That still doesn't explain to me why you'd only want to live there for 3-4 years versus not buying it in the first place. If the quality isn't up to scratch, why would you be living there? I can understand why someone might choose not to buy a NB, but if they did choose to buy one, why would they do so expecting to move out relatively quickly?
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That still doesn't explain to me why you'd only want to live there for 3-4 years versus not buying it in the first place. If the quality isn't up to scratch, why would you be living there? I can understand why someone might choose not to buy a NB, but if they did choose to buy one, why would they do so expecting to move out relatively quickly?
Caporegime
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pretty much spot on, you would also be losing money IMO.
New builds in this area have a "new build premium" attached to them. you can buy the exact same house just 20 years older for 10-20% cheaper
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Just personally, I like moving going to new places etc, and things change with careers etc.
my 1st new build I was there for 2 years, then moved, didn't lose any money.
We have been in our current for about 15 months and we are looking to change already due to jobs again. We wont be losing money on this one however either.
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W
Where I am, the older houses are still more expensive, plus I had the OH badgering me that we need a new build.
Caporegime
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I have lived in several old houses built over 100 years ago. They were both extremely large in terms of the buildings and rooms and the land you get with them. I have also lived in new builds and more modern houses with much smaller ceilings, driveway and gardens.
Both have their pro's and cons. the running costs and maintenance associated with an older house is far more. you have the issue with walls are so thick wifi doesn't work. so you need to go with ethernet to every room, if your doing that you may as well re-wire the house at the same time since it's so old and then the costs just start mounting up trying to modernise everything.
However the biggest positive is the land, features (character) and garden, etc. Enough to host a 200 person party plus the space to park at least 6 cars in your driveway.
If I had the choice I'd try and buy a premium new build from 25-30 years back. They tend to have both the land and the large rooms but with lower ceilings and much more energy efficient.
Even with 2 large boilers you would struggle to heat one of our old homes just due to the size of the property and the high ceilings. It would take several hours to get it from cold to warm. I suppose if you can afford one of these in todays market however the high running costs shouldn't be an issue either.
