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Is a brand new home usually worth more than an older home of exactly the same size and style? If so, how much more?

Is a brand new home usually worth more than an older home of exactly the same size and style? If so, how much more?
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Lou Costa
Lou Costa
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4 years ago
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Depends on if by older you mean historic and if your new house is in a historic neighbrohood or not. But generally I'd say a new home would go for more than one 20 years old. Not sure how much more- it would depend on the average sale price for where your home is located
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Hello Lou,
Thank you for the reply. I meant a new home, compared to one about 4 or 5 years old.
Thanks,

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