Homeowner Tips Lifestyle

Should Seniors Buy a Newly Constructed Home or an Older Home?

The average retirement age is 62 according to an article from Experian quoting a Gallup 2021 survey. It’s a great age as seniors are vibrant and can still enjoy many activities. It’s also an exciting time because many decide to downsize their home as they may not need as much space.

But the question they’re asking themselves is whether to buy a newly constructed home or an older home? The benefits of a new home outweigh an older home. This is the time to enjoy life. While the benefits are many, here are the top four benefits of buying a new home.

  1. Customize Your Home Your Way

If the home hasn’t been built, you can work with the home builder to make changes to fit your preferences. If the home is being built, you can have a say in the materials, colors, and flooring. The more involved you are in making decisions to personalize your home, the fewer changes you’ll want to make. 

A used home may have a great floor plan, but some of the rooms have kitchen counters, colors, and flooring that may not be to your liking. This will add to the cost of the home.

  1. Ensure the Home Is Accessible

Many homes come with stairs including single-story homes. They may have steps on the porch or in the back of the house. It’s possible there may be steps from the garage to the house. You use your home every day and one or two steps can become a problem. 

If you have family members who use a wheelchair, you can make sure the home is built with wide doorways and low countertops. Very few older homes considered this in the design. Some may have a low ceiling and shower entry, which is a problem for taller people. 

  1. Enjoy Minimal Maintenance

An older home will have wear and tear that leads to problems. Appliances only last for so long. The water heater may be nearing the end of its life. If something happens, it will cost time and money to replace it. The same goes for the air conditioning and heating system. When you buy new, you won’t have to worry about problems for years.

  1. Benefit from Energy Efficient Features

Older homes have outdated features that may cause the heating and air conditioning system to be inefficient. This drives up energy costs. Newer thermostats allow you to program the heater or air conditioner to kick on or off at set times. 

The house can contain energy-efficient appliances to use less electricity. LED lighting lasts longer and uses less energy than older lights. All these steps will help keep your energy bill down. 

Seniors have worked hard and should relish every minute of their retirement. Buying a new home will make that possible.

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