There’s a saying my brother and I love to use. Buy nice or buy twice. I believe this is especially important with large purchases such as a home. I have several friends who have complained about their homes for years. Many of them end up selling their home eventually and buying another one that they love. Now I am by no means saying that this means you should buy a large, luxurious, and expensive house. In this little post I hope to share some things you can consider when looking to buy your next home.
Houses are just that until you make them a home
When looking at homes, whether they be new homes or old ones, look more at the potential than what you actually see. I like to look more at the structure of the home. Nice furniture helps attract buyers but if you buy the home, you’re buying a big empty box. If you find it challenging to visualize where you would put furniture and how you may decorate, there are plenty of online tools that can help you design a room layout. Rather than thinking about how you don’t like the paint on the walls or the cabinet tops, think about things you can’t change on your own. If you like to entertain guests, but there are no open spaces, there’s not much you can do to change that.
Floor plans are more important that small details. Not that it’s cheap, but if you really didn’t love your home (But you like the floor plan) you could strip everything out of the inside and replace it with things you like. Showers, cabinets, carpets, wood-flooring, doors, and even some walls can all be replaced.
Advantages of new homes
- Many of the amenities can be customized. You can choose your paint, floors, carpets, cabinets from the beginning and not have to worry about changing it later.
- Less things break naturally(For a while) Kids may change this slightly, but with less things breaking at least you would have more time to spend with the kids.
- New homes are becoming more energy efficient. Insulation has gotten better over the years and can save you on your electric bill.
- They often offer warranties on certain aspects of the home. Some things like water heaters or your AC system could be warrantied for a few years if you buy new.
Advantages of older homes
- The biggest one for me is they typically have larger yards. I loved playing outside and gardening as a kid. Yards just aren’t as big as they used to be.
- If you’re into this, sometimes you can find homes with mature trees and vegetation.
- Businesses pop up where ever there are people. This means that most businesses are closer to the homes that have been in that city for longer. Older homes can put you closer to restaurants and other businesses you may want to visit regularly.
- Style, depending on your tastes new homes may just not be for you. Older homes have different styles and looks to them that you just can’t find with new builds today.
See with your eyes before you commit
Whether it’s visiting a model home or having a realtor take you to a bunch of older properties, you need to visit some homes in person before purchasing.