New construction vs old contraction homes

JordanwiththeWiz

you mad..you big mad..I’m happy..leave me alone
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I’m good on those cookie cutter homes they throwing up cutting corners and using cheap materials. With a old home that’s updated you gotta be handy or know somebody that is. If you don’t know how to work a wrench or simple shyt like cutting the water off and changing a toilet or sink. Patch some drywall or change out a faulty socket or light fixture. Just get you a new crib save yourself the headache with getting hit over the head with up-selling
 

HE_Pennypacker

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any particular reason why?

I’ll preface this by saying I live in Australia.

The older places were primarily built for sustained occupancy, just to different sizes and basically different levels of luxury/amenities. The newer places were primarily built for people to invest in and never really live in. Developers started essentially lobbying/bribing planning ministers who greenlit a host of horribly designed apartment blocks and housing areas. There’s a host of issues with shoddy workmanship because of the race to finish, the sub-contraction model and places designed by draftsmen, not architects and builders. The cladding is the worst issue and people with home that are under 20 years are getting stung with huge bills to fix things.

I’m happy to buy a place with ugly tiles that is sturdy and just requires cosmetic upgrades and maybe some insulation
 

Samori Toure

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I have had both new and old houses. If you don't want to do any work then buy new. You will have a few year of no maintenance, but newer homes have cheaper materials unless you are having some custom job built and you are helping to pick your own materials.

If you have the money to renovate an old house then that is actually the better choice. Common sense says that if something is still standing after 50, 60 or 70+ years then that is a very well built property. If you don't have the money to renovate an old home then it is a complete headache and money pit.

My preference is to take an old house and gut it and put all new stuff in it.
 

Samori Toure

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I’ll preface this by saying I live in Australia.

The older places were primarily built for sustained occupancy, just to different sizes and basically different levels of luxury/amenities. The newer places were primarily built for people to invest in and never really live in. Developers started essentially lobbying/bribing planning ministers who greenlit a host of horribly designed apartment blocks and housing areas. There’s a host of issues with shoddy workmanship because of the race to finish, the sub-contraction model and places designed by draftsmen, not architects and builders. The cladding is the worst issue and people with home that are under 20 years are getting stung with huge bills to fix things.

I’m happy to buy a place with ugly tiles that is sturdy and just requires cosmetic upgrades and maybe some insulation

Lots and lots of shytty houses are being thrown up in America right now too. I seriously wonder what the useful life of these cookie cutter joints are.
 

JoseLuisGotcha

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my house is like 100 years old (row home in Philly)

I love it the bones are great and every update i make i gain sweat equity ....

I used to be a realtor and ive been in and see so many new construction that is shoddy as fukk...thin walls, shyt falling apart after a couple of years, corners being cut etc. and they all look the same ...cookie cutter homes.

In philly there's a 10 year tax abatement for all new construction so these builders are just throwing up cheaply built new homes all over the city to take advantage of the tax abatement poor buyers don't even make it most times to 10 years cause they want to get the fukk out



id say get an old home and gut renovate you can get a 203(k) loan and get the coast of the renovation built into the mortgage.


For people livin in the burbs i don't understand how ya'lll but into the cookie cutter development homes they are the wooooooorse
 

BEN23

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new construction is always better, as long as the framing is good. older home aint nothing but trouble.
 

Capital Steez

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Yeah, I think being able to find a great brick-built structure here in Chicago and working with a contractor to facilitate the renovation via a loan w/ the upgrades built into the mortgage would be ideal.

Taking advantage of the time period when premium materials were cheaper more readily available. And combining that with more of the modern tech that available now.
 
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