Buying A New Home vs. An Old HomeApril 8th, 2020 | by Jimmie Pogue | Posted in Uncategorized | #buying new home, #energy efficient, #old homes
When it comes to buying your home, there are many questions and options. One question many ask themselves is, “should I buy new or old?” Each option holds its own pros and cons that you will need to consider before making the decision that is best for you and your family! Our first suggestion is making a list of your needs then take a look at our short list of our comparison between buying new vs. buying an old home.
Build To Your Style
Building a new home you have the ability from the beginning to choose cosmetic fixtures from the exterior to the interior based on home builder options in the design center. This allows you to design a home to fit your style avoiding extra costs down the road for remodeling. In older homes, floor plans were designed for a different lifestyle, like smaller rooms and less open floor plans, but if you would like to make changes in an older home, you would have to go through the process of hiring reputable contractors, purchasing materials, and allowing the time for the construction to be done in your home.
New builds are built to meet better energy standards. Improved insulation is just one way new homes reduce heating and cooling costs. In addition to the insulation, brand new appliances and double-paned windows use less energy. Older homes use more energy because of out-of-date materials, but you can retrofit an older home to improve energy efficiency.
A new home builder warranty covers structural aspects of the home for an average of 10 years. This guarantees financial costs will be covered if something were to happen structurally. All warranties vary; be sure to read the details of what the home builder’s warranty covers and the length of time it is in place for. In an older home, you are responsible for any construction and upgrades to your house.
Considering the advantages and disadvantages of both a newer and older home, there is plenty to think about before you make the decision. Whether you’re ready to take on the maintenance of an older home for its charm or move into a newly constructed home, buying a home is exciting and rewarding.