Secondary housing market: pros and cons

The acquisition of real estate for most people is a whole life event, which requires some preparation and some knowledge. Having collected the necessary amount of money, the potential owner begins to reflect on what kind of housing he wants to buy for his "hard-earned money"? What to give preference to: investing funds in a new building under construction with a long-term prospect of obtaining a new planning apartment? And can go to the secondary housing market, where you can buy the cherished "meters" today?

secondary market

The solution to this issue depends on the goals 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 resale housing?

Benefits

- Relatively low price. Naturally, the "Khrushchev" will be inferior in price to housing in the new building.
- Location. In many cities, the secondary housing market occupies a large niche, so there is always the opportunity to choose the option in the area and house that interests you.
- Repair. When buying such an apartment, you can immediately make repairs if necessary. There is no risk that shrinkage will occur at home, as in a new building. Or you can move to the apartment in the condition in which it was purchased - repairs can wait.
- Mortgage. Getting a loan to the secondary market is much easier.
- Neighbors. There is an opportunity to meet with those who will have to face in the future and communicate every day.
- Extension. Some buyers specifically choose Khrushchev’s and buy several apartments on one or two adjacent floors, on one riser, thus killing “two birds with one stone”. At the same time, they have a footage not less than in a new house, and maybe more. And they can also choose the house that best meets their location requirements.

apartments secondary market

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

disadvantages

secondary housing market

• Metric area. Small area is one of the main disadvantages of apartments in the secondary market. And if a three-room "Khrushchev" can be redeveloped, then with a one-room or two-room apartment everything is more complicated. Small kitchen quite often becomes a decisive factor, which does not play in favor of buying such a home.
• Layout. Adjoining and adjoining separate rooms are inconvenient for a large family with heterosexual children. This arrangement does not imply intimacy and autonomy, respect for personal space, which is so necessary for both children and parents.
• Communications. You can not affect the communication of the whole house, but they, as a rule, need to be replaced.

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

Source: https://habr.com/ru/post/K3894/


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