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New or Old House: Which Is Better?

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Buyers who are out looking at houses for sale often focus their attention on the property's price and location, which is not at all unusual. What they should be made aware of is that it is just as important to consider the age of a property because knowing the advantages and disadvantages of buying either a new or an old home will determine its worthiness as an investment. These characteristics, which are related to a house's age, are important things to consider.1.Square footageAt the moment, the gradual rise of the prices of construction materials are apparent in the fact that while house prices are continuing to go up, the sizes are going down. On the contrary, because older houses were constructed during the years when materials didn't cost as much, developers were able to make them bigger. This means that a new but smaller house would probably cost a buyer pretty much the same amount if he was to buy an older but bigger house.2.Size of roomsOf course there's another way to look at size: many of the houses built long ago have smaller closet space and bathrooms, so if you like having a lot of room in these areas, you would probably prefer buying a new house for sale.3.ModelYears or even decades ago, the houses were being designed with a lot of features that made them distinct from each other. A lot of newer homes these days, if they are built in close proximity with each other or in the same neighborhood, might have form and aesthetics that are similar, so if you value having a distinctive-looking property, you will have to spend more to renovate a newer home after you buy it.4.Patch-upsOlder homes have been used by different owners and have sustained years of use, which shows that they are able to stand time and the elements. In spite of this, older homes do have quite a lot of wear and tear, and you might have to take the repair money for them out of your own pocket if the sellers decide that they want to sell their home as is. In contrast, since brand new houses have never been used, they do not need any repairs when you buy them. You have to make sure that the house was built using excellent quality construction materials, though, or you'll be spending money on repairs very early.5.ProximityYears ago, homes were constructed in areas very close to main roads and important businesses, so if you choose an older home to buy, you won't experience any trouble with transportation. Newer homes are resigned to places that are a bit farther because most of the prime locations have been taken up by older properties. If your house is beyond the city limits, you might experience more difficulties in travelling to and from the establishments that you need.Whether you choose an older or a newer home, it is important to ask for it to be inspected by a professional so that you can be informed of how good it really is even below the surface.

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