Pros and cons, that's for sure. My current house is from 1974 - it's built very well. There's a comment below about new houses being built poorly - there are builders that cut huge corners but still stay within code. The new builders will clear cut pristine forest areas, build houses and plant little twigs called 'trees'. My current house...I had to cut down an oak tree as it was getting a disease..I counted the rings and it was 90 years old. Same for all the houses around my old neighborhood. The houses are about 40+ years old but you can tell the trees are older than. Builders, and people cared back then. I love walking in my old neighborhood...tons of trees, you don't even feel like you're in a big city but I'm 15 minutes away from downtown Atlanta.

The new house is a open floor plan, 2 story foyer/family room, tall ceilings etc, 50% larger more square footage. The outside looks beautiful.The funny thing is, the price of my current house and new house are very similar...old is valued at $330k, old was purchased a $363k. But my old house is closer to the city in a nice area.

I am moving to a newer part of town. It's closer to work for both me and my wife. All houses around there are no more than 20 years old...most are within 10 with new construction everywhere.