Old Homes vs New Homes – How property asking prices are determined.
Welcome to my channel, my name is Shane fleming I am a chartered property consultant. I use this channel to share insight into buying and selling property both residential and commercial, what it is like to work in the real estate market and general topics that affect the market and investing.
In this video, I am going to discuss the difference between buying a new home vs an older home and also what determines the asking price for both.
If you are watching this video hopefully you watched my video last week on the pros and cons of buying new houses and old houses. If you have not seen it I will leave a link at the end of this video.
If you did see part one of this video you will know that I reached the conclusion that there was no easy way to determine what is better a new home or a second-hand home. As some much of it comes down to personal preference. Budget and desired location also pay a critical factor and so will the first time buyers grant. In the first video, I discussed a number of pros and cons of buying new and buying second hand.
Link to part One.
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