Buying a home is an exciting adventure, but the journey comes with plenty of questions. One of the decisions you might encounter is whether or not you should buy an older home, that others have lived in, or a brand new home that has recently been built. Each option has its own set of pros and cons that should be taken into consideration while you choose the home that is best for you, including price points, styles, design, and interior issues.

What’s the financial bottom line?

You might be inclined to think that buying an old home will save you money. This is true in a lot of cases, especially because older homes are often less expensive than new ones – in fact, they can be up to 75% less expensive than a home that was just built. Old homes might also lack the features and modern amenities that new homes have. But, while you might be getting a lower price, you could be missing out on everything you want in a...

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