What To Look Out for When Buying an Older Property

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When you are on the lookout for a new home, most people find themselves blindsided by the fact that they are able to get onto the property ladder. This means that, whether we’re looking for a new home in the literal sense or a home with a lot of charm and character, we can end up overlooking some of the essentials that will keep us safe. We need to be aware of the issues that we can run into when purchasing a home, especially those that are at least 40 years old. Here are a few things that you need to look out for. 

Plumbing Problems

When you purchase an old home, the pipes can be very old and decomposed, but the pipes can also contain lead, so fragments of lead could end up in your drinking water. Additionally, there can be problems with regard to water leakages, especially if you cannot see them! If there are problems with the plumbing behind the walls, you could end up getting mold and mildew. While there are many mold mitigation services that can help, it’s vital for you to address the problem at the source. 

Outdated Electrics

If you move into an older property, it’s very likely you will need to upgrade your electricity supplies and outlets before you move in. When we think about all the technology we use on a daily basis, the fact is that older homes cannot keep up. Any wiring installed prior to 1960 will last approximately 70 years, but if you notice any outlets in the home that are two-pronged or grounded, these will need to be changed. 

Toxic Gases

Commonly found in older homes, they are colorless, odorless, and tasteless, which is going to cause major problems. Carbon monoxide can cause death at the very worst, and radon, although not toxic, it is the leading cause of lung cancer for non-smokers, therefore, exposure to both is not recommended. 

Deteriorating Roof

One of the most common problems in an older property is the condition of what is above your head. Different types of shingles have numerous lifespans, but they depend on a few factors, including: 

  • The weather. 
  • The maintenance record of the shingles. 
  • The grade of the roof. 
  • The overall maintenance records. 

If you see things like bowing gutters or any leaks or moisture in the top floor or attic, you need to contact a roofing specialist.

If you’re unsure on the health of your roof, it wouldn’t hurt to contact a roofer in Lakewood. They can take a look and make sure that everything is up to par.

Foundation Issues

Foundation issues are very common and need to be addressed to make sure that the home is livable. Foundational issues can cover a number of components, such as damaged support footings or smaller settlement cracks. The cause can be wear and tear, tree roots from a nearby tree, or seismic activity. Structural engineers can help with these issues to assess the damage and create a strategy to ensure you can repair it appropriately. 

When we purchase an older property, there is a lot going for it. But we have to be aware that it’s not just the charm we are paying for, but it’s the upgrades as well.

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