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Mississippi Home Buying: Historic vs. New Construction

Looking for a new home in Mississippi? Consider the advantages of both historic and new construction homes. Mississippi is known for its unique culture, beautiful sights, and a rich landscape that’s addressed in both its historic and new construction homes. When it comes to Mississippi home buying, you can be sure that you’ll find just the home you’re looking for.

Historic homes are often significantly cheaper than new construction homes, and they come in many different styles. Their classic architecture can provide a unique charm and a historically significant look, and many offer a variety of features such as fireplaces, verandas, and deep porches. Historic homes are often located in charming, walkable neighborhoods that have a strong sense of community.

New construction homes are often more expensive than historic homes, but they come with the peace of mind that comes with a newer, well-maintained residence. Modern floor plans, energy-efficient construction materials, and up-to-date appliances are some of the advantages that come with new construction homes. Many have beautiful outdoor features such as stunning views, lush landscaping, and plenty of privacy.

Advantages of Historic Homes

Buying a historic home can be a great investment. The original architecture often makes the homes unique and more appealing than cookie-cutter new construction homes. If the home has been maintained well, there may also be antique and period furniture that comes with the home. In general, historic homes just have more character than newer homes.

Historic homes can also become eligible for tax credits if homeowners go through the requirements to designate their homes as historic. This means that homeowners can potentially save money on their taxes by embarking on a renovation or restoration project.

Advantages of New Construction Homes

New construction homes are typically more energy efficient than older homes which can be good for the environment and your pocketbook too in the form of lower energy bills. New homes also come with warranties that protect homeowners from all kinds of breakdowns and problems, which is especially important if you’re a first-time homebuyer.

New construction homes also make it easier to self-design a home. Homes can be built in any style you’d like, and you can customize your layout, fixtures, appliances, and other aspects to best suit your lifestyle and taste. This makes a new construction home truly your own.

Finally, because you’re starting from a blank slate, you’ll be able to choose a location that suits your lifestyle. Whether you’re looking to live close to the beach, in the mountains, or in an urban city-center, a new construction home can provide you with that kind of location.

Making the Choice

  • Consider the cost of a historic home restoration and the tax credits available
  • Evaluate your budget and the available home selections
  • Think about energy efficiency and other new construction elements
  • Evaluate the professional help you may need to make the best choice

Conclusion

Both historic and new construction homes have their advantages and disadvantages. If you want to take advantage of Mississippi’s cultural heritage without sacrificing comfort and convenience, it can be prudent to find the best of both worlds. Alternately, if you decide between historic and new construction homes, the right home is out there waiting for you.