Putting New Tile Up Where Old Tile Was Taken Down Buying New Homes Vs Old Homes

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Buying New Homes Vs Old Homes

1. “Necessary repairs” increase the value of the home– Generally, you can expect an increase in the value of your home when you do things like replace the air conditioner, furnace, or roof. You will get a higher offer on your home with these things than without them. So, while the idea of ​​buying a home with an old water heater that you’ll need to replace seems like a no-brainer, you’ll end up paying less than if they had them upgrade it for you (always use it as a bargaining chip! either ask them to do it or factor it into the value of the house). This combination can be a great way to buy a nice home at a very good deal.

2. “No Regret” Design Changes – The parquet floor has been there long enough to not regret ripping it out and replacing it. This tile from the 80s can be safely torn out. Trends expire, and it’s better to rip out a tile that’s out of date than a brand new tile that’s barely been used. And you can replace it with anything you want, whereas builders usually have a selection for you to choose from.

3. “Old House” charm – buy “magical” parts at new prices. Similar to old tile and hardwood floors, the moldings and carved woodwork that you often find in older homes have been “paid for” and are cheaper to buy in this older home. You will find decorating with these pieces a pleasure, as they are visually interesting and beautiful.

4. Cheaper to buy in advance – Older houses can be cheaper to buy in advance for the same square footage in the same area. This has a lot to do with the labor costs that go into new construction. You’re paying people wages when you buy these homes, whereas you’re just buying the property’s value from the seller of the old home.

5. Established Neighborhoods – Older homes are in older neighborhoods, and that can mean nice shade provided by mature trees, grassy yards, parks, and more. Drive through the old neighborhood and you’ll see the benefits of mature landscaping and the diversity of people who live there.

6. Renovation Potential – Because homes are often less expensive, lots are usually larger, and homes are not as close together, there is usually plenty of room to renovate an older home. Combine that with #2 and you’re in it to win, right?

7. Energy efficiency – Yes! Shockingly, I’m about to tell you that buying an older home can benefit your bank account. Small houses are cheaper to heat and cool. As long as you have or upgrade existing insulation features, smaller rooms and lower ceilings will be much cheaper to maintain comfort. And on the other hand, older homes weren’t equipped with modern cooling and heating systems, so they were built with features that kept things cool (no electricity, yay lower electric bills!)

8. Problems that have already been discovered and solved – provided that the previous owners were not complete D-bags, any problems that arose from the construction of the houses will already be solved. Things like occupancy have most likely already happened (true story – my parents bought a new building and they have huge stains around the door on one side of their house where they had the cracks from the new house repaired).

9. Variety in Choices/Styles/Designs/Layouts – When you buy from a builder, you get options. These options are the same option with all other homes sold by the developer. When you buy in an older neighborhood, you get a variety of styles, options, and finishes to choose from.

10. Location – Older homes are usually located closer to desirable parts of town. My old house is near the beach, other old houses in our town are in nice areas near the city center. New build homes are usually built on older, tree-lined sites and are set back from the road (and if you want to be set back, there are usually charming old farmhouses!)

11. Quicker to move in – Logically, an already built house would be faster to move into than one that is not yet there, right?

For more information – Mantri developers

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