Pros and Cons of buying an Older Home or Newer Home (first time home buyers)

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My Spanish style home was built in the 1930s but my seller upgraded the bathrooms/kitchen, got rid of the aluminum wiring and plumbing, and it passed inspection with flying colors. No asbestos or lead. I don’t mind that the house has been previously owned. I’m thankful! Now I can reap the benefits of their hard work.

I love the history of it, the idea that this house has withstood so much time. I walked in there and felt like “oh, this house will protect me and my family”. I get it inspected annually just to be safe, but so far so good (knock on wood). Newer houses all look alike to me. There’s nothing special about them.

I’m bingeing your videos between flights and you’re great. Very insightful!

hothotheat
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I was taught that within homes don’t look at aesthetics. Look at the “important stuff” such as foundation, pipes, load bearing walls, ect. The “important stuff” are things that will cause either a HUGE cost or things that you can’t change. Where as Aesthetics constantly change over the years and are ever evolving.

fables
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Great advice. But just my two cents, I found the background music a little distracting, especially towards the end of the video where it got louder and louder.

tombell
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I love how knowledgeable and professional you are in your videos. I also like that while your videos are meant to be informative, you still show a little of your personality in each of them. And what I appreciate THE MOST is how upfront you are about what is your opinion vs what the industry standard is. Your transparency and honesty make me trust what you're saying all the more.

RacquelNM
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Here in and around New York (New Jersey etc) our homes are as old as built in the late 1800s, early 1900s. They have SO much charm but man are they work.

IvyWinter
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Interesting video. I just decided to move to an older home, I traded my house from the 90’s to a home in the 60’s. It’s been kept and loved by its owners very well. The last owner did a lot of updates too even added solar. I wanted a bigger yard and more character. I will no longer have hoa so my payments will be less

KMT-jbmv
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You're the man. I'm buying a place in 6 months, and its great to get this kind of info before I reach out to a realtor and get the process started. Super friendly advice :)

jdholmesyeg
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I would say one more pro of newer homes is that they are more energy efficient.

urhbtherapist
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Good information man. I've been watching your videos so I'm not completly blind walking into buying my first home .

brckxbrck
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Watching this made me lean more towards a newer home. I do not want to go through the headache to fix things within the walls and plumbing etc...

aaronvcgaming
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I love my tiny 70 year old home. All houses around are from early 1950s. Because it’s old I didn’t have to worry about ‘crumbling foundations’ here in CT. We can tell it was upgraded around 80s/90s, kitchen, finished basement, added detached garage and central air was installed which was a great find. CONS; it seems like it wasn’t upgraded since, just maintained. So all mechanicals have to be replaced sooner rather than later. We already have slowly started this expensive process but we’re still really pleased with the house.

tripisco
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Older homes fit my design aesthetic better. Newer homes just feel extremely bland to me.

computerkid
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Thanks for the Donkey Kong outro. Brings back memories

rmh
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You can redo the inside of the home... you can't change the plot size.

robby
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I would love a new home, but the locations are usually on the outskirts, which means you need to drive to get anywhere. Some of the streets don’t even go straight though, probably to reduce car traffic, but it makes it worse for walking and even annoying for driving. Maybe it matters less in desert environments, but I love being able to walk around town, which saves me some money, gets me some exercise and reduce the amount of driving I have to do.

peterl.
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Didn’t expect that Donkey Kong ending lol

sponseredbyme
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Donkey Kong outro. Nice touch from 3yrs ago.

tannerrasco
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Excellent video I really love you videos you voice is very clear and focus about the facts you talking about ... 10 stars ... good job ...

enyky
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thank u for putting everything in a nutshell for a virgin homebuyer like my bf and i. im more into the older homes cuz i hate HOA, but my bf is leaning more towards newer homes. pray for us

lilbunnylily
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Hi, my brother is an agent in AZ with My Home Group, too. Thanks for the info.

realashandaatlarge