In with the old
. . . or in with the new?

Once you've decided to purchase a home, one important question you'll need to answer has to do with age. The age of your next home will determine other factors that may be important to you and your family.

Whether you prefer a newer home, say two years old, or an older home of 40 years, you will probably find that living space is the biggest factor to be considered. Since older homes tend not to rise as rapidly in price as newer models, you may find that you are able to purchase a home with more floor space (square footage) at the same price as a home built just a few years ago.

On the other hand, if you are not handy with tools and repairs, you may prefer a one-year-old home that is not likely to require repairs for many years. If one of your goals is to gain the most appreciation possible, then, again, a newer home may be your best candidate.

If aesthetics are important, take a look at the newest plans and architectural styles, as well as the older ones. Many older homes have very special personalities with many built-in nooks and crannies, as well as larger rooms. Those features may provide just the right corner for displaying that special piece of antique furniture. Age, new or old, will influence your buying decision heavily. Explore all the options.