Buying A Home
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There is a house DH and i really like from the pictures online, we have an appointment to see it this weekend, but it was built in 1860. How old is too old? From the pictures it looks like it is all updated, but do you think it will have problems structurally? Or any other significant issues?
Or maybe it's a typo on the MLS? It doesn't look like an 1860 house......
Thanks!
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Re: House built in 1860
~Benjamin Franklin
DS dx with celiac disease 5/28/10
They live in houses built in the 1600s and 1700s in Europe - our standards are just different bc we're a younger nation.
I believe the relative age of a house is as important as its actual age. If it's a house that's been completely updated and modernized, it could be better than a house from 1970 where nothing's been done and it hasn't been cared for.
Like pp said, get an inspection. Be sure to get it from an inspector who specializes in old homes.
As for the age, it could be that the home has been added onto over the years and only the original core rooms of the home are from 1860.
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Thinking of doing cosmetic updates to a dated home? These were our costs.
I don't think it is a dealbreaker by any means, and I would consider it. But there are issues I would look for, namely:
Electrical-has it been properly updated? When? Enough voltage for modern appliances/electronics?
Plumbng-Ditto with electrical?
Structural-is it holding up? Obviously the inspection will be key here
Closet space-Unless they have done a lot of renovating with this, the closet space is likely to be small.
Homeowners insurance is usually higher on older homes. Personally I love the old ones (I wanted to go look at a house that was built in 1690 but got vetoed), but we decided we didn't want to be too risky on our first house. Of course, you could certainly argue that if it's still standing after 150 years it's probably very well built.
Our house is from 1920 and when it was appraised they said the effective age of the house was closer to 20 years. It's completely updated and pretty much a "new" house with the charm and character of an older home.
If the 1860 house is like this, then there's no reason to write it off. We preferred our house over many newer houses.
ETA: the only downside to our old home is lack of closet space but there is no lack of storage with the basement, garage, attic in the garage, shed, and under porch storage.
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