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Buying a New House vs. an Old House

Buying a house is always a tough decision. Deciding whether to buy a new house vs. an old house can be an even tougher decision. It used to be that new construction homes were expensive and unaffordable. But with advances in building technology, the cost of a new construction home is just as affordable as an older home. So leaving the cost out of it, how do you decide which home is right for you? We’ve put together a list of some of the top pros and cons to buying a new house vs. an old house.

Pros of  an Old House

  1. Land – Older homes typically have bigger yards than newer homes. Newer homes have to squeeze into smaller lots. While older homes didn’t have to compete with as much development.
  2. Long-Term Neighbors – When buying an older home, you’re moving into an established neighborhood with people who have been there a while. Moving into a community of people who know and care about each other can be comforting.
  3. Character – Older homes come with their own character and charm. You can find things in an older home that are original to when it was first built and might be something you don’t see anymore.
  4. Mature Landscaping – Older homes come with landscaping that has had the time to mature. Trees that offer shade, flowers that bloom every spring, mature landscaping takes a lot less work than new landscaping.

Cons of an Old House

  1. More Maintenance – Buying an old home means buying its old plumbing, wiring, and more. Even if the previous owners just made a bunch of renovations, older homes can come with many unforeseen complications.
  2. Previous Owners – Old homes have gone through a couple owners and that means it’s gone through all of their crazy design and repair choices. There’s always something that will make you say, “why on earth would they do that”?
  3. Small Closets, Bathrooms and Storage – Older homes always lack in closet size. If you’re dreaming of a walk-in closet, you can just about forget finding one in an older home. Same usually goes for the bathrooms and storage, there never seems to be enough space.

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Pros of Newer Homes

  1. Little Maintenance – With a new home it should be years before you find yourself having to make big repairs. And if anything were to go wrong, new homes come with a builder’s warranty.
  2. You’re The First Owner – As the first owner of a new home, you won’t have to worry about ugly design decisions from a previous owner. In fact, most new construction homes will allow you to pick some of the finishes.

3. Big Closets – Seriously, if you want a big closet, bathroom or more storage a new construction home is your best bet.

4. Energy Efficient – New homes come with energy efficient windows, better HVAC and energy saving appliances. These upgrades in technology can save you a lot more on your energy bill.

5. It’s New – There’s something special about new things. There’s nothing like the feeling of something brand new.

Cons of a New House

  1. It Settles – No matter how well your home was built or how nice the soil is, homes need to settle. This means you may here your home doing a lot of creaking the first few years.
  2. Smaller Yards – New homes don’t usually come with a ton of yard space. New homes are competing with already developed neighborhoods.
  3. Young Landscaping – If you don’t have a green thumb, you may want to rethink the landscaping for your new home. Trees and vegetation need time to mature. If you don’t have the patience to nurture new plants you might have to skip the landscaping all together.

Buying a house is a big deal, make sure you’re buying the house that’s right for you. Now that you know the pros and cons of buying a new house vs. and older house, you can decide on a home that appeals to you most.

Although we can’t make up for everything that older homes offer we do try to offer the better parts of buying an older home. At Thayer Homes we’re all about the details in our Craftsman style homes. From crown molding, to built-ins, pocket and barn doors, your home will lack anything but character. And for those of you looking for a sense of community, our large porches and back decks will make you want to sit outside for hours enjoying the company of your new neighbors. Click here to see how we’re raising the standards on new construction homes.

Things to do in the fall to ready your home for winter.

October and November are ideal times to winterize your home in North Carolina. The days are finally starting to cool off, but we likely have not had a freeze yet.

Tackle these tasks to make sure your home stays warm throughout winter and your exterior looks good in the spring.

 

1. Rake your leaves.

Rake your leaves to make sure no piles of leaves are interfering with your grass’ ability to breath. Grass needs sunlight and oxygen to stay healthy, even when it’s dormant.

*Helpful Tip: Use your leaves for compost! If you don’t have a compost bin set up, it can be incredibly easy to make one. Designate an area in your yard and toss leaves, grass trimmings, and compostable food waste in there to produce fertile soil for your garden in the spring.

**Helpful Tip: Fertilize your lawn to help with weed prevention and healthy growth in the spring.

2. Speaking of leaves, this is also a good time to clean out your gutters.

Even if you don’t have a ton of leaves on the ground, you might be surprised with the amount of leaves and debris you can find in your gutters. For the sake of your gutters, siding, and foundation, it’s important to keep these clear for proper drainage.

3. Check foundation and roof for cracks or leaks.

If you are reading this, you are likely a Thayer Homes homeowner, meaning your foundation and roof are relatively very new. Although you are not likely to find any issues, it’s always wise to check for them before finding out through catastrophe, especially in the cold winter.

*Helpful tip: A roof rake will help you clear off accumulated snow on your roof, which is built to hold up to 4ft of snow before possible collapse.

4. Protect your pipes from freezing.

Remove the water hose from the spout connected to the homebefore freezing temps. If hoses are left attached, leftover water in the hose will freeze and likely expand into the pipe. If the ice expands into the pipe, there is a chance it could cause the pipe to burst and leak. Also make sure to turn off your A/C water valve to prevent water collecting and freezing in the unit.

Helpful Tip:You can purchase pipe insulation from your local hardware store to help prevent freezing.

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3200 Glen Royal Rd, Suite 104
Raleigh, NC. 27617
(919) 514-1000

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