Old house vs. new house?
One of the primary decisions for buyers is whether to choose a newer home or an older “fixer-upper.” The correct answer really reflects your personal preferences. Consider these questions:
Upfront costs: How much can you afford? You’ll probably pay more for a newer home, but that extra cost might be made up in the long term by not having to pay for repairs and maintenance on an older home.
Maintenance: Love it or loathe it? Older homes inevitably need repairs, replacements and upgrades. If you’re handy and enjoy working on projects around the house, then an older property may be just what you want.
Home design: Vintage or modern? In an older home, you get a sense of historic tradition and attention to detail. Newer homes tend to offer the latest and greatest trends, such as open floorplans and energy efficiency.
If you want the best of both worlds, consider buying an older home with “good bones” (foundation, plumbing, electrical) and renovating it, depending on your budget of course.
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Five Star award Winner 2011-2018 honoring the top 7% of real estate professionals in Oregon.
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Rachel Sheller, Principal Broker, Realtor, CRS, ABR, GRI, SRES, MASTERS CIRCLE, Earth Advantage Broker, Diversity Specialist-HOWNW, CSA-Certified Staging Agent, Oregon First, Washington First
Direct 503.380.9634, Email- firstname.lastname@example.org
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