Old vs. New Homes in San Antonio: The Pros and Cons
posted Sep 19, 2014
San Antonio has one of the best real estate markets in the state, so when you or your spouse is given a PCS to a local base, you can count yourself lucky—you’re going to have tons of housing options. Not only can you stay on base, but you can also take advantage of any of the city’s thousands of apartments, condos or homes.
But how do you decide what type of home to move to? And is it better to choose old ornew homes in San Antonio? Just check out our guide below, and learn all about the pros and cons of each.
New Homes in San Antonio
If you’re looking for a long-term home, new houses can be a great investment. Not only do they offer you and your family a safe, hazard-free place to live, they also offer you a clean slate on which to build your life. If you’re considering new homes in San Antonio for your family, consider these pros and cons.
- Newer homes require fewer repairs – One of the biggest benefits of buying new is that, well, everything in the house is new! That means there’s no wear and tear, no signs of aging, and your home is in tip-top condition from the moment you walk in. You won’t have to deal with costly repairs in the near future, and you can enjoy your home in its perfect, pristine condition for at least a few years to come.
- It will be equipped with newer, more state-of-the art systems and appliances – Another great benefit is that your home will come equipped with all the best appliances, systems and add-ons. That means you’ll be better insulated, more energy efficient, and have a better working AC, dishwasher, oven, microwave and more. They won’t need repairs for a long time, and you won’t have to foot the bill for old, outdated and wasteful equipment.
- You’ll have a clean slate – New homes are basically a clean slate. Nothing is on the walls, there are no outdated blinds, curtains or light fixtures you have to replace, and you can truly do with your home as you wish.
- They’re typically more expensive - The biggest downside of a new home is that it will usually run you more than an older one. All those state-of-the-art systems and brand new appliances and materials come with a price! Remember though, they also mean you won’t need any repairs anytime soon—so though it costs more now, you may actually save more in the long run.
- It may take longer to move in – New homes sometimes take a little longer to close on, so your move-in date may be a bit further back than if you went with an older one. This is especially true if you’re building your new home from the ground up, as this process often takes months to complete.
Old Homes in San Antonio Old homes can be a great choice, too. They often have more character than newer models, and you can usually move in quickly, due to owner flexibility. If you’re considering an older home, consider these pros and cons first.
- They cost less – Generally, older homes are going to come at a lower cost than their newer counterparts. This is for a number of reasons: first, they have wear and tear. They’ve been lived in, the appliances and systems have been used for years, and they typically require a little more DIY work than a newer home would. They also may not have the updated equipment a new home would. Their appliances, HVAC, electrical and even insulation systems might be outdated, so they’re not going to be as efficient as those in a newer model. For these reasons, the asking price is typically a bit lower.
- They’re already painted, wallpapered and updated – If you’re not looking to do a whole lot of decorating, or you’re just strapped for time, an older home can be a great choice. Most times, they come already decorated with wallpaper, paint and even updated sinks, mirrors and cabinets (depending on the owner.) That means less work for you in the long run!
- You can move in faster – With older homes, you’re dealing with an owner, not a big builder or home construction company. This means there’s usually a big more flexibility with move-in. If you need to get into the new home fast, owners will typically find a way to make it happen; they’ll get a hotel, stay with a friend or move into their new home right away. With a newer or custom-built home, this usually isn’t possible.
- They have lots of wear and tear – The biggest con of an older home is its condition. Even a well-maintained home has still been used and lived in for many years. Naturally, some wear and tear has occurred. That means you can probably expect some repairs in the near future. It could be something small, like a new ceiling fan or light fixture, or it could be something bigger and more expensive, like a new roof, HVAC unit or flooring.
- Outdated appliances, systems and insulation – Outdated systems and appliances don’t just mean they’ll need replacement or repair sooner, they also mean your home will be less efficient. Your AC won’t cool as well as it used to, your insulation won’t keep your home as warm as it should be, and your washer, dryer and dishwasher will use up more water and power than they need to. Ultimately, this means higher monthly energy bills, and more costs for you over time.
Regardless of whether you choose old or new homes in San Antonio, one thing is for certain: you’re going to get a great deal. According to the San Antonio Board of Realtors, the average home price in the area is just $225,000. In other major Texas cities you’ll pay upwards of $300,000!
Need help finding the right old or new homes in San Antonio for your family? Contact Housing 1 Source today. We’ll handle all the heavy lifting, so your move is easy, fast and painless.