There’s no denying it. The appeal of moving into a newly-constructed house is hard to beat. After all, the house will have brand-new appliances, flooring and fresh paint. For some people, older homes may need extra work done to make it livable. This is especially true if it’s a fixer-upper. However, there are plenty of reasons why buying old houses for sale in Charleston SC is a great idea.
Why Buying Old Houses for Sale in Charleston SC can be Beneficial
There is no shortage of old houses for sale in Charleston SC. Plenty can be found in the downtown area and other areas such as Folly Beach, Summerville, and Hanahan. Many people look for older homes because of their beauty and charm. However, buying an older home can be a smart purchase because of their potential savings. Here are 5 reasons why you should consider buying an old house in Charleston.
- It can be Cheaper to Buy an Old Home than a New Home
Old houses for sale in Charleston SC are properties that have been built before 1970. These properties can offer a significant reduction in price than buying one new. Why, you ask? The cost of using modern materials drives up the cost of building a new home. This leads to the rise in cost to buy them.
- Older Homes have Better-Quality Construction
Here’s an old saying, “They don’t build em like they used to.” Older homes were constructed to last for a lifetime. Why? It’s because older homes tend to be built with old-growth trees. This means the wood is more resistant to rot and warping. Plus, older home walls were made from plaster and lathe. These walls are stronger than drywall found in new homes and offer better insulation.
- Old Homes are Often Located in Established Areas
Choosing a neighborhood to live in is a key factor when buying a home. The school district, crime rate and close proximity to shopping are all factors to keep in mind. Old homes for sale in Charleston SC tend to be in well-established and stable neighborhoods.
- Old Homes Have More Character
The landscaping tends to have mature trees in the front yard, giving the home more curb appeal. Many homes feature original crown molding, original hardwood floors and built-in cabinetry.
- The Size of Older Home Yards are Bigger than New Homes
Although you’ll find newer amenities with new homes, older homes have bigger yards. Here’s why this happens. When new home prices rise at a fast pace, the value of the land also rises. This helps drive the cost of buying them higher. Older homes tend to be a bit smaller yet have a bigger yard to compensate.
Contact Us About Buying Old houses for Sale in Charleston SC
A qualified real estate agent can help make buying old homes for sale in Charleston SC easier. At Charleston Home Team Real Estate, we would love to be your real estate guide. We are very familiar with the local market. Contact us at (843) 628-3960 and let us help you find old homes for sale in Charleston SC today!