It's a question we're hearing more and more in the office lately.
With several new developments continuing to pop up across Exeter and East Devon, many buyers find themselves torn between a brand-new home and a more established property. Both have their advantages, and honestly, there’s no one-size-fits-all answer.
If you’re currently house hunting and wondering which route to take, here are some of the things worth considering.
The Appeal of a New Build
There’s no denying the attraction of being the very first person to live in a home.
Everything is fresh, modern and unused. Kitchens haven’t seen years of family dinners, carpets haven’t had muddy footprints across them and there’s usually very little maintenance needed in the early years.
Many buyers also love the energy efficiency that comes with a new-build property. Modern insulation, double glazing and efficient heating systems can mean lower energy bills compared to some older homes.
For busy professionals, young families or anyone who simply wants to move straight in without a long list of jobs to tackle, a new build can be incredibly appealing.
Things to Consider
That said, new builds aren’t perfect.
Some buyers are surprised by the size of the rooms or gardens compared to older properties. Developers are working within land constraints, and while layouts are often designed cleverly, some people find older homes offer more space overall.
It’s also worth remembering that new developments can take time to fully establish themselves. Landscaping matures, local amenities develop and neighbouring construction phases may continue for a while after you’ve moved in.
Why Buyers Love Older Homes
Step into a Victorian terrace, a 1930s semi or a charming cottage and you’ll often find something that can’t be built overnight: character.
Original fireplaces, high ceilings, larger gardens and unique architectural features are often high on buyers’ wish lists. Many older homes also sit within established communities where schools, transport links and local amenities are already well embedded.
Another advantage can be plot size. In many cases, older properties offer more outdoor space, which has become increasingly important for buyers over the last few years.
Things to Consider
With character often comes maintenance.
Older properties can require more ongoing upkeep, whether that’s updating electrics, improving insulation or simply keeping on top of general wear and tear.
Of course, some buyers see this as part of the appeal. The opportunity to add value and put your own stamp on a property is something many homeowners actively look for.
So, Which Should You Choose?
The truth is that it depends entirely on your lifestyle and priorities.
If you’re looking for low maintenance, modern living and energy efficiency, a new build could be the perfect fit.
If you value character, larger rooms and established neighbourhoods, an older property may suit you better.
The good news for buyers in Exeter is that there are excellent examples of both currently available across the city and surrounding villages.
Our advice? View a mix of properties before making your decision. Quite often, buyers come into the process convinced they want one thing and end up falling in love with something completely different.
After all, the right home isn’t always the one that looks best on paper – it’s the one that feels right when you walk through the door.
If you’d like to discuss the current Exeter market or arrange a viewing, our team would be delighted to help.
