There's not an easy way to say this, so I'll just be straightforward. Mid-country is great, close to town, close to the Merritt Parkway, easy to cut across town, but the homes are generally older and shockingly expensive for their age. Even if you think you have a good budget, you probably don't if you're looking for new. Before I go any further, though, I should say there's a price for anything. If you have a casual $6M, you can find some gorgeous new construction on North Street. A year or so ago there were a few homes constructed on Lake Ave that were subdivided from Princess Abdulaziz's estate. Those homes sold in the $6-$7M range.
I have a client with a $3.5M budget and they want new or updated and are leaning toward mid-country. Despite the fact that the inventory in the market is low, everything that is in their price range is dated. Few, if any, have higher than 8 foot ceilings, dated kitchens, and old bathrooms. Buyers right now want move in ready or to take on as little work as possible. These homes need love and need a buyer with vision or patience to bring them back to life.
We bought an old house. It was built in the 60's but renovated in the 90's. We wanted to get into mid-country and that was what we could afford. We've spent the last 5 years trying to make this old house new again. Is it now worth $6M? Absolutely not but minus a few set backs it is definitely meeting our expectations.