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Buyer Guidance

Pre-Construction or Resale in 2026: An Honest Comparison

Maureen RotellaJuly 1, 20268 min read

It is the question nearly every buyer eventually asks me, and the honest answer depends far less on the market than on which specific advantage matters most to your life. Here is how I help clients decide.

St. Regis Residences Bahia Mar new construction towers

With so much new construction reshaping the Fort Lauderdale skyline — branded towers from St. Regis, the Ritz-Carlton, Rosewood, and more — the pre-construction question comes up in almost every buyer conversation I have. Should you buy something new that has not been built yet, or something that exists and that you can walk through this afternoon?

Most of the answers you will find online are written by someone with an incentive to sell you one or the other. I represent buyers on both sides, so let me give you the version I give my own clients, which is simply an honest accounting of what each path actually offers in today's market.

The case for pre-construction

Buying pre-construction means buying the latest of everything. New buildings arrive with current codes, contemporary layouts, and the design language buyers want right now — the warm, organic-modern aesthetic that has taken over the high end. Just as importantly, a new building has its structural reserve study built into its budget from day one, which means none of the catch-up assessment risk that hangs over older condominium stock in Florida right now.

There is also a pricing structure worth understanding. Developers release inventory in phases, and the earliest buyers typically access the lowest pricing before subsequent releases move up. If you believe in a building and its location, getting in early on the deposit schedule can be a genuine advantage. And the deposits themselves are staged over the construction timeline rather than due all at once.

Pre-construction is a bet on the future, made at today’s price. Resale is leverage you can use this afternoon.

The tradeoffs are real, though. You are buying from a rendering and a floor plan, not from a home you can stand inside. Delivery timelines move. And in a market where so much new supply is arriving at once, you want to be confident in the specific building, the developer's track record, and the location — not simply in the idea of new.

The case for resale

Resale offers the one thing pre-construction cannot: leverage, right now. In today's recalibrating market, a home that has been sitting for sixty or more days is a home where you have genuine room to negotiate. You can see exactly what you are buying, walk the space, feel the light, test the water access, and make an offer grounded in reality rather than a rendering.

This is especially true in the condominium market, where inventory has swelled and buyers hold real negotiating power. It is less true — and I want to be honest about this — in the deepwater single-family market, where scarcity keeps the best waterfront homes firmly in demand regardless of the broader softening. You will not find fire-sale pricing on a prime deepwater lot, because they are not making any more of them.

Resale also lets you inherit a known quantity. With an existing condominium, the reserve study, the milestone inspection, and the assessment history already exist as documents you can read. You are not guessing at how a building will perform. You are reading how it already has — which, given everything the recent condo legislation changed, is worth a great deal.

How I actually help clients choose

The decision rarely comes down to the market. It comes down to which specific advantage matters most to the person in front of me.

Questions I ask before we choose a path

  • What is your timeline? If you need to be living somewhere within months, resale is the answer. If you can wait two to four years for delivery, pre-construction opens up.
  • How much certainty do you need? If seeing and touching the exact home matters to you, resale. If you are comfortable trusting a strong developer and a floor plan, pre-construction rewards that comfort with the newest everything.
  • Where does negotiating leverage rank for you? If getting the best possible price on a home that exists is the priority, today's resale market gives you that. Pre-construction pricing runs on the developer's schedule, not yours.
  • Are you buying a condominium or a waterfront home? The answer shifts the calculus entirely. Condos favor patient resale buyers right now. Prime waterfront favors acting decisively, whichever path you take.

One more note, because it comes up constantly: the new construction wave is not only a set of options to buy. It is also lifting the resale market around it. Every ultra-luxury tower that delivers resets the pricing benchmark for established buildings nearby, which supports value for resale owners even as it adds choice for buyers. The two markets are not really separate. They move together.

So there is no universal right answer, and anyone who gives you one is selling something. There is only the right answer for your timeline, your tolerance for uncertainty, your need for leverage, and the kind of property you are after. Sorting through exactly that — without an agenda about which one you choose — is what I am here for.

Maureen Rotella
Maureen Rotella
Luxury Advisor, Compass · Fort Lauderdale & Lighthouse Point

Whether you lean toward a brand-new residence or an existing home you can walk through tomorrow, I represent buyers on both sides and have no agenda about which you choose. Let us figure out which one actually fits your life.

Weighing new versus resale?

I represent buyers on both sides, with no agenda about which you choose. Let us find the path that actually fits your timeline and goals.

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