Now that you are in the market for a home, you’re ready to turn your dream into a reality. Perhaps the home of your dreams is an old Victorian, complete with grand porches and plenty of architectural ornamentation. Here are some benefits to buying an older home:
Based strictly on price, older homes are usually less expensive than newer homes. You might be able to get a lot more square footage for less money than you would pay for a smaller newer house. Older homes also tend to be bigger and often have more rooms than newer houses, which make them ideal for larger families.
Older homes often have attractive ambiance. Many of them are located in charming neighborhoods with architectural styles and designs, which generally aren’t found in today’s newer homes. Additionally, existing landscaping and towering shade trees are likely to be part of the deal. Older homes undoubtedly have a certain uniqueness and mystique.
Many older homes were built to last the test of time instead of using faux finishes found in some new construction. In older homes: if it looks like brick, it’s real brick; if it has hardwood floors, they are likely real wood and not laminate flooring. While you may need to make some updates to increase the home’s energy-efficiency, having a home built from quality materials makes renovations a lot easier and adds to the character of the home.
Happy house hunting!