Established property or new build? How do I get a new build for the same price as an established property? Established property or new build? How do I get a new build for the same price as an established property? How does depreciation affect my decision? How does depreciation affect holding costs? Long time WODer, first time presenter Michael Beresford tackles these questions in this Property Workout of the Day. Long time WODer, first time presenter Michael Beresford tackles these questions in this Property Workout of the Day.