Is Owning an Older Staten Island House Right for You?

Posted by Thomas Crimmins on Tuesday, July 30th, 2013 at 9:06am.

When it comes to buying a Staten Island house, should you be looking toward a brand new recently built property or considering an older historic home?

There are many advantages to either option and the best choice for you will depend on what you are looking for in a home. If you are wondering whether buying an older property is right for you, here are some questions to ask yourself:

Are You Willing to Invest in Renovations?

A historic home will be more likely to need upgrades when it comes to electrical wiring, plumbing and central heat or air. When you are making your choice whether to purchase the home, don’t forget to factor in the costs of the upgrades that need to be made.

Do You Have the Time for Maintenance?

Buying an older home means that you will be spending a lot more time on maintaining and caring for the property. Will you be able to find the time to fix and upgrade the house as is required? If you don’t, you might find that a newer home is a better no-hassle solution.

What Style Do You Prefer?

Many people are attracted to older homes because they find them more visually appealing. They love the little details and the unique character of these homes, such as gabled roofs, bay windows and other features. However, if you prefer a house that has minimalist clean lines and a more open floor plan, you will probably be happier looking for a newly built home.

Is Location and Space a Priority?

Generally, when builders were constructing homes in the past the land was cheaper and more plentiful, so they are located on larger lots. Also, the city was still growing so these homes are now situated in prime real estate closer to the action. When you are buying a new home, it might be squeezed into a smaller space or located out in the suburbs where you will need to commute to work.

These are just a few questions to ask yourself when you are considering whether to buy an old or new Staten Island house. If you have more questions about the home buying process, feel free to contact me at tom@tomcrimminsrealty.com or via phone at 718.370.3200. 

Tom Crimmins is the broker/owner of Tom Crimmins Realty. This St. John’s University graduate and native Staten Islander’s past careers include Assistant Dean of Students at SJU, NYPD Sergeant, Director of the Carnesseca-Sarachek Basketball Camp, and investor, speculator, and buy-fix-flip real estate expert. His real estate experience, which spans 30 years, is second-to-none.

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