When there are so many properties now on the market, why buy a new home? Maybe you are longing for attractive period features such as original crown moulding and cornicing, or traditional sash windows. But all these beautiful features can be found in, or added to, new homes, without all the problems of ones that have been around for decades and may be concealing even worse problems behind them.
Given the choice, would you rather have an old car or a new car? New clothes or old clothes? The fact is, you can never know for certain everything that a previous owner has done to their home, or how many issues have been building up behind the walls. A structural survey can only tell you so much and there are many stories of people who have bought an old home and inherited a whole host of problems down the line.
When you buy a new home you are buying certain guarantees because there are strict building codes that developers and builders must adhere to. If you want your new property to have the best energy-saving features, you are better off buying a new home than an existing one. If you want space-saving features and the most efficiently designed kitchen, you are more likely to find what you are looking for in a new home than an existing home.
With a new home you also get a blank canvass when it comes to decorating. If you are buying your new home before it is finished, many developers will allow you to choose the paint colours and other aspects of the décor. If the home is already finished, it is likely to have been finished with a neutral colour palate which means you won’t be repainting the black and red bedroom designed by the previous owner’s teenager, or peeling a Peter Rabbit mural off the wall the day after you move in.
But the most important aspect of buying a new home is that it will come with a new building warranty that protects you against so many of the things that can go wrong with any house. In this day and age, with all the things that can go wrong, you just can’t put a price on peace of mind.
So, instead of asking yourself if you’re making the right decision buying a new home, think of all the hassle you could be saving yourself by not buying an old one!