Should You Buy an Old Home or a New Home?
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Should You Buy New? Just ask Mike Holmes!

October 22, 2014

Should you buy new? Just ask Mike Holmes!

The article "Are Older Homes Better" outlines some considerations you may like to make before jumping into an older home purchase.

Buying an older home definitely comes with its charms and even sometimes that endearing creak of the front swinging door, but are you really getting the best bang for your buck?

Perhaps there are a few questions you could ask yourself before you make your decision:

1. How knowledgeable am I REALLY about structural, electrical, plumbing, and legal issues, or do I know someone reliable who can help with these things as they arise?

2. Is my budget flexible enough to deal with unforeseeable costs e.g renovations?

3. Will this home be healthy for my family and me? Or are there hidden problem areas that are hard for even a professional to see?

4. Does my lifestyle allow me to dedicate the time needed to renovate and put toward home improvements?

5. What do I want in my home? An affordable newly built home can come equipped from day one with every convenience you could want. Built in iPads for easy access to recipes, full home audio & entertainment systems, in floor heating maybe? With a new build you can have everything from the day you move in.

Read the full article here.

Buying a home is a big deal, and knowing what you are getting into beforehand will save you time, money, and sanity.