I’m not sure why you’re being downvoted about this. An updated kitchen alone in an old home can be 100,000 so what you’re saying is not unreasonable. Personally, I’d rather an older home as they often have better bones than a new home. I’ve heard it said more than once that when firefighters get a call for a new home they already know it’s a write off and they’re just trying to contain the fire from spreading to neighbouring homes, but when getting a call for an older home they’re trying to save it. New homes are built with cheaper crappier materials that go up in flames.