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Speak To A Real Estate Agent About Buying New Versus Old Homes

By Matt Hurlston

Real estate in Carnegie, much like the rest of Australia, is comprised of older and newer homes. When it comes to which is better for property investment, there are a number of benefits and drawbacks to both.

For example, older homes can have a degree of craftsmanship to their architecture.

Furthermore, their backyards are already well established – meaning that your garden could be ripe with grown trees and flowers without any start-up effort.

However, due to their age, the potential need for renovation and other expenses can be higher than if you were to move into a recently constructed home.

Conversely, a newer home should require less maintenance and will have many of today’s conveniences already installed.

Furthermore, there is an increasing amount of sustainability being implemented in the construction of these new houses, with energy efficient fixtures aiming to reduce the output of greenhouse gasses.

One potential problem with newer homes is a potential lack of individuality – especially if you’re moving to a newly developed suburb. Many of the houses are based off the same, or similar, floor plans.

Newer homes also tend to be more expensive than their older counterparts, so factoring that into your decision is a must.

If you’re looking at Carnegie real estate, get in contact with Matthew Hurlston at Ray White Carnegie. He can provide you with advice and help you achieve your personal property goals.

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