*Article is sponsored.
Searching for a new home in Ottawa? Keep in mind that both older and newer homes have their advantages and drawbacks. Ultimately, the right choice depends on your individual needs. While new builds remain popular, older homes have benefits you may want to consider before you buy.
Character and charm
One of the best aspects of an older home is its unique character: there’s a special charm with the living history. Older homes have trademark features that add visual interest: mature hardwood floors, crown mouldings, leaded glass windows and French doors of older homes embed personality and a one-of-a-kind quality into your space. While new homes are often designed with open concept layouts which are beautiful and functional, formal rooms add traditional elegance that is absent in a lot of modern architecture. Many older homes also have larger lot sizes, lending more privacy and expansion opportunities as well as maximizing your resale value. Generous lot sizes allow for more space to hold multiple gardens, pools, hot tubs, play structures and more.
Older homes are typically found in mature neighbourhoods with homes of a similar age. These streetscapes are often landscaped with large trees lining the streets and have walking paths and bike trails leading to nearby parks and schools. Driving home down a beautiful street with contemporary century houses and mature trees can elevate how you feel about your home. Your home is more than just the interior construction; your neighbourhood adds to your home’s character as well.
Location! Location! Location!
Older Ottawa homes are frequently closer to the city center, whereas new constructions are more often in developments on the outskirts of the city. Being in close proximity to the core comes with great convenience: you’re often within walking distance to shops, schools, offices and restaurants which can save money, fuel and time. The lifestyle perks of being near central communities can be well worth it!
Diversify your decor
Developers typically build new constructions in similar styles. As a result, homes can closely resemble each other. Older properties show more variety in the styles of home and construction. Instead of the standard finishes, you may find charming bay windows, ornate crown mouldings and exposed brick walls. A unique loft layout and hidden closets can make your home feel more like a reflection of your taste and personality. With an older build, your home is unique.
Renovate to your liking
Money you may save on the purchase price of an older home can be reinvested into renovations. It is a common misconception that older homes will provide a lower return on your investment. In fact, you can increase your property value drastically through upgrades. It can be difficult to justify renovations in newer constructions, but older homes provide renovation opportunities that allow you to build your dream home and make it your own.
Contact the Susan Chell Team today to learn how we can help you find the perfect home, new or old, for you!
RE/MAX Hallmark Realty Group