Benefits Of INVESTING IN A Second-Hand House

Posted by Holcomb Hong on May 16th, 2021

Struggling to buy a fresh house? What about considering a second-hand house that actually offers plenty of benefits. 1. Move-in ready Generally in most situations, second-hand house is move-in ready because normally all the basic facilities and furniture including kitchen cabinets, lights, fans, air cons and heaters already are installed properly. You can transfer to the house once you become the owner. Basically, you can find just some minor renovations, repairs and basic cleaning that have to be done before moving into the house. However, you could have to wait for a year or more should you be moving into a fresh empty house. บ้านมือสองนนทบุรี 2. Cheaper New houses are typically more costly than existing houses due to the costs associated with building a new house such as price of land, labors and construction materials are continuously rising. This upsurge in prices represents inflation. There exists a positive correlation between inflation and house prices and therefore the house prices as time passes tend to rise more or less in step with inflation. 3. Bigger land Years ago, the houses are built with more square foot when land was cheaper because of plenty of lands that may be used for home building available in the market. The houses built years ago have a far more spacious kitchen, larger bedrooms, wide gardens, extra airport parking spaces etc. Nevertheless, there's insufficient land designed for more housing nowadays resulting in an increased land price. The high land costs imposed on the developers were eventually passed on to buyers; hence new houses nowadays are cramped yet come with an expensive price tag. 4. Established neighbourhood Neighbourhoods take years to create and thus, established neighbourhood is frequently found only in older housing area. Established neighbourhood provides much benefit such as for example mature trees, sidewalks and a feeling of safety for the residents living over there. 5. Desirable locations Older houses are often found closer to the city centre, making it close to the public facilities, schools, hospitals, restaurants, banks, shopping malls and other amenities. It certainly provides great convenience to the residents living in this strategic housing area when everything is at walking distance. 6. Safe Old houses have been tested through time. They have stood for decades which is strong evidence to their true quality. Old houses which can be more solid will then be relatively safe when compared with new houses which its risk still remains unknown.

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Holcomb Hong

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Holcomb Hong
Joined: May 15th, 2021
Articles Posted: 1