Older Houses vs. New Homes - Listen Before You Make a Decision

When you are planning a move, you usually have a choice between an older resale home or a new construction home. Buying your home is an important financial and lifestyle decision, which means you have to do research and planning. Gil Olachea, owner of Ceramica in Scottsdale, Az, and I will explore the pros and cons of both options to help you make an informed decision.The choice of a new or used home is ultimately a matter of preference and necessity. Along with location, housing needs and price, a home’s age and state of livability will play a major role in both your immediate homebuying and long-term homeownership experiences.These are important points to ponder:  Lifestyle limits  Location of house and condition of support infrastructure  Future repairs and upgrading to meet local building codes  Efficiency, insulation, heating & cooling... Cost of maintenance  New home warranty vs old home warranty purchase  Is a remodel necessary?  Major renovations?  Mature landscaping – nearing end-of-life?  Finishes – window, floor, back-splashes, baths/showers, laundry, etc.  Roof – Greater than 10-15 years is a concern  Lighting – Incandescent vs. LED  Presence of lead paint or asbestos?  Aluminum wiring vs. copper  Plastic vs. galvanized vs. copper plumbing  Plumbing – copper vs. plastic piping?  Your lifestyleThis podcast sponsored by Monogram.Com