There are certainly a lot of distinct advantages to buying either an older home or a newer one. At times it comes down to simply a matter of preference and the type of house you would most like. Here are some things to consider when you are making the choice between an older home and a shiny brand new one.
This is usually the most important factor to take into consideration. Newer homes often don't need any major repairs or renovations in the near future while older homes usually will. Many of these repairs can cost a lot of money such as complicated plumbing, a new roof, electrical work or new siding. You will have to pay for these maintenance costs since it might be difficult or next to impossible to sell your house without getting the work done first.
2. Energy efficiency
When you buy a new Calgary home, the chances are good that it will be a lot more energy efficient. The doors and windows will consist of high-tech designs as well as the lighting. If the house comes equipped with appliances, you can also expect them to be energy efficient.
Many old homes have been renovated by their previous owners and they can be very efficient energy-wise as well. It is important to find out from the owners or the agent what types of renovations have been completed on the house that would make it more efficient.
When looking at houses in more established parts of town you'll notice the beautiful gardens and trees. This is a lot more stunning than the new sod that is being laid and the asphalt poured for the driveways in the new Calgary neighbourhoods. Be sure to take a look around at all of the landscaping in the community before making a final decision.
When 2 homes that are similar in value are being compared on a one–to–one basis, the older homes usually end up costing less than the newer Calgary homes. The price certainly plays a major role in the final choice and this may mean the end of the debate.