Buying an old house brings such great charm and craftsmanship into a homeowner’s life. Someone who appreciates an excellent antique can recognize the sentimental appeal of an ancient home whose walls are packed with history. Older homes are filled with wonderful character traits and historical features that most new homes simply do not have.
From ceilings with rustic wood beams to wood trims and mouldings to large wood-burning fireplaces—they truly contribute to the house’s amazing features that normally we don’t see in today’s mass-produced houses. However, there is also something to consider with old houses for their inevitable and costly mishaps that may be hiding behind any corner or wall. Buying an old house has plenty of benefits, but you must be aware that it also has its fair share of concerns that you should take into consideration.
So how can you purchase a home that’s filled with such historic image and personality, while not wasting money on wiring problems, outdated plumbing and foundation problems? Here are things you should know before deciding to purchase an older home.
Older homes apply older technology and construction materials.
The utilization of older technologies and construction materials is not usually a negative thing. Older homes are commonly customed and hand-crafted in high-quality that surely has long-lasting value and a heavy-duty structure that one cannot find today. This is the reason why older homes are strongly standing today and truly built to last.
Most of today’s builders do not put so much effort into dove-tail wooden joints, or hand-scraped huge wooden ceiling beams. But there are still new home builders out there that understand that these qualities make a lot of people fall in love with historic homes.
However, this type of nostalgic homes come with some problems. Technically, an older home is commonly filled with ancient methods of plumbing, heating, windows, roofing, wiring, and insulating properties. In short, it can cost you a lot when it comes to repairs. Repairing a home with new windows, wiring, and plumbing can cost riches. You need to treat a centurion home as your baby, and we all know that babies are expensive!
If the price is low, doubt about it.
It might seem like a good deal and appears to be great under market value but it’s usually because sellers are considering something, be it required home repairs that they don’t want to be accountable or entirely out of date features that will cost a fortune to bring up to date.
If you’re really serious about purchasing an old house that appears to be registered doubtingly low, you better do your research first prior to actually buying it. Try to see if you can find past inspection reports and any other applicable paperwork, which should provide you with a clearer idea of the home’s possible problem areas.
Perform at least two inspections.
A lot of people don’t know this and one of the most important things homeowners wish they knew before. Inspectors are also human beings and it’s possible that they make mistakes along the way. If your inspection manifests anything structural, you can hire an engineer in there before you buy. It’s crucial to know upfront instead of having some significant dollars attached down the road. Feel free to ask professional help from a traditional inspector, bug inspector, and structural engineer.
Inquire how long the house has been empty.
If the house sat empty for a long time, high are the chances that you’re going to have a lot of issues to face. You might suffer in the end and found out the severe sulfur smell, pests, and mould in the basement. If you found out that the house is not used and systems just sit there such as no water circulation, no human involvement for critters, issues can start to arise. Here are several things to inspect:
- Roof leaks
- Storm Windows/Screens
- Overall Insulation
- Condition of Walls and Floors
Consider if the appliances will fit into the older home.
Most people overlook this important part—only realizing it as movers attempt to squeeze your fridge through the front door. Old homes were commonly built when household items were smaller than they are today. Before, homes were not built to carry commercial grade double ovens or mammoth stainless steel appliances like fridges. Plus, the doorways were more narrow constructed and shorter than they are today.
Are you planning to include a large sectional couch and 60-inch wide television to your old home? Well, consider that these items may have trouble fitting into the small doorways of your beloved relic. We highly advise that you measure all the doorways and other possible entryways before you get super serious with a vintage home. Although new doorways can be built, it’s would be another cost to include to your ever-growing checklist.