Secondary housing market: pros and cons

Secondary housing market: pros and cons
Secondary housing market: pros and cons

Video: Secondary housing market: pros and cons

Video: Secondary housing market: pros and cons
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Acquisition of real estate for most people is a whole life event that requires some preparation and some knowledge. Having collected the necessary amount of money, the potential owner begins to think about what kind of dwelling he wants to buy with his "hard money"? What to give preference to: investments in a new building under construction with a long-term perspective of obtaining an apartment of a new layout? Or maybe go to the secondary housing market, where you can buy the coveted "meters" today?

secondary market
secondary market

The solution to this issue depends on the purpose of buying real estate and invested funds. For example, if the issue of housing is not global, then you can consider investing in a new house under construction. And if you need an apartment today, a more reliable option would be to invest in the secondary market. What are the pros and cons of second homes?

Benefits

- Relatively low price. Naturally, the "Khrushchev" will be inferior in price to housing in a new building.

- Location. Secondary market in many citieshousing occupies a large niche, so there is always the opportunity to choose an option in the area and house you are interested in.

- Repair. When buying such an apartment, you can immediately make repairs in it, if necessary. There is no risk that the house will shrink, as in a new building. Or you can move into the apartment in the condition in which it was bought - repairs can wait.

- Mortgage. It is much easier to get a loan for the secondary market.

- Neighbors. There is an opportunity to meet those with whom you will encounter in the future and communicate every day. - Expansion. Some buyers specifically opt for "Khrushchev" and buy several apartments on one or two adjacent floors, on the same riser, thus killing "two birds with one stone." At the same time, they have no less footage than in a new house, and maybe more. And they can also choose the house that best meets their requirements for location.

secondary market apartments
secondary market apartments

Despite all the above advantages of the apartment, the secondary market has negative sides.

Flaws

secondary housing market
secondary housing market

• Footage. A small area is one of the main disadvantages of secondary market apartments. And if a three-room "Khrushchev" can be rescheduled, then everything is more complicated with a one-room or two-room apartment. A small kitchen quite often becomes a decisive factor that plays against the purchase of such housing.

• Layout. Adjacent and adjoining-separate rooms are inconvenient for a large family withheterosexual children. Such an arrangement does not imply intimacy and autonomy, respect for personal space, which is so necessary for both children and parents.• Communication. You cannot affect the communications of the whole house, and they usually need to be replaced.

Electrical wiring leaves much to be desired. It often burns out, does not withstand loads, which sometimes leads to unpleasant consequences. And this is not surprising, because initially it was designed for the use of two or three electrical appliances: a TV, a refrigerator and an iron. Considering all the features, it is worth thinking carefully - what to choose: a secondary market or a new building?

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