New Build or a Refurbished Property: Which is Better?
If you're thinking of moving home, the chances are you have the type of property you'd like to move to in mind already. The number of bedrooms, the amount of space you need, the size of the garden you want... but do you want a new build, or a house that's been refurbished? Let's take a look!
If you’re thinking of moving home, the chances are you have the type of property you’d like to move to in mind already. The number of bedrooms, the amount of space you need, the size of the garden you want… but do you want a new build, or a house that’s been refurbished? Let’s take a look!
Whether you choose to opt for a new home that no one else has lived in before, or go for a home that has been built for a while and just refurbished by the current owner is entirely down to you, but are the any particular positives or negatives to either of these things? We’ll take a look at a couple of main factors that people consider when buying a house, and come to a conclusion from there.
There are some questions as to whether it’s more energy efficient and environmentally conscious to simply refurbish a property than to build a new one. With newer properties, you’re starting from the bottom up and creating a whole new foundation, and everything else that goes along with a home. Whereas with properties that are simply being refurbished, you’re repairing and making updates, arguably using less resources and energy.
However, there is an argument for newer builds being better build and more energy efficient in themselves than buildings built a while ago. It really depends on your stance as to whether a new build or refurbished property is better in this sense.
When it comes to the size of the property you’re looking to move into, in general people are finding that new builds tend to be slightly smaller than properties built a while ago. Of course, this is generalising and there are properties being built that are pretty sizable, but for the general market they tend towards being smaller. This is largely due to property developers trying to fit a larger number of properties in a smaller area of space.
If you’re looking for a bigger property, then the chances are you’ll be looking at one that’s refurbished rather than a new build.
Although perhaps not the most important aspect of the property, it’s something many people look for. Period buildings that have been refurbished are much more likely to have character than new builds, and this can be important for home buyers.
If you’re looking for a home that’s a little unusual, doesn’t look like every other property on the market and has a little something extra to offer then a slightly older property that’s been refurbished is the way to go.
Overall, it entirely depends on what you’re looking for as to whether a new build or a reburbished property is going to be better for you. Have a look at this article for some expert advice, and do plenty of your own research before making a firm decision.
Real estate, redefined
Whether you’re looking for a new build or a refurbished property, we can help you! Domobase connects you with the very best Real Estate Agents and Landlords in the areas you’re looking for property. Simply fill in your details, or link your social media profile, and let us know where you’d like to live – we’ll have someone get in contact with you with some great properties that we’re sure you’ll love. All that, with very little effort on your part!