If you are looking at homes in the Natick real estate market, you may be wondering if you want to invest in a new home or an older home.
Some buyers are looking for the simplicity of buying a newer home while others want to find a historic home that may take some work, but that they can restore or personalize in ways they wouldn’t be able to with a new home.
Which type of buyer are you?
Buying a New Home
The first benefit of buying a new home is that all the features, including the roofing, flooring, cabinets and even appliances will be newer, and most likely in better shape. This is an attractive perk for buyers who want a home that is move-in ready.
If you are a fan of new architecture, modern design and current styles, buying a new home might be a good option for you. New homes have that modern, current look that you can’t find anywhere else.
Keep in mind that many times newer homes are listed for higher prices, since most of the features and maybe even the appliances are new. If you are looking for a home that won’t require much work and that boasts modern styling, a new home may be what you are looking for.
Buying an Older Home
Older homes have a special charm, style and ambience that can’t be found in newer homes. While buying an older home may mean you will have to put some work into making it fit your needs and style, this process can be very rewarding.
Fixing up an old house means you get to personalize and choose every last detail including the flooring, paint colors, appliances and even bigger features like doors, window frames and remodeling projects.
A benefit that comes with opting for an older home is that you may be able to get a bigger house or more property for a lower price than you would if the home was new.
One of the risks that comes with buying an older home is that you may have to repair heating, cooling, power and water systems that could be dated and require repairs to work safely and efficiently.
Both newer and older homes have a lot to offer, and each has benefits that the other doesn’t. One of the biggest deciding factors to consider as you look for your dream house is deciding whether you want a home that is ready to move into immediately or one that may require a little work or updating before it is the perfect home.
Find out more about investing in new and old homes at the Christine Norcross & Partners website. To find a home in the Natick, MA real estate area, and to see what kinds of options this area has to offer, contact Christine Norcross at 781-929-4994.
Images courtesy of Photo Dean/Flickr.
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