By Patti Kirsch
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If you are torn between buying a home in a charming older neighborhood or a spacious home in a new subdivision you may need help in making your choice. To decide between an old versus new neighborhood, first think about the style of house you prefer and then think about your day-to-day lifestyle. Do you appreciate hand-beveled hardwood floors or is stain-resistant carpet more your style? You will also want to consider the following:
- Cost - Older homes can have unique charm, but you may have to budget for higher maintenance costs, while newer homes are often more energy-efficient.
- Style - While older homes may be roomier, newer homes often have a more open layout, more bathrooms and convenient features such as central air,
- Location - Older homes are often in neighborhoods with shaded sidewalks, varied home styles, and lower taxes. Newer homes offer suburban benefits, but may have longer commutes.
