"What is it going to be? Buy a new house or a period property with plenty of character?" This is the question I faced when looking to buy ฝากขายบ้าน a home. Here's an overview of what to expect with a new house and an older house to help with your decision.
There were two houses I liked, one relatively new and the other a 1920s period house needing renovation. Both about the same price and both good houses in their different ways. The new house would be good as it required little or no work doing to it, while the 1920s house needed everything doing to it; new heating system, rewiring, old lead pipes ripping out, new kitchen and bathroom, and possibly other unknown problems.
When looking for a new build the house survey required would probably be less in depth as the house may still be under guarantee from the builder. With newer houses the size of the rooms tend to be smaller but the level of insulation is to a much higher standard making the heating costs far less than a poorly insulated older house. However what I found was that newer builds tended to be on ubiquitous housing estates, or on more marginal land like a flood plain.
An older house requires far more thorough survey, so for example its checking it structurally and looking for signs of damp and checking whether the heating and electrical services are at an adequate standard. This type of survey costs more. But the older properties do have plenty of character with larger proportioned rooms and plenty of light. These houses tend to be in well established areas of town with mixed styles of housing and they tend to have larger gardens.
To opt for an older house, which needs renovation, raises a fundamental question. Do you know how you want it renovated, what style, how to arrange the bathroom and kitchen and also perhaps the most important question of all, do you have the funds and capabilities to undertake the project? You should get quotes for the required work, but also budget for 10% to 20% as your reserve and then ask yourself what happens if you needed even more than you had budgeted for, would you be able to cope? Tough questions but once you start a renovation it invariably uncovers unforeseen work that needs doing. So the more you can prepare at this stage the less stress there will be later on.
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