If the time has come for you and your family to move, the first major decision you have to make is whether you want to invest in a newly constructed home or an older, existing house. This is a very easy choice for some families but is much harder for others. If you’re struggling to decide which type of house is the best fit for you, the information in this guide should help you come to a determination.
As you read on, you’ll learn more about some of the key factors you ought to consider as you figure out whether you’d rather live in a brand new house or an older abode. Hopefully, by the time you reach the end, you will feel strongly one way or the other.
How much can you afford to spend?
Your budget is the first thing you need to consider. As of the first quarter of 2018, the average price for new construction in the United States was $335,400. The average price of purchasing an existing home, however, was just $240,500. The median price of houses in your area will, of course, depend on where you live; rural regions tend to be cheaper than urban centers, for example.
If you realize you simply can’t afford to build a new house that will accommodate your family, it’s important to remember that existing homes don’t have to be historic. You can ask your real estate professional to help you find something that was built within the past decade in order to still have all the modern conveniences and finishes you are looking for.
How much maintenance are you willing to do?
Older houses, especially if they are fifty or more years old, tend to require a lot of upkeep. Brand new homes, on the other hand, are often relatively low-maintenance. Some people love working on their houses and keeping them in great condition, while others prefer to do as little as possible to maintain their residences. Which side of the aisle you fall on may dictate what kind of house you ultimately end-up purchasing at this time.
What look are you going for?
Some people love the vintage or historical design, while others prefer modern aesthetics. If you like old woodwork, Victorian chandeliers, and other features you just don’t see anymore, an old house might be the best choice for you. If, however, you’re a fan of granite countertops, central air conditioning, and brand new plumbing, a new house is probably the right fit for you.
No matter what your needs and budget are, it is possible to find a house that is ideal for you. Working with a custom home builder is the first step to turning your dream into a reality. At Berglund Homes, we have suggestions that you may never come across to, as we have dealt with so many unhappy homeowners who opt to go through what they thought was the most straightforward route and coming back disappointed with the results. Think smart, and get in touch with us to make your job much easier!