As you are looking at buying a home, you may think that buying an older home is the way to go. As you move your family from a condo into a home, you may want to consider going with a new home. While older homes do have certain benefits, a new home has some great benefits that can go unseen when you are looking for a place to live. Here are some of the biggest benefits of going with a new home instead of an older one.
New homes are in neighborhoods with people like you
One of the biggest challenges with an older property is that they are often located in places where most of the neighborhood has grown up and moved on. While these neighborhoods are nice, they can be challenging for young families. Many families move into a home and stay for many years, so your neighbors aren't as likely to have kids the same ages as yours - if they even have any kids at home. By buying in a new development, you ensure that most of the families are in the same stage of life as you are. This will help your kids out significantly from a social perspective.
This will also help you to feel less isolated. One of the big benefits of being around a group of people who are in the same stage of life as you are is that you will have many things in common that you can use to build lasting friendships. Because you are all sharing the same stage of life, as you do things together these bonds can become friendships that last a lifetime.
New homes don't need remodeling
New homes are completely up to code and have some amenities that are harder to find in older homes. These include things like granite countertops, high ceilings, and energy efficient HVAC systems. While you can usually retrofit an older home so that it gains those amenities, it can add significant cost to what you paid for your house. Additionally, that money will never be fully recouped as most home remodels only add a portion of the total remodel cost to your home's value.
Additionally, as you are able to influence the building of your home, you can make sure that you are getting exactly what you want without paying for expensive remodels. As a result, more of the cost of your upgrades goes directly to the value of your home.
As you consider where to move your family, look into new home sales that may fit you better.