Old house instead of new construction: advantages, disadvantages & tips

Backsteinhaus
Would you like to realize your dream of owning your own home and are leaning towards an old house instead of a new build? Old houses have a special charm - there is no question about it. In this article, we explain which advantages existing properties also offer and which risks you should nevertheless be aware of.

Advantages of an old house

In times of rising construction costs and land prices, buying an old house will save you money. In addition, the costly construction planning and construction time are eliminated. Ideally, the property already includes a finished garden, where you can enjoy the sun from the first day. Since you are not building on additional land, you are also helping to protect the environment and reduce your environmental footprint with an existing property.

This is what you need to pay attention to

However, the fact that you are protecting the environment by buying an old house only applies if the property has a high level of energy efficiency – which is often not the case. Here, renovation and modernization is worthwhile. However, high costs are incurred for the replacement of the heating system and other measures. So that these do not go beyond the scope, you should have the property appraised by an expert in advance. This allows you to calculate whether buying a house is worthwhile or whether construction defects will throw a spanner in the works. Be sure to check with the Kreditanstalt für Wiederaufbau (KfW) to find out if you are eligible for subsidies that will provide you with financial relief for energy-efficient renovation.

But rather a new building?

A room layout and furnishings entirely according to your wishes – only a new building makes this possible for you. However, once you have fallen in love with the charm of an old building, no new property can compete.

We at WEISS IMMOBILIEN know the advantages and disadvantages of both types of real estate and will be happy to advise you whether a new building or an old house is better suited to your living situation. We also help you with cost calculations and prevent you from making mistakes. Feel free to contact us for a no-obligation consultation.

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