08/26/2020
Old house vs. new house:
If you're shopping for a place to live, this may be one of your primary decisions. Is it better to buy brand-new? Or do homes, like wine, get better with time? It turns out there's no one-size-fits-all answer, but there are distinct pros and cons to each purchase.
In other words: You'll cough up nearly $100,000, or 30% more, for a new home. That's a sizable price hike! However, that money you save buying an old home may not remain in your pockets that long, since old homes are often less energy-efficient—and thus will cost more to heat and cool. And sooner or later, something is bound to break down, too (more on that next).
New homes are typically more energy efficient than older houses, having been built with newer building materials, better insulation, and state-of-the-art tech. Consequently, energy costs should be lower than with a resale property.
Maintenance: Love it or loathe it?
Just like we mere mortals when we get up there in years, old homes come with an inevitable need for repairs, replacements, and upgrades. On the other hand, "New homes should be worry-free for several years,”. “A brand-new hot water heater, HVAC system, and roof all but ensure no major out-of-pocket expenses for at least eight to 10 years in most cases.”
If you’re seeking a life with fewer hassles, or don’t have money in reserve for emergency repairs and unexpected expenses, a new home may be the way to go. With a recently built home, "You'll have peace of mind that all systems are new, up-to-date, and you’ve got no problems that could come down the line,". "Some of those issues can be pretty drastic."
For more information or new communities in your area , please contact to me any time .
God bless you !🙏🏻
Valeria Fernández Mata
954-822-9712