All I can tell you is that 60-year old, 2000 sq. ft. homes in my area of specialization (Meyerland, Maplewood South, etc.) are selling for upwards of $200/sq. ft. All the information submitted by my colleagues is accurate.
I've had numerous clients seeking newer construction, and falling in love with a "senior" property. As long as there are at least some updates, and the major issues have been addressed (foundation, under-slab plumbing etc.) the value of an established neighborhood cannot be overestimated.
One of the major issues of newer construction is that they're largely located in subdivisions where homes are still being built. In addition to lack of mature foliage, the true value of the property has yet to be established. Ask anyone who has tried to sell such a home ... competing with new construction is a distinct disadvantage, whereas property in established areas is currently selling almost as quickly as it's listed, and for record prices.
So to answer the question in general terms, yes.