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New build v old build
Comments
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When we have been looking at houses I'm not keen on new builds but it just being a new build wouldn't put me off but it tends to be that the 4th bedroom is small or the downstairs is open plan or the garden is overlooked too much. I also don't like that they tend to have plasterboard walls so noise travels easily.
I think there are too many factors to just decide on new or old build tbhHave a Bsc Hons open degree from the Open University 2015 :j:D:eek::T0 -
Can you afford the work on the older property, or do it yourself?
Do you want the house solely as an investment or primarily as a home?
It's nice to be able to add value, but you need to be willing, and able, to undertake the work involved, and of course if you buy the newer house you will presumably have more spare money (that you aren't spending on home improvements) which you could invent in mortgage overpayments or other savings.
Also, think about your own, personal preferences and priorities. How do the properties differ in terms of room size, outside space, location, parking, facilities etc?
My own experience has been that for 'starter homes ' (e.g. a smallish 2 bed property) there is often a big difference in room sizes, although as PPs have said,this will vary a lot from one property to another.All posts are my personal opinion, not formal advice Always get proper, professional advice (particularly about anything legal!)0 -
Our 1970s semi-detached house was far preferable to the new builds in the same area when we bought 4 years ago. We've had to install a new boiler and radiators and insulated the loft, but we knew that before purchasing.
The most important thing to us was square foot in each bedroom. The new builds had very small bedrooms with no storage space and no space for much storage. Maybe if we'd had a larger budget then the new build properties would have given us more storage?
Parking was very important to us and we can get 4 cars off road. All personal preference, but the size of the house, area and size of the plot were all a big tick for us!Sealed Pot Challenge #021 #8 975.71 #9 £881.44 #10 £961.13 #11 £782.13 #12 £741.83 #13 £2135.22 #14 £895.53 #15 £1240.40 #16 £1805.87 #17 £1820.01 declared0
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