Every year there’s more 100+ year homes that may be of interest to you as a buyer, With decisions; such as

1)      Do we renovate and make something old. Something new?

2)      Do we renovate and keep the old charm?Do we love it just the way it is?

3)      Do we mow it down and build new?

4)      Do we sub divide and build infills

5)      Do we apply to change the zoning and land use?

 

There's something charming about living in a house that's been around longer than your grandparents. There’s history, it's the look and it's certainly the construction.

They just don't build them like they used to.

There’s a lot of things that you may need to consider when purchasing an older home. Just think construction techniques change, and technology changes the efficiency and mass of the products used in building these homes.

 

a) There could be Faulty, dangerous or old wiring, with this in mind - It may be difficult to find an insurance company to insure your home.

b) The water lines themselves may be in need of replacement, simply speaking, Water lines sometimes fail, if there are pre-existing conditions, insurance may not cover any issues that may arise.

c) Few bathrooms are almost a guarantee when dealing with character homes.

d) Sagging and squeeking floors are a common occurance.

e) It’s very possible to have landscaping issues, where things constructed may not be on the said lands.

The list goes on with the potential findings that may arise in the purchase of a character home, one things for sure and that is to plan and budget… and to expect that there will be surprises and cost over runs. There are no guarantees and there may be difficulties when discussing your vision with the local municipalities. But one thing is for sure, It can be very exciting

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