Monday July 25, 2022
New Construction or Historic Homes?
When you decide to own a home, there are several questions you need to ask regarding the location, amenities, and size of your dream home. Detailing what you need is crucial to choosing a new construction or historic home. The age of the home is one factor to think about since there are clear differences between historic and newly constructed homes in terms of maintenance, safety, and cost.
New Construction Homes
New construction homes are built with modern-day families or homeowners in mind. A new construction home may also include amenities like a gym or pool. This is a great advantage since you don’t have to walk or drive to the nearest shopping center to access these facilities.
Besides, buying a new construction home means you will have few renovations, remodels, or repairs to complete. Knowing that you don’t have to take up significant projects after moving in can offer peace of mind.
However, new construction homes often come at higher prices due to the conveniences and modern layouts. Since most new construction homes are built away from cities, you may have to commute longer to school or work. Other cons of new construction homes include:
- Potential HOA fees
- Limited room for negotiations or bidding wars
- Costly and time-consuming landscaping
Older homes tend to come at lower prices and have various design sensibilities than new construction homes. These homes are typically located in cities or towns where you can easily access amenities.
However, older homes may have outdated technology and may not meet up to current building codes. Maintenance costs are typically much higher in an older home. Typically these homes’ measurements are not designed for modern equipment, furniture, or appliances. For instance, you may find a home with a kitchen that’s too small to accommodate your fridge or other appliances.
Find the Home of Your Dreams at Landmark 24 Homes
Ready to begin the home buying process? Visit one of our preferred lenders to learn more about the homes we have available. We have quality new construction, historic, and personalized homes just for you!