If you are in the market for a new house, you have a lot of choice. Whether you need something bigger than your current home or something with a yard, you have specifications in mind about what you need in a new home. But have you thought about whether you would consider an older home over a brand new, right off the line model? Perhaps you should. Consider the advantages and disadvantages of purchasing something new or older to help you find the ideal home.

Older homes tend to be situated in established neighborhoods, with plenty of people, kids, schools, and businesses around. If you want to be situated near a good school, a good park, or even the opposite, you are more likely to meet these needs when you choose to purchase an older home. They are also often built better and stand on larger lots - that’s a larger yard for your kids or fur babies. Of course, there are cons of purchasing an old home. These include old electrical or plumbing works, older appliances, and older gutter works that may need more TLC than something built recently. Especially in homes built in the 1960s and earlier, you may need repiping.

On the other side, you may choose a newly constructed home because these are often more convenient and aesthetically attractive options for potential home buyers. Due to the condition of a new home, there will be lesser maintenance necessary, and you have the advantage of modern appliances and amenities in your home. As well, these appliances are more energy efficient, which can save you a significant amount in the long term. However, like older homes, newly constructed homes have disadvantages. These include having smaller yards and being more expensive.

Whether you choose something among the new construction townhomes in Charleston or an older home in town, there are several advantages and disadvantages to each. You may look at it as a budgetary choice, a choice of convenience, or perhaps prefer a more vintage aesthetic. Regardless, it is important to understand the key differences between a newly constructed or older home before you make a final decision.