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.