Statistics have revealed that homebuyers select older homes over new ones in two out of three instances. However this is a choice that each buyer needs to make for him or herself. Some of the advantages to buying an older house include:
More space for the money. Many older homes have more ample bedroom space. Often buyers will prefer a home with fewer rooms that are more spacious to a house with more rooms that are smaller.
Nicer Landscaping. The lot of an older home is often planted with trees and shrubs by previous owners and therefore presents fewer landscaping problems.
Better location. Buyers should not fail to weigh the shorter commuting distances to offices, schools, and other frequent destinations afforded by older neighborhoods.
More stable taxes. Homes in established neighborhoods have fairly predictable assessed values (county tax valuation) since they've been bought and sold several times.
More charm and individuality. Today, many new homes in a subdivision are built following one of only a handful of plans. Most homes in older subdivisions are unique in design, giving the neighborhood a lot of character.
Higher quality of construction. Slate roofs, brick and stone construction, plaster walls, hard-wood floors, and other high-quality materials that are fairly common-place in older homes -- are virtually non-existent in new homes. Also, any settling of a home is generally complete in an older home.
Courtesy of Middlesex MLS




