Old building versus new building - buy a used house or do you prefer to build a new one?

Purchase new building old building

Old building versus new building - buy a used house or do you prefer to build a new one?
Old building versus new building - buy a used house or do you prefer to build a new one?

Old building - “A bottomless pit?” Regardless of whether it is an old or a new building - both variants have advantages and disadvantages that everyone has to weigh for themselves. Building a house without daily checks and a good deal of expertise is usually an adventure.

The used property - a bottomless pit?

Whether refurbished or not, the existing substance is tangible, can be assessed well and can be evaluated quite well for such properties. Anyone who buys a used house likes the characteristics and style, wants to bring in a lot of personal contribution or wants to pursue certain tax-saving models (special depreciation). Comparing a used property with a classic new building is completely out of place here, as used houses are popular due to their style and one might also want to save time.

With used real estate, you avoid the stress that may arise when planning and building a new building. Unfortunately, compromises often have to be accepted, for example the number of rooms is not what you want or the house floor plan is not very practical (open kitchens). Anyone who buys a used property is buying the stock that they see. Usually this is an advantage because an existing substance says a lot about the quality of the property.

Second-hand houses are also interesting for those who want to make a lot out of little, who enjoy renovating and modernizing and who would like to preserve and reconstruct the old. But be careful, there are a few things to consider for properties with monument protection. As a rule, you are obliged to protect old and typical components and, if necessary, to recondition them. This usually involves more effort than usual. The reward for your efforts and your love of details is then an absolutely unique piece with a contemporary history.

The new property - the adventure of building a house!

In principle, the effort here is somewhat higher than with a used property. From the property search to the right house construction company, everything is in your hands. You should choose your own plot of land before selling a bad location for a better home. The location is the decisive criterion that determines the value of a property.

Basically, a new building is ideal for those who want to build according to energetic guidelines with the latest technologies and who want to live in a modern way. You determine the size, equipment and architecture of your new property yourself. Be careful, because perfect advice in the planning phase is important here. Because who would want to be left behind afterwards, because, for example, there is no warm water in the guest toilet, the ventilation or electrical devices. It is not uncommon for additional costs that were not taken into account in the planning explode. Here you need a good amount of time, concentration and understanding in order not to buy the proverbial “pig in a poke”.

If construction is then carried out, nothing should be left to chance and the construction progress, quality and services should be regularly monitored according to the specifications. A solid technical understanding is very advisable here.

Our conclusion

Regardless of whether it is an old building or a new building - both variants have advantages and disadvantages that everyone should carefully weigh up for themselves. Under no circumstances should one compare the old building with the new one for financial reasons under the motto “I can build a new house for the money”. What is important is what you can afford and how you would like to live in the future, because real estate cannot be exchanged like goods in a shop.