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ADVANTAGES OF AN OLDER HOME
Advocates of older homes will tell you that it's difficult and potentially expensive to duplicate the charm of an older house in a newer one.
Older homes often have architectural details, higher-grade materials, and a degree of old-world craftsmanship not commonly found in newer homes. In new construction, you're likely to pay a lot for the installation of hardwood flooring. Also, the quality of a new construction home's location can be a factor. Unless you're one of the first to purchase in a new community, you may miss out on the desirable lots.
* You can see exactly what you are getting and don't have to try and picture the completed house from a set of blueprints.
* Structural faults are clearly seen and can be or have been corrected.
* The neighborhood is fully built up and its character has been established.
* Landscaping is in place and trees are mature.
* Existing homes often come with larger yards than new construction.
* There are generally fewer immediate move-in costs with an older home, because basic features like drapery tracks and sometimes window coverings are already installed.
* Special lighting fixtures are often included with the sale of an older home.
If you require a specific move-in date or need to sell your current home before purchasing another, a builder might not be able to accomodate you. Construction delays due to weather or material shortages can mean a new home won't be ready when it was promised. In addition, some builders won't accept offers with contingencies. Existing-home sellers often are more flexible on these points.
ADVANTAGES OF NEW CONSTRUCTION
On the other hand, new home advocates will point out that buying a brand new house is like getting a fresh start. You can choose to purchase a custom-built home designed exactly to suit your own needs, or a home built on order from a sample model house or plans.
* You have more flexibility with a new home in customizing your decor and landscaping to suit your tastes.
* You get fresh, unblemished walls and you can usually choose the type of flooring, carpeting and cupboards that you want.
* With most new homes, you generally get much more storage space and larger rooms.
* Today's minimum standards for plumbing, electrical, insulation, and heating systems are higher than ever before.
* Traditionally, land values tend to increase during the first few years as neighborhood services develop and the subdivision nears completion.
Regardless of what type of home you choose - old, new, or in-between - be sure you examine all your options first, so that you and your family are happy with the final choice. Experienced buyers know that location is the number-one consideration.
Start shopping online! Email LindaWiller@remax.net for property listings in your price range