Commercial (and Residential) Disparity . . . Old vs. New

Althea Ramsay Carrigan, Burle Corporate Park • March 1, 2022

One of the things I know best in my professional life is dealing with 'old' spaces. The polite terms for old space are adaptive re-use, time tested and even the trendy but often applicable mid-century modern. That would be the middle of the last century, which started with 1900. So what qualifies as old space? It's not as simple as an actual age. Generally, enough time has had to pass that much more functional buildings exist in the same market with features more cohesive with today's needs. In Realtor classes we all learned this as Functional Obsolescence. In this market (Lancaster County specifically), that is a big qualifier as there are a plethora of technically functionally obsolete buildings being used with tremendous success and prosperity both for their owners and tenants. There is room for all types of buildings, just as there is room for many different styles of homes.


On a trip to brunch a few weeks ago with my relatives through the Lancaster County hinterlands, I noticed a larger-than-anticipated number of small, neatly kept trailer park communities. I commented on how well maintained and orderly these communities seemed to be and how there was obviously pride of ownership for the occupants in the details of how they had personalized and outfitted their homes. Someone in the car asked why they still exist in this day and age when there are so many other options that are more efficient and better constructed. This led to the discussion of choices and preferences and why things appeal or make sense to some people and make absolutely no sense at all to others.


Often it comes down to some very simple elements. Where and how you work and live or operate your business is driven largely by the two overriding factors of location and money. Tertiary, and lower in priority, are the amenities. Just as there are needs and wants in a home, there are absolute must haves and then lesser priority 'it sure would be nice to have...' elements in a building for a business. There are those who will always, no matter how much a place does not work for them, stay put and deal with the situation. There are others who will move through the stages of growing a business -- from the ground up by starting in a basement or garage through leasing their first real commercial space to expansions and then purchasing a building. The same applies to those who get their first home while single and then move through a succession of homes as they go through the myriad of life changes, starting small and going bigger and bigger until it is time to go the opposite way, smaller and smaller.


Just as there are homes built in the newest and most technologically advanced ways with programmable systems that are controllable by cellphones and computers with state-of-the-art energy efficiency and a green impact, there are also new commercial buildings being erected with much the same focus. These new options will appeal to organizations with the desire to operate with maximum efficiency and with a focus on environmental stewardship. Sometimes it is also seen as inherently valuable to a company to be able to present their business as having the means to pay for all that shiny new responsibleness. This is the perception theory of "if you want to continue to be really successful, keep looking really successful". Other companies, especially in Lancaster County, do not mind a bit of austerity; and sometimes they even underplay the bold display of success as they may believe that their clients most appreciate doing business with a company that practices and exhibits principals of practicality and function. Here, unlike many places and likely to some extent because of our heritage, it is not always seen as a good thing to be 'proud'. There are any number of theories as to why people live where they live and work where they work.


Take for instance that some people love old homes. They want to tinker, preserve and maintain; or maybe they just like the feeling of history. Alternatively, some people dream of a new home. New appeals from the custom design to making their own original dirt to the more modern esthetics and amenities. There is no right or wrong. In between the old and new is the broadest range of lifestyle choice homes that are pre-existing but not quite old homes. That explains the multi-billion-dollar home renovation contractor industry, the stores and the plethora of entertainment channels devoted to making-over and customizing an existing home.


As a company decides to leave a location, it opens up a space for another company to move in and make that space work for them. Over time this may happen every few years, every few decades or once or twice a century. A strong building with solid fundamental engineering can be adapted to suit the needs of multiple operations just as a three-bedroom home with a two-car garage can fit a single person or a fairly large family. So what about limitations? Some prime elements in today's commercial building, aside from the obvious key location issue, are ceiling height, power, climate control, docks, doors and parking.


In a nutshell -- for a new and perfectly ideal commercial/industrial building, you are likely to get an easily accessible location ideal to highways with simple and easy-to-maintain exterior materials to assure a professional and well-maintained facade for appearances. Parking for visitors and key associates at the 'front' office door, all fully ADA accessible and with pleasant but low effort landscaping. Offices connected directly to the production area which has high ceilings, multiple docks and at least one drive-in door. Room out back for trucks to load and unload and a bit of flat, paved area for trucks to side load off and more parking for the shop/production employees. Extra room out back for the invariable stuff you don't want inside, and room to place a roll-off dumpster. Bathrooms for both office and shop (separate) and obviously full HVAC capability. Other mechanical musts include ventilation, compressed air capability, three-phase power, water and sewer and energy efficient lighting and customizable security. All of this, of course, with state-of-the-art, technologically controllable remote access.


An older or even a good old building will have some of the above, and the rest will be adaptation and compromise. Before beginning a search, it is best to determine exactly what items a building absolutely must have and which things would be great but can be done without. In some ways it is not that much different from a residential wish list, but in practice it really is different. Work has to function while life just wants to be happy.


Facts, opinions and information expressed in the Blog represent the work of the author and are believed to be accurate, but are not guaranteed. The Lancaster County Association of Realtors is not liable for any potential errors, omissions or outdated information. If errors are noted within a post, please notify the Association. Posts represent the author's opinion and are not necessarily the opinion of the Association.

Enhanced Title Insurance: More Protection for Your Home
By Wayne Angelo, Cross Country Mortgage and Bill Stull, Abstract Associates of Lancaster August 17, 2026
When purchasing a home, buyers often have the option of choosing either a standard or enhanced owner’s title insurance policy. Both policies protect the buyer’s ownership interest in the property, but the enhanced policy provides several valuable protections that go beyond the coverage included in a standard policy. The enhanced policy is available for purchases of one-to-four-family residences and condominiums when the property is being purchased in an individual’s name, rather than in the name of an LLC, corporation, partnership, or other entity. A standard owner’s policy protects against common title problems, including defects, liens or claims against the property, an unmarketable title, and a lack of legal access. The enhanced policy includes those protections while adding coverage for issues that are especially relevant to homeowners, including certain building permit and zoning violations, improper subdivisions, vehicular access problems, and structures that encroach onto the property after the buyer takes ownership. One of the most important added benefits is post-policy forgery protection. A standard policy generally protects against title issues that existed before the buyer purchased the property. The enhanced policy also provides protection if someone later forges the homeowner’s signature or creates a fraudulent deed that clouds the homeowner’s title. With real estate and identity fraud becoming an increasing concern, this protection alone can provide homeowners with valuable peace of mind. The enhanced policy also includes an automatic increase in coverage. The policy amount increases by 10% each year during the first five years of ownership, up to 150% of the original policy amount. This helps the coverage keep pace as the value of the property increases. In Pennsylvania, the enhanced policy is available for a one-time premium that is only 10% higher than the standard owner’s policy premium, with no annual renewal cost. At Abstract Associates, we believe buyers should understand the difference between the two policies before making their decision. For a relatively small additional cost at settlement, the enhanced policy provides broader protection that can continue to benefit the homeowner long after closing.
Top 10 Things People Don’t Understand About Property Insurance
By Raquelle Riti, Bernieri Associates Allstate Insurance August 3, 2026
Top 10 Things People Don’t Understand About Property Insurance
Reverse Mortgage
By Wayne Angelo & Megan Brogna – CrossCountry Mortgage July 31, 2026
Most people think of a reverse mortgage as a way for homeowners to access the equity they've built in their current home. While that's certainly true, many Realtors are surprised to learn that a reverse mortgage can also be used to purchase a new home. What Is a Reverse Mortgage? A reverse mortgage, also known as a Home Equity Conversion Mortgage (HECM), is an FHA-insured loan available to homeowners age 62 and older. Instead of making monthly mortgage payments, eligible borrowers can use a portion of their home's equity to eliminate an existing mortgage, establish a line of credit, receive monthly payments, or simply improve cash flow. Borrowers remain responsible for paying property taxes, homeowners' insurance, maintaining the home, and continuing to occupy it as their primary residence. What Is a Reverse Mortgage for Purchase? A HECM for Purchase allows qualified buyers age 55 and older to purchase a new primary residence using a substantial down payment and a reverse mortgage—without the obligation of monthly principal and interest payments.* This program can be an excellent solution for: Buyers looking to downsize. Retirees relocating closer to family. Homeowners moving into a 55+ community. Clients seeking a home that better fits their retirement lifestyle. Buyers who want to preserve more of their retirement savings or investment assets. Instead of paying all cash for a home, buyers can finance part of the purchase through a reverse mortgage, allowing them to keep more of their liquid assets available for future needs. Why Realtors Should Know About This Program A Reverse Mortgage for Purchase can help clients: Increase purchasing power. Improve monthly cash flow. Preserve retirement savings. Purchase a home that better meets their long-term needs. Age in place more comfortably. For many older buyers, this financing option can make the difference between settling for a home and purchasing the one that truly fits their retirement goals. If you work with clients who are 55 or older, a Reverse Mortgage for Purchase may be worth exploring before they write an offer. *Borrowers must continue to pay property taxes, homeowners insurance, maintain the property, and occupy the home as their primary residence. The amount available depends on factors including the youngest borrower's age, current interest rates, and the home's value. Facts, opinions and information expressed in the Blog represent the work of the author and are believed to be accurate but are not guaranteed. The Lancaster County Association of Realtors is not liable for any potential errors, omissions or outdated information. If errors are noted within a post, please notify the Association. Posts represent the author's opinion and are not necessarily the opinion of the Association.
Mid Year Check In Realtor Calendar
By Missy Boots – Realty One Group Unlimited July 17, 2026
Whew! If you're anything like me, you blinked and somehow July is already halfway over. That also means we've officially crossed the halfway mark of the year. How’s business treating you? Maybe your year is right on track; if so - congrats! If you're holding your breath waiting for your transaction numbers to suddenly align with the goals you set in January, it's time to stop waiting and start resetting. It’s never too late! The beauty of this business is that January doesn't have a monopoly on fresh starts. In real estate, momentum can change surprisingly quickly. One listing can become three referrals. One conversation can lead to a transaction. The second half of the year has the potential to look completely different from the first. The key isn't wishing for a better year. It's changing what you do next. One of the most important mindset shifts an agent can make is to treat their business like a business. Business owners don't simply hope for better results. They create a plan, track meaningful metrics, review what's working, and adjust when needed. Your real estate business deserves the same level of intention. When you start thinking like the CEO of your business instead of just the salesperson in it, your daily decisions begin to change, and so do your results. So where to start? Ask yourself: How many meaningful conversations am I having each week? How consistently am I following up with past clients and leads? Am I asking for referrals? Am I visible in my community and online? Am I blocking time every day for lead generation? Many of us focus on results we can't control: closings, commission checks, or contracts signed. Instead, focus on the activities that create those results. Results lag behind consistent action. If you improve the actions, the numbers usually follow. Choose one or two meaningful goals for the next 3 months. Then identify the handful of weekly actions that move those goals forward. For example: Reach out to 5 people a day. Schedule three coffee meetings with your sphere. Host one open house every weekend. Post valuable content three times a week. Write five handwritten notes every Friday. Consistency beats intensity every time. Your calendar tells the truth. Look back at the last two weeks. How much time was spent on activities that directly grow your business? Admin work is necessary, but revenue producing activities deserve protected time on your calendar. While time blocking is considered a “bad” word to many, being in control of your time allows you to control your business. Schedule lead generation before you schedule anything else. Pick an accountability partner and share your weekly action plan with each other. Commit to checking in regularly and holding one another accountable for following through. Celebrate the wins along the way. When you accomplish the actions you set out to complete, reward yourself, even if it’s just an iced coffee with your accountability partner. Above all, don’t let a negative mind set deter you from forward momentum. Start small. Do the work. Finish big. Here’s to a successful 2026! "Success looks a lot like failure up until the moment you break through the finish line." – Dan Waldschmid “Today is always the most productive day of your week." – Mark Hunter
Home inspection guidance for REALTORS® helping buyers navigate inspection results, set expectations
By Ernest Homer, Homer Inspection Services June 19, 2026
Learn how REALTORS® can guide buyers through the home inspection process, manage expectations, address concerns, and keep transactions moving toward closing.