6 Benefits of Buying An Older Home
The essential guide on everything you need to know about why it could be beneficial to you to buy an older home
Do you prefer an older home that is full of history or something a bit more modern, spacious or perhaps eco friendly?
Here are some things to consider when deciding which type of home you'll be purchasing and why buying an older home could be the right decision for you!
1) GARDENS
With an older home the garden will most likely also be older and therefore better established. This opens up opportunity for some amazing surprises during summer! This is in contrast to a new build that will come with younger, smaller plants with less personality and careful consideration!
2) EASY UTILITY SET UP
Internet, energy and other utility bills should be more simplified when setting up since they probably would have already been set up by previous owners!
3) POSSIBLE ALTERATIONS
You probably will buy an older home for its character and charm but this doesn't mean that you can't or shouldn't make alterations. You can make major alterations or smaller cosmetic changes to modernise or improve but also to boost the eco credentials of the property which will cost you a lot less than a new build but add huge value to your property in the end.
4) PROPERTY SURVAY
While your older home will most likely come with some quirks, you're not likely to run into nasty surprises if you conduct a property survey and look through the pre-sale searches.
5) PRICE LEGACY
Older properties tend to exist in well established areas which means you'll know how well the property has and will hold its value over time.
6) CHARACTER
An older period home may be right up your alley if history and character are important to you. You could fine a home with ceiling cornices, ornate fireplaces and more!