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I bought a 5 year old house. Old enough to get the kinks worked out of it, young enough where things weren't breaking.
I've bought new before and on our FIRST walk through there were over 100 things on out punch out list.
OTOH, a good 50 year old house that was build back when people cared what they were doing and weren't using illegal labor as subcontractors also has its value.
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