There are many reasons to love old homes—the unique charm, the historical touches, the amazing architecture. But taking on an elderly home comes with its own set of challenges, too. Morgan Cohen, certified inspector and founder of MKC Associates in Boston, says that the biggest mistake he sees with people who want to purchase an older home (he qualifies an old home as one that was built before 1950) is that they don't understand how much effort it takes to repair and maintain a new home. "People are dazzled by the beauty and charm of old homes, and they love them," he says. "But then they realize that repairing moldings, trim, siding, slate roofing, other components requires excellent (read: expensive) carpentry."
Cohen also says that it's of the utmost importance to get an inspection done before putting in an offer on the house. "You can't afford not to," he says. "There is truly no better way to get a sense of what you're getting yourself into." Brenda Bradshaw, a real estate agent in Bradenton, Florida, says that the number one thing she tells her clients is to expect the unexpected and build a financial cushion for any issues that may come up with the home. Her other piece of advice? "Have great contractors and do things the right way. You could end up with something really lovely for your family to enjoy for many years." Cohen agrees, saying that old homes, while a little bit of work, are absolutely worth it. "They often have craftsmanship that is unequalled, materials that can't be made today, and a meaningful soul," he says. "Old homes have character that new homes simply do not. The effort is worth it if you plan on staying in the home, and as long as there are not any major or significant problems."
So what are those problems you should be on the lookout for? Cohen and Bradshaw have the five major issues to watch out for as you're scouting out your charming older home.
from Apartment Therapy | Saving the world, one room at a time https://ift.tt/2Oe1Orn
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