Tuesday, May 1, 2012

One is Silver and the Other's Gold: New Construction vs. Older Homes


While we’ve extolled the virtues of new construction in this blog, we don’t want anyone to forget about older homes.

You know, older homes have a few advantages themselves. First, you may get more square footage for your money. Construction costs are higher for newer homes, as in plumbing features, fixtures, and amenities that were not available when older homes were built. You’ll also find bigger room sizes in older homes- room sizes which new construction simply can’t compete with. 

Also, a lot of older homes are in great locations- closer to commercial and entertainment districts. For example, University Heights in the area around Missouri State University and the Roundtree area around Springfield are much closer to downtown, campus, Glenstone, and South National, much closer than many places featuring only new construction.

So if you’re looking for a good value for your first home, don't forget about the houses that were built 30+ years ago. You may be pleasantly surprised at what you’ll find. 

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