Wednesday 2 October 2013

Which camp do you sit in - New or Old Property ?

There are in the main two separate camps of buyers when it comes to the age of houses that buyers consider. Those who would only consider period properties for their original features and character, those who go for the easy –living low maintenance of the new build.  Period properties have been visualised as a black hole for money by those who prefer new build while those who favour Victorian style properties tend to view new builds as bland.

Digging Deeper
Whether you choose a classic Victorian property or a shiny new build each purchase can result in additional costs not often taken into account by buyers.
For example the perfectly thoroughly modern show home kitchen while looking the part is often an upgraded version of the standard offered in the actual property you may purchase and the diamond edge version will not come cheap.    Digging deeper, consider that the garden of a show home has been professionally landscaped so how would your garden grow possibly with the ringing of pound notes unless you just want a plot of plain turf!
What is part of the deal can vary between different house builders. Carpets may or may not be included and often all add-ons like curtain rails, TV aerials, may not be included.
Those moving into an older style Victorian property will already likely have these add-ons but unlike the pristine sparkle clean new build once the previous owners have left the empty property can reveal its chipped walls and cracks, damaged skirting or missing tiles not previously seen.  However a new-build is not necessarily free from defects, for example poor plastering which may repeat itself in more than one room.
The Victorian owner can incur a different set of problems for example above ceilings and between walls can mean ideal territory for wildlife or rodents which may require the services for a pest control company who can in the main quickly eradicate the problem.
Diamond Edge or Knife Edge
So which type of property has the edge?  Possible the new build may just have the edge because of one overriding advantage is it comes without the gazump factor, debris left after departure by the seller and no chain this has to be priceless. 
So many things to consider whether you think about new or old properties! 
David Jordan Estate Agents an estate agent that excels in all areas of the house buying process will take you every step of the way. 

David Jones Estate Agents is here to make sure you have all the advice and support that you need whether buying, selling or letting.

Call us or email us using the details on our website:  www.DavidJordan.co.uk

T:    01323 898414

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