Plus, I don’t understand why people buy an old home, when for the same price they could have a new home. I guess location plays into it for the most part when buying old verses new.
Yes, I think location plays a large part. But for me, a larger part is related to the size of the lot and how close I am to my neighbors. In my last house (up in WA) I had .75 acres and could hardly see my neighbors. The house was built in the 70s. All the new houses in that same area are all built in new developments and they’re right up next to each other, with minimal trees (or space for them). Oh yeah, and they all look the same.
If I’m sitting out on my deck talking with my wife or friends, I don’t want the people next door to hear my conversation. It almost makes me feel claustrophobic.
If I could get a new home, in a good area, with a larger lot, then I’d buy it. Only a tear-down is going to give me that…