1. Foundation Issues:
Some foundation issues are obvious — like a visibly noticeable warp in the floor. But other signs of damaged foundation aren’t so clear. If you’re considering buying an older home, here are other ways to check for foundational issues:
- Doors and windows that don’t latch properly.
- Cracks in drywall, especially over doors and windows.
- Chipping or flaking on floors and windows.
If you notice any of the above, have the foundation professionally inspected.
2. Roof Leaks:
Water intrusion is a home’s biggest enemy, which is why having a solid roof is so important. Checking for signs of water intrusion is one of the first things you should do when scouting an older home. Be on the lookout for water spots on the ceiling and stains from plumbing leaks and window leaks.
3. Old Plumbing:
Combine decades of use and minimal maintenance, and your charming old home can have serious plumbing issues. Low water pressure, corrosion, leaks and the like might not seem like huge burdens to bear, but these annoyances can lead to much bigger problems down the line. While old plumbing shouldn’t necessarily scare you away from buying your dream home, it’s an important factor to consider as new plumbing systems cost thousands of dollars.
4. Asbestos:
Asbestos was commonly used as insulation and fire retardant in homes built before the 1970s. While it was once praised for its heat resistance, tensile strength, and insulating properties, asbestos is highly toxic and a known cause of mesothelioma cancer. Because it can be difficult to detect and remove, removal costs vary widely, with an average of $1,700 per project — so be sure to consider this before buying an older home.
5. Old Windows, Poor Insulation:
Older windows don’t just add to your heating and cooling bills — they can also let in moisture. When it comes to any home, moisture is the enemy and can result in dry rot and mold problems. If the windows have been leaking for too long, there could also be damage to the walls and floors that isn’t visible to the naked eye so keep this in mind if you’re considering a historic abode. On average, homeowners spend about $4,800 when replacing windows so don’t overlook this.
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