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Should I buy a new home or an old home?

Which Should I purchase
Which Should I purchase

You have made the decision to purchase a new home… now what?  Should you buy a brand new home or a resale property?  This is not an easy question to answer, as both have their pros and cons.  What are your specific needs?  This has the biggest impact on the new property?  The best way to reach a decision is to carefully weigh out your pros and cons of buying new or an older home.   Remember,  a home is an investment that lasts a lifetime, so the decision to buy one must be carefully thought out.   In that way, an informed decision can be made using all the available information.

Why you should buy an old home? There is a saying, “The older a shoe, the more comfortable it gets.”  This also applies when it comes to a house.  An old house is a good choice to buy because it has already been lived in by previous occupants.  So, it is safe to assume that there are no glaring deficiencies in the structural organization of the house.  Old houses are also in need of lesser repairs as the previous occupants may have already taken care of most of the repairs that were needed. Many extras, such as curtains or furniture, may also be available to you if the seller does not plan to empty out the entire house. Also, an older house is usually located in an established neighborhood, which will be better for you as you can go and meet the neighbors to get a feel of the locality. Thus one can say that a house is like wine, it gets better with age.

Why you should buy a new home? Buying a new home is like painting a picture on a blank canvas. Not only can you decide how the building has to be built, but you can add small requirements that will be useful for you. Also, buying a new home will give you all the up-to-date facilities that you need. With all the advances made in technology, new appliances are constantly being made available. An old house may not have the space for all of them. However, a new house will be built keeping them in mind. Buying a new home will allow you the flexibility that you need. Not many changes can be done to an old house, but a new house can be built in the way that you want it to be built. Moving into a new house is a brand new start, which is a good challenge for anybody. Many times sellers have not maintained the property very well, which can lead to a lot of work for you when you move in an old home. Vegetation could have overgrown in the garden or it could need a paint job. New houses are always in good condition. If you are looking to purchase a new home in Woodforest, a cool community just north of The Woodlands, check out our video on Woodforest and what is available there..

Knowing the pros and cons of both scenarios in mind will help you in making an informed decision.

Rick Raanes

Keller Williams The Woodlands  |  281-960-1900

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New Construction or Resale? | Which is better? | RockStar Group

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