Used or New Home – Which Is Best For You?

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Buying a home is a big deal. It may well be the biggest transaction that most of us will ever undertake. There is a lot at stake. You want to make sure that you get the right property for you, not just for now but for the future as well. You want to find a home that you can afford and that you can grow into. Many home buyers think they know what they like. Some love the look and feel of new and others place character and potential higher. Which is best?

 

New builds and tidy homes.

It will depend on where you live, but the fact is that new building in most towns and cities is not exactly booming at the moment. This may be for a number of reasons. Primarily in cities, there is just not the space. In other areas, there may not be the demand. Therefore properties that do come up are often sought after. New build buyers have to register their interest sometimes before a brick or stone has been laid. Essentially you are buying off plan.

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That has some advantages. It means that you can personalize your home before you move in. A new build can also offer you security in terms of a guarantee for a number of years. This will protect you against any faulty material or workmanship.

 

Some people just like the idea that their home is new. It is likely to have been built to a high standard and utilised all the latest materials. On the downside it could be that the rooms and spaces are smaller. You also may well face limits or restrictions to what you can or cannot do with your property.

 

Used homes for character.

Buying a pre-loved or used home is for most people the way to go. It can be a great way to add value and put your stamp on a property. Used homes may be a hundred or fifty years old, and they often have a lovely sense of character. If you are considering buying a used home, you will need to have a professional home inspection. That can tell you if there are any problems you need to worry about.

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Buying a used home does have a certain amount of risk, in that you might have to update certain features such windows or doors. You may well want to reconfigure walls and change the uses of some rooms. Some people thrive on this kind of challenge. If you work with an established real estate agency, you will have a pretty good idea of what is going to be involved. They will also be well positioned to help you find the right home for your needs.

 

A used home may well be old, but essentially a brick is a brick. They were often built at a time when craftsmanship was highly valued, and materials were of good quality. This is not to say that the same values do not occur in a new build! Once a used house has been renovated however there may well be very little to differentiate the finish from a new home.

 

Ultimately if you are going to buy a house you will be led by your heart and gut feeling. Whatever you choose make sure that it is somewhere you can love and enjoy for many years to come.

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