Choosing Between A New Or Old Home

When looking for a home, you might be wondering if it’s better to go with an older home or a newly built home. There are many factors to consider when making this decision such as price, amenities, functionality, maintenance costs, aesthetics and location. The best thing to do is to sit down and make a list of factors that are most important to you. This will help simplify your decision in the end.

 

source: southdownhomes.wordpress.com

source: southdownhomes.wordpress.com

Newer homes are usually located in new subdivisions that are often on the outskirts. These homes tend to be more expensive than older ones but are less in energy and maintenance. Because they are situated in newer developments, there will usually be like-minded people and family types settling in there. When it comes to landscaping, new developments are usually lacking, as least for a first few years. They usually start out with small trees, fewer walkways and sparse vegetation. What they lack in landscaping and closeness to the town center though, they usually make up for in amenities such as clubhouses, pools, playgrounds and biking/running trails.

 

source: buttonbirddesigns.com

source: buttonbirddesigns.com

 

Older homes can usually be found in the town or city center and are less expensive due to years of wear and tear, but can become quite costly in maintenance and energy costs. Because the neighborhoods have been established for a while, you will find they are much more diverse in both age and race. Older homes come with more mature trees and shrubs that offer shade and privacy. Although these neighborhoods have less in the way of amenities, they are located close to shopping areas, restaurants and usually jobs as well.

 

If you’re looking for a more spacious home with all the upgrades to accommodate modern living you’ll probably be happier with a new home. Yet, if you’re looking for a home with character, history and close knit communities, an older home might be perfect for you.