When you’re buying a home on the Westside, there are a lot of things to consider. One of the most important is whether to go with brand-new new or something older. In many areas, the decision to buy an older home is price motivated, even if it fails to account for all the additional costs that will undoubtedly be needed down the line. New luxury condos in Marina del Rey and other area cities have made it possible to own a new home on the Westside today. Not sure of the advantages? We’ll break them down for you.
Lower ceilings, tiny, claustrophobic kitchens with insufficient counter space and outdated appliances, and choppy floorplans that don’t “live” like we do today. That’s what you’re likely to find in an older home in need of renovation. If you’re looking for open floorplans, a gourmet kitchen, and a spa-like bath, you’re going to want to look at a new home on the Westside. Offerings like X67 Lofts in Marina del Rey have been designed to accommodate modern lifestyles, so instead of taking on a massive, expensive renovation to try to get your old home to today’s standards, you can just move right in and start enjoying it.
Can you find a deal on an older home in need of major work? You may. But are you really up for all the work that will need to be done and the expense of getting the home to your expectations? According to HomeAdvisor, “A major kitchen remodel in L.A. has an average cost of slightly more than $60,000. If you’re looking at a very high-end bathroom remodel, prices can easily go as high as $43,000,” although those numbers can climb much higher on the Westside.
So now you’ve just spent a hundred grand and you’ve got two great new rooms, but what about the rest of the house? You need new flooring, right? And those popcorn ceilings have to go. The backyard needs a ton of work, and don’t forget about the other bathrooms. And that’s just cosmetic. We all know what happens when you start knocking down walls, which leads us to our next reason to buy a new home on the Westside…
An older home is a mystery. Building practices change over time, and while homes on the Westside typically represent a commitment to construction quality, it’s hard to know everything that has taken place over the history of the home. Was it built correctly in the first place? Does it have lots of surprises behind the walls or under the floors? Is everything up to current code requirements?
Depending on the age of the home, you can probably assume some changes have been made over time, even of the home’s floorplan and décor doesn’t reflect them. Who did the renovations and repairs over the years? Were those people qualified? Were the changes permitted? Are there any hidden dangers? When something goes wrong and you have to completely redo your electric or your roof (or both!) and then replace the brand-new floors you just put in because of a massive leak caused by timeworn plumbing, you’re talking about thousands and thousands of dollars, not to mention a huge hassle. The peace of mind that comes with buying a new home on the Westside cannot be overstated.
Outdated design choices
An older home may be in good shape, but do the design choices reflect your taste? Are they even from this decade (or century)? Modern finishes are a hallmark of new homes, so you can spend your time enjoying your new place, exploring your new Westside neighborhood and the shops, restaurants, and nightlife within walking distance of home instead of poring over countless flooring and countertop options.
A home that was built even a decade ago may be far less energy efficient than a new home. Everything from construction products and processes to appliances to heating and air conditioning have become more energy efficient over the years. Today’s homes are friendlier to the Earth—LED lighting, low-E dual-glazed window and sliding glass doors, and energy-efficient appliances are just a few of the energy-efficient features at X67 Lofts, as an example—and they can also help save you money alongside the natural resources.
The old saying goes that there are no guarantees in life, but there are in new homes. Manufacturer warranties can provide coverage for up to 10 years, so if a dishwasher is failing to get hot or a window is not closing properly, homeowners have the confidence of knowing they can invoke their product warranty to get it fixed.
Want to learn more? For additional information about buying a luxury condo in Marina del Rey, visit X67 Lofts. X67 Lofts offers contemporary loft-style new homes for sale on the Westside with uniquely designed floorplans ranging from 759–1,906 square feet and high-end features and finishes including gourmet kitchens with center islands and eating bar (per plan), KitchenAid® stainless steel appliances, frameless European-style cabinetry, and Caesarstone® countertops. X67 Lofts’ amenities include: A dipping pool with lounges and cabana-style pods; a Residential Services Attendant seven days a week; a community event room; a community fitness room; and an outdoor courtyard with BBQs and firepit. The community is located within walking distance to the beach, Abbot Kinney, and to trendy shopping and dining opportunities, and in the perfect spot for those who work in the hot Silicon Beach tech shops.