Newer homes feature newer and better materials, built-in appliances, high-speed data access, more wiring for all those electronics, and perks such as jetted tubs, and granite countertops. Thus, the have more convenient aspects to them as well as more amenities.
Also, many newer homes come equipped with hard-wired smoke detectors on every level, complete with battery back up should the power go out. The risk of fire is drastically lowered, as the homes don’t need space heaters and have efficient AC units. Circuit breakers have replaced fuse boxes, which can be overloaded by using the wrong-size fuse. Ground fault interrupters for bathrooms, kitchens, and outside receptacles reduce the chance of fire and electrocution.
Today’s special patio doors in new homes must be tempered so that it will crumble if broken instead of shattering into large jagged pieces that can seriously injure people. The building industry has responded to the health risks of certain products by building with products and systems that make new homes better for your health. Asbestos, which can increase the risk of respiratory disease, has been eliminated from shingles, pipe, cement board, roof tar, floor tiles, ceiling tiles, and insulation.
Lead is no longer used as an ingredient for plumbing. Formaldehyde emissions from particle board and hardwood plywood have been greatly reduced in new homes. Because of better windows, more efficient heating and cooling equipment, better control of air infiltration, and greater use of insulation, new homes consume half as much energy as homes built prior to 1980. Old homes tend to be drafty and less comfortable, and frost and condensation are more likely to appear on windows, drip down, and cause deterioration of wood trim and walls.
New homes require less maintenance. New homes are available with siding, windows, and trim that never need painting. Wood decks are typically made of pressure-treated lumber resistant to rot and insects. Pressure-treated wood also is used where wood comes in contact with concrete.
It really depends on what a buyer is able and willing to spend on a home and the improvements, access to work and services, and community amenities. In a new neighborhood, where everything is new and shiny, a lot of selling isn’t needed. But in an older neighborhood, you must do the selling. The buyer won’t know which way to go unless you tell them what you know about the neighborhood. Once you do, they may come to a conclusion that an older home and an investment in restoring an older community are for them.