The article from Redfin explores how to evaluate old versus new homes. It defines older homes as those over 50 years, often characterized by distinct architecture and established locations. Pros include desirable neighborhoods, larger lots, and potential cost savings. However, buyers should weigh these against cons like outdated infrastructure and non-standard layouts. Ultimately, the choice hinges on balancing charm with practical considerations, making informed decisions about age, style, and necessary renovations.
Older homes, defined as those over 50 years old, offer unique character, desirable locations, and potential cost advantages, but may come with outdated features and layouts.
Buying an older home can lead to significant investment returns, especially if renovated. They often sit in established neighborhoods with strong community ties.
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