Just because something is old doesn't mean it’s not worth having

By
Real Estate Agent with The Premier Property Group | GRI, CLHMS | SoWal 30A Your Beach Awaits | 3248489

Just because something is old doesn’t mean it’s not worth having. 

 

Did you read the recent NAHB article in which it stated the average median age of an owner occupied home today 35 years old?  We all know every market is different but I live in a 30 plus year old community and totally love it.  Some of the homes still reflect the time period in which they were built and yes  they are less energy – efficient but they have such marvelous potential by someone who can see the their worth. 

 I know it easy to say that new is better right?  Me:  I would say…not so fast.  So many of our clients are re-falling in love with the mature communities, the roads are curvy and  lined with some most spectacular eye-catching Florida oaks that provide a splendid cooling shade as you drive.  Today finding the right community is very important to the lifestyle of buyer and some of these remarkable older neighborhoods are just what they are looking for.  How many times have you heard, I really like this community but the house is not what we are looking for, it seems old or tired.  Today when I list a home that looks like it might be in need of updating – I try to find out what it would cost and to my surprise many times the owners have already gotten quotes.  In today’s real estate market there are loan programs available where a buyer can purchase and remodel the home all with the same loan at the time of purchase. This has made much of our older inventory more attractive to future buyers who are looking for the best of both worlds “new and stable”   Remember age is never a disqualifier - the only disqualifier is that we can see it.  

 

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Rainmaker
800,966
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Gena, there is something special about an established community with mature and stately shade trees with different styles of homes, as well as owning a classic car from the 50's and 60's!  ( were you ever tempted to paint your T-Bird turquoise, Gena???)

May 15, 2015 03:17 AM #1
Rainmaker
126,641
Gena Bolton
The Premier Property Group | GRI, CLHMS | SoWal 30A Your Beach Awaits | - Sandestin, FL
Sandestin, Destin and South Walton 30A Real Estate

:-)

This area has so much to offer with these kind of communites. 

May 15, 2015 03:22 AM #2
Rainer
398,875
Jerry Lucas
ABC Legal Docs LLC - Colorado Springs, CO
Mobile Notary Colorado Springs, CO Notary Training

I live in an older, mature neighborhood.  I like the big trees, except a few have grown to block my Rocky Mountain views.  Some of my neighbors are the original homeowners.  They raised their children and now the grandchildren come to visit.

May 15, 2015 06:10 AM #3
Rainmaker
126,641
Gena Bolton
The Premier Property Group | GRI, CLHMS | SoWal 30A Your Beach Awaits | - Sandestin, FL
Sandestin, Destin and South Walton 30A Real Estate

Hi Jerry,  that's wonderful to hear people loving the neighborhood that much.  And wow those have to be some big trees because from what I have seen of the Rocky Mountains they are tad on the large size ;-) . Thank you and have pleasant weekend.  

May 15, 2015 06:52 AM #4
Rainmaker
807,867
Troy Erickson AZ Realtor (602) 295-6807
Good Company Real Estate www.ChandlerRealEstate.weebly.com - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Gena - Great post. Many of the older communities have so much more character than the new cookie-cutter subdivisions.

May 15, 2015 10:37 AM #5
Rainmaker
126,641
Gena Bolton
The Premier Property Group | GRI, CLHMS | SoWal 30A Your Beach Awaits | - Sandestin, FL
Sandestin, Destin and South Walton 30A Real Estate

Troy, we totaly agree... thanks for posting 

May 15, 2015 11:11 AM #6
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Rainmaker
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Gena Bolton

Sandestin, Destin and South Walton 30A Real Estate
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