Period properties vs new builds – which is better?
By Guest Blogger on 2 Jun 2016 in Buying
By Josh Cousens, abbotFox Estate Agents
With a plethora of modern housing being built to meet the demand of buyers, we decided to weigh up if new build properties with the latest architectural insights were as popular as older, traditional properties.
We discovered that a large proportion of the population are quick to mention the adjective ‘period’ when describing their ideal and perfect home, alluding to the appeal of the character involved in a traditional property and its ability to radiate a homely ambience.
A large percentage of the population would hasten to disagree with the viewpoint of attraction to period properties, citing these ‘second-hand homes’ as ‘never ending money pits’. The increased likelihood of an older property needing renovation work is a major turn off for a large number of buyers. A modern built property is able to brag its energy efficiency with effectual insulation and double glazing, pointing towards a decline in the cost of bills.
The ‘period’ fanatics are soon to counteract a modern property’s practicality by signalling towards their small gardens with no privacy from neighbours – modern houses are often crammed in tightly together on a development. Ceilings are low and rooms are thought to be smaller than those found in a traditional property, with the underlying factor that a modern home has no character.
The word ‘period’ has a tendency to be used in a very broad context, so what actually is a period property? Many think of the grandeur and neo-classical styling, with clean, symmetrical lines of Georgian architecture, while others envisage the cornicing, bay windows and patterned brickwork from the Victorian era.
Another share of the UK would argue that the light airiness of the Edwardian period is their definition of a period property. A preference in a particular era of period architecture is widely thought to be down to personal fondness, and what makes you individually think of as home.
Both period and newly built properties have their advantages and drawbacks. The underlying question of which is better really depends on a personal level as to what kind of property and lifestyle you are partial towards.