Resale: Nothing can match the charm of an older character home.Improvements may have been made by the previous owner which is a bonus.Upgrades also may have been done, usually for less the cost than you could have done them yourself.
However, too much character, a leaky roof etc can be a problem. Know what you are getting yourself into at all times.
The New House:
The new house smell! If you are having a new home built from the bottom up, carefully examine the property, the blueprints, and visit other homes built by the same company. Have your REALTOR and/or lawyer review everything before you sign.Stay on top of the process while your home is being built.You also need to remember that you have a legal right to make a full inspection of the house before you accept it as complete.