{"id":88497,"date":"2020-04-28T05:29:43","date_gmt":"2020-04-28T05:29:43","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=88497"},"modified":"2020-06-29T14:56:15","modified_gmt":"2020-06-29T14:56:15","slug":"pros-cons-buying-used-house-pakistan","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/blog\/pros-cons-buying-used-house-pakistan.html","title":{"rendered":"The Advantages and Disadvantages of Buying an Old House in Pakistan"},"content":{"rendered":"\n<p>Similar to our post on some <a href=\"https:\/\/www.zameen.com\/blog\/pros-cons-buying-newly-built-house.html\" target=\"_blank\" rel=\"noreferrer noopener\">advantages and disadvantages of buying a newly built house<\/a>, we are back with yet another list of pros and cons of <a href=\"https:\/\/www.zameen.com\/blog\/easy-guide-buying-used-house.html\" target=\"_blank\" rel=\"noreferrer noopener\">buying a used house<\/a> in Pakistan.&nbsp;<\/p>\n\n\n\n<p>Many people prefer building new homes according to their needs rather than going for existing properties or used houses. The benefits that come with newly built houses are although easy to understand, the tricky part is answering the question of why you should consider buying a used home in Pakistan. Well, there are two sides to every coin, and we will flip both of them to help you make a better and well-informed decision.<\/p>\n\n\n\n<p>So, without further ado, let\u2019s get investing!&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Pros and Cons of Buying a Used House in Pakistan<\/h2>\n\n\n\n<p>We know for a fact that old homes in Pakistan have a certain charm and an unmatchable character. However, you should also be aware of the fact that investing in used houses has its own set of risks and perks. To make things further convenient for you, we have discussed some pros and cons of buying a used house in Pakistan below:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Buying Price&nbsp;&nbsp;<\/li><li>Outdated<\/li><li>Location&nbsp;<\/li><li>Additional Cost<\/li><li>Size&nbsp;<\/li><li>Supply&nbsp;<\/li><li>Character&nbsp;<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Buying Price&nbsp;&nbsp;<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-A-28-04-1024x640.jpg\" alt=\"Buying price of old houses is usually low\" class=\"wp-image-88509\" srcset=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-A-28-04-1024x640.jpg 1024w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-A-28-04-300x188.jpg 300w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-A-28-04-768x480.jpg 768w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-A-28-04-640x400.jpg 640w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-A-28-04-368x230.jpg 368w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-A-28-04.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Used and old properties in Pakistan are generally available at lower price<\/figcaption><\/figure>\n\n\n\n<p>There are many advantages to buying an old house in Pakistan, but the buying price, hands-down, is the most highlighted one. Used homes usually have a lower price, primarily depending on two factors: the location of the house and its condition.&nbsp;<\/p>\n\n\n\n<p>For instance, buying a 120 square yards house in Karachi\u2019s Gulshan-e-Iqbal can cost you around PKR 1.5 crore. Comparatively, buying the same sized house in Bahria Town, Karachi requires a minimum investment of PKR 1.35 crore. The difference in price is majorly due to the reason that Gulshan-e-Iqbal is an old area with already built houses while Bahria Town is a new and developing community, and has a greater number of newer and unused properties.<\/p>\n\n\n\n<p>Similar price differences can be seen between Islamabad&#8217;s old and new areas such as <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/area-guides\/faisal-town-f-18-islamabad\/\" target=\"_blank\">F-18<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/area-guides\/bahria-town-islamabad\/\" target=\"_blank\">Bahria Town<\/a>. You can also compare <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/area-guides\/allama-iqbal-town-lahore\/\" target=\"_blank\">Allama Iqbal Town<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/area-guides\/bahria-orchard-lahore\/\" target=\"_blank\">Bahria Orchard<\/a> in Lahore to develop a better understanding of prices.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Outdated<\/h3>\n\n\n\n<p>When we talk about the cons of buying a used house in Pakistan, we cannot miss mentioning that used houses are usually constructed with old standards of living and are not well-equipped with modern technologies or smart devices. They have an old-fashioned electricity and plumbing system that does not comply with current construction codes. It also gets hard to find a person who understands the old-fashioned system and helps you fix or repair it [if need be].&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>If you are planning to buy an old house, the best way to check whether the plumbing and electrical systems are functional and safe is to hire a professional for the home inspection. This can benefit you in two ways: firstly, it will save you a lot of time and money on renovations. Secondly, you will get connected with the individuals who can help you fix these problems in the future as well.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Location&nbsp;<\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-C-28-04-1024x640.jpg\" alt=\"A view of Busy Bazaar in Pakistan\" class=\"wp-image-88510\" srcset=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-C-28-04-1024x640.jpg 1024w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-C-28-04-300x188.jpg 300w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-C-28-04-768x480.jpg 768w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-C-28-04-640x400.jpg 640w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-C-28-04-368x230.jpg 368w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-C-28-04.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Old properties are usually located in the centre of the city<\/figcaption><\/figure><\/div>\n\n\n\n<p>All the older homes in Pakistan have a common trait i.e., location. No matter in which region you are looking for a property, you will find that old homes are often built in the centre of the city, making everything quite accessible from any part of the neighbourhood.&nbsp;<\/p>\n\n\n\n<p>Living in an old house or neighbourhood means local shops, commercial markets, schools, hospitals, and such other amenities are readily available within walkable distances. Even if you happen to find a used house in a new neighbourhood, you will find that it still has all the necessities available at walking distances.&nbsp;<\/p>\n\n\n\n<p>On a side note, if you are a real estate entrant and need help with buying your first house, take a look at our <a href=\"https:\/\/www.zameen.com\/blog\/guide-buying-house-first-time.html\" target=\"_blank\" rel=\"noreferrer noopener\">guide on buying a home for the first time<\/a>. Besides location, we have mentioned all the factors that you should consider in your first property-related transaction.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Additional Cost<\/h3>\n\n\n\n<p>As mentioned earlier, old and used houses have old-fashioned designs and outdated layouts. It clearly indicates that if you buy a used home, you will have to bear the additional cost of its maintenance. Although it appears as a cost, it can help you in the long-run and elevate the current value of the house.&nbsp;<\/p>\n\n\n\n<p>You can easily increase an old property\u2019s market value by conducting some simple renovations, fixing the issues, and adding the required improvements. You can upgrade the layout of the house by adding amenities that can improve the overall condition and look of the house. Whether you want to live in the house or you have bought it as an investment tool \u2013 this additional cost can raise the overall value of the property.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Size&nbsp;<\/h3>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-D-28-04-1024x640.jpg\" alt=\"House with a parking lot\" class=\"wp-image-88512\" srcset=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-D-28-04-1024x640.jpg 1024w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-D-28-04-300x188.jpg 300w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-D-28-04-768x480.jpg 768w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-D-28-04-640x400.jpg 640w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-D-28-04-368x230.jpg 368w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-D-28-04.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Old properties are usually spacious with extra parking space<\/figcaption><\/figure>\n\n\n\n<p>If you are looking for a used house in Pakistan, chances are high that you will find a property that stands on a larger-sized plot with a high-ceilinged building. You will find an old and used home with spacious rooms and a better ventilation system.<\/p>\n\n\n\n<p>The up-keep of a bigger-sized house might be difficult, but you shouldn\u2019t worry since we have developed a thorough maintenance checklist for both <a href=\"https:\/\/www.zameen.com\/blog\/summer-home-maintenance-checklist.html\" target=\"_blank\" rel=\"noreferrer noopener\">summer<\/a> and <a href=\"https:\/\/www.zameen.com\/blog\/best-winter-home-maintenance-tips.html\" target=\"_blank\" rel=\"noreferrer noopener\">winter<\/a> that can help you in this regard.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Supply&nbsp;<\/h3>\n\n\n\n<p>Homeownership is one of the things that every Pakistani dreams about. Many of us spend a lifetime saving money to purchase a house of our dreams, and this dream is only achievable with used and old houses in the market. As such, one of the biggest perks of buying a used house is that they are always on the market, making both factors of demand and supply less of your worries.&nbsp;<\/p>\n\n\n\n<p>It doesn\u2019t matter if you are looking for a seller for your used house or you want to purchase an old property with your savings, you will always have a swarm of options to choose from.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Character&nbsp;<\/h3>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-B-28-04-1024x640.jpg\" alt=\"Colourful old homes in Lahore\" class=\"wp-image-88513\" srcset=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-B-28-04-1024x640.jpg 1024w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-B-28-04-300x188.jpg 300w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-B-28-04-768x480.jpg 768w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-B-28-04-640x400.jpg 640w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-B-28-04-368x230.jpg 368w, https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-B-28-04.jpg 1440w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Older properties usually have more character<\/figcaption><\/figure><\/div>\n\n\n\n<p>No matter how great a modern house seems to you, the older homes in Pakistan are coupled with unique characteristics. These characteristics are priceless, and no sum of money can incorporate them in newly built houses. Solid doors and floors, bigger windows, and ventilation systems are some of the amazing characteristics that modern homes cannot provide to homeowners.<\/p>\n\n\n\n<p>So, this was our take on the pros and cons of buying a used house in Pakistan. We have mentioned some of the important factors that you must consider, but you&#8217;re the best judge of what is the most suitable option for you and your family. If you have any further questions or suggestions, write to us at <a href=\"mailto:blog@zameen.com\" target=\"_blank\" rel=\"noreferrer noopener\">blog@zameen.com<\/a>.&nbsp;<\/p>\n\n\n\n<p>For more tips on property investment, keep visiting <a rel=\"noreferrer noopener\" href=\"http:\/\/www.zameen.com\/blog\" target=\"_blank\">Zameen Blog<\/a> \u2013 Pakistan\u2019s most trusted portal for everything property. Get our updates delivered directly to your inbox by subscribing to our newsletter. Just enter your email address in the box on the right side of your screen. Do not forget to like our <a rel=\"noreferrer noopener\" href=\"http:\/\/www.facebook.com\/ZameenPK\" target=\"_blank\">Facebook<\/a> page.&nbsp;<\/p>\n\n\n\n<p>And oh, if you are looking for a property in Pakistan, take assistance from <a rel=\"noreferrer noopener\" href=\"http:\/\/www.zameen.com\/area-guides\" target=\"_blank\">Zameen&#8217;s virtual area guides<\/a>. From <a rel=\"noreferrer noopener\" href=\"https:\/\/www.zameen.com\/area-guides\/scheme-33-karachi\/\" target=\"_blank\">Karachi&#8217;s Scheme 33<\/a> to <a href=\"https:\/\/www.zameen.com\/area-guides\/gulgasht-colony-multan\/\" target=\"_blank\" rel=\"noreferrer noopener\">Multan&#8217;s Gulgasht Colony<\/a>, we have listed every available the properties options. <\/p>\n\n\n\n<p>Found this information helpful? How about sharing it with your friends and family members on WhatsApp, Facebook, and Twitter!&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Similar to our post on some advantages and disadvantages of buying a newly built house, we are back with yet another list of pros and cons of buying a used house in Pakistan.&nbsp; Many people prefer building new homes according to their needs rather than going for existing properties or used houses. The benefits that come with newly built houses are although easy to understand, the tricky part is answering the question of why you should consider buying a used home in Pakistan. Well, there are two sides to every coin, and we will flip both of them to help you make a better and well-informed decision. So, without further ado, let\u2019s get investing!&nbsp; Pros and Cons of Buying a Used House in Pakistan We know for a fact that old homes in Pakistan have a certain charm and an unmatchable character. However, you should also be aware of the fact that investing in used houses has its own set of risks and perks. To make things further convenient for you, we have discussed some pros and cons of buying a used house in Pakistan below:&nbsp; Buying Price&nbsp;&nbsp; Outdated Location&nbsp; Additional Cost Size&nbsp; Supply&nbsp; Character&nbsp; Buying Price&nbsp;&nbsp; There are many&hellip;<\/p>\n","protected":false},"author":91,"featured_media":88508,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[11051],"tags":[62295,62296,62297,62298,62300,62306,62299],"persona":[32411,32428],"class_list":{"0":"post-88497","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-property","8":"tag-7-things-you-must-know-before-buying-a-used-house-in-pakistan","9":"tag-buying-a-used-house-in-pakistan","10":"tag-buying-an-old-house-in-pakistan","11":"tag-buying-an-old-property-in-pakistan","12":"tag-pros-and-cons-of-buying-a-used-house-in-pakistan","13":"tag-pros-and-cons-of-buying-an-old-house-in-pakistan","14":"tag-the-advantages-and-disadvantages-of-buying-an-old-house-in-pakistan","15":"persona-property-investment","16":"persona-tips-and-tricks","17":"cat-11051-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pros and Cons of Buying a Used House in Pakistan | Zameen Blog<\/title>\n<meta name=\"description\" content=\"Here are some pros and cons of buying a used house in Pakistan that you must consider before hitting the property market.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/blog\/pros-cons-buying-used-house-pakistan.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"7 Things You Must Know Before Buying a Used House in Pakistan!\" \/>\n<meta property=\"og:description\" content=\"Here are some pros and cons of buying a used house in Pakistan that you must consider before hitting the property market.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/blog\/pros-cons-buying-used-house-pakistan.html\" \/>\n<meta property=\"og:site_name\" content=\"A blog about real estate, lifestyle and tourism in Pakistan | Zameen Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-28T05:29:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-06-29T14:56:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn-blog.zameen.com\/blog\/wp-content\/uploads\/2020\/04\/Pros-and-Cons-of-Buying-Used-House-Cover-28-04.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"625\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"KF\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta 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