วันพุธที่ 22 สิงหาคม พ.ศ. 2561

Is It a Better Value to Buy a House That Is Older Than One That Is Newer?

When you get ready to buy a house, the first question is often "old house versus new house?" Your answer may be a matter of taste. Would you prefer the character of an older home, or would you rather buy a house that has brand new appliances and amenities? Established neighborhoods with tall trees, large lots and pretty landscaping. Older homes are often located in neighborhoods that are more centrally located, with shopping and other businesses within walking distance. They are often located on larger pieces of property than newer homes that are built closer together in cramped allotments.

But, there is also the matter of value when you buy a house. Are older homes a better value than newer ones? Experts say you should consider the advantages of age when you buy a house, as older homes hold their value more than new construction. There are several reasons for this.

Older homes usually have lower property taxes. But, if a home has not been maintained properly, the money saved on taxes may be offset with needed repairs when you buy a house that is older. Newer homes are usually more energy efficient, with better insulation and updated heating and cooling systems.

On the other hand, you may be able to negotiate a better price when you buy a house that is older, particularly if the sellers have lived there awhile and have built up equity. With a few upgrades, you can add features that are in newer homes.

When you look at statistics, newer homes have not appreciated in value as much as older homes. Specifically, homes built in คอนโดมือสอง the 1930s have appreciated by 97 percent, where those built in the 1990s only appreciated by 12 percent. The glut of new construction in the 1970s through 1980s flooded the market with homes that lacked character and were often shoddily built. If you want to buy a house that was built during this period, be sure to check workmanship and have a thorough inspection done. The high tech features and luxury amenities that have been popular since 1990, such as granite countertops and huge closets, have not paid for themselves. So while these may be desirable for your lifestyle, they may not add to the resale value of the house.

In the end, it is a matter of taste and budget. The best strategy is to carefully consider what features are the most important to you, and find a house that matches that profile.


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