberdeen Highlands, and Juniper West offer many newly built or soon-to-be-completed homes with great appeal to young families and professionals.

What to Expect from a Resale Home in Kamloops

Established Neighbourhoods and Character

A resale home is one that has been previously lived in—and that can be a good thing. These homes often come with history, charm, and more mature settings.

Pros:

• Established neighbourhoods with trees, parks, and schools nearby
• Often more yard space and larger lot sizes
• No GST to pay (unlike new builds)
• Faster possession dates and less construction uncertainty
• More negotiation room on price

Cons:

• May need repairs or upgrades (roof, furnace, windows)
• Older layouts that may not suit modern tastes
• Higher maintenance depending on age and condition
• Potential for hidden issues—always get a thorough inspection

Areas like Valleyview, North Shore, and Lower Sahali are great for resale options with unique character and location benefits.

Key Factors to Consider

Lifestyle, Budget, and Long-Term Plans

Still unsure which way to go? Here are some key questions to guide you:

• Do you want to move in right away? → Resale might be faster
• Do you love customizing your space? → New builds offer flexibility
• Is energy efficiency important to you? → New homes often save more
• Do you prefer a mature neighbourhood? → Resales offer established communities
• Are you okay with potential repairs or renos? → Resales may require some TLC

There’s no wrong answer—it all comes down to what works best for your needs.

Financing and Costs to Watch Out For

Don’t Forget the Extras

Whether you're buying new or resale, there are additional costs to consider:

New Build Costs:

• GST (5%) is typically added to the purchase price
• Potential for appliance upgrades or add-ons
• Landscaping and exterior finishing may be extra

Resale Costs:

• Home inspection and possible repair costs
• No GST
• Lower closing costs in many cases

Get pre-approved early and speak with your mortgage broker about how these costs affect your overall budget.

Final Thoughts: Choose the Home That Fits You Best

In Kamloops, you have great options—whether you're drawn to a sleek new build or a cozy home with history. The right choice depends on your timeline, lifestyle, and how much work you're willing to take on after the sale.

Talk with a real estate agent who understands both the new construction and resale markets to get a clearer picture—and find the home that feels just right.