When looking to purchase a home, there are many people that are intrigued by and in the market for homes built in the 1960s or earlier. Some of the reasons why people look to purchase these homes are - they have more character; these homes are in more established locations, or they have better quality construction; - and the list can go on.
But before settling in on buying an older home, please make sure you have thought it through properly. Many reasons exist as to why buying an old home makes sense and is appealing, but there are also reasons why it may not be a good idea for you the buyer. Having a full understanding of what all is involved in owning an older house versus one that is newer will help you make the right decision. The article below from the Decor Fix does a great job identifying many of the issues you should be aware of before buying an older home. Enjoy the article and give me a call with any questions you have or if you have any real estate needs. Tim Houterloot - Broker/Realtor 317-997-0165 cell firstname.lastname@example.org Source: the Decor Fix | Repost Houterloot 3/29/2021 - I want to preface this post by saying that I love our home. When Stu and I drove up to the curb for the very first time, this 1940’s Tudor-style charmer stole my heart. I fell hard and fast. We put in an offer within 48 hours. For someone who had her heart set on a historic home, there’s was probably nothing short of writing on the wall that could have dissuaded me from buying one. However, I wrote this post as a kind of cautionary tale to anyone who might be as naive as I was when purchasing an old home as their first home. I’ll start by sharing my eager homebuyer sentiment and follow it up with some cold, hard homeowner truth… “I love all the huge trees in this neighborhood.” What no one tells you:
1. When you have multiple 100-year-old trees on your property, you will likely spend hundreds (if not thousands) of dollars every other year having them trimmed. Especially if you live in an area of the country that gets snow, ice, and tornadoes like we do here in Missouri. No trimming? This is just asking for a disaster come winter. Read the full article...
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