FHB, old/land vs new/comfort

Looking at first home witin the same price bracket. Dual incomes. What is the most financially senseble option? Taking that first big step in our lives.

Option A. New stand alone 3-4br 2.5bath, 1-2 boarders to help mortgage 200m2 land give or take Nice neighborhood

Option B. Old house may need work, 3br 1-1.5 bath. Probably no boarders 400-600m2 land Avergae neighborhood

I am not sure but does option A sound better? As low maintenance even if land won't appreciate as much? Along with renters to help mortgage. We are fine with sharing a home at this stage in our lives.

Option B land should appreciate more but also higher outgoings, may need reno and maintenance, bills, higher mortgage. But will likely have the home to ourselves. Maybe one boarder at a reduced cost comapred to a new home.

Thoughts are appreciated thank you.