There are quite a few potential benefits to purchasing an older home. Not only are older houses typically less expensive, but they also often have better-quality construction. However, be sure to set aside some money for renovations. Here are a few updates you’ll likely need to make.
Insulation
It’s no secret a poorly insulated home is less efficient, thus leading to higher heating and cooling costs. Unsealed gaps also make it easier for cockroaches and other household pests to come inside. While installing new insulation in the attic is a task the average do-it-yourselfer can handle, it’s more difficult to add insulation to walls that are closed. Professional injection foam installation will likely be the best solution.
Electrical System
If the home is more than four decades old, its electrical system may be in serious need of an overhaul. Many homes built before the 1960s featured fuse boxes, which were more prone to creating fire hazards. Modern electrical panels are far safer. Older wiring is another issue that needs to be addressed. The wiring of a lower gauge is too thin to handle the electrical demands of a home filled with modern appliances.
The Plumbing
Old plumbing can be a major source of stress for homeowners. A few of the common issues include slow drains, clogged septic tanks, and dripping faucets. Plumbing leaks tend to be an even bigger concern. Even a seemingly minor leak can cause structural damage and promote the growth of mold. It’s also not uncommon for an older home’s sewer pipe to be damaged. Fortunately, cured-in-place pipe lining installation services can repair damaged sewer lines with minimal digging.
Low-Flow Fixtures
Installing new fixtures is a quick and easy way to modernize a historic home. Research shows standard toilets can waste a lot of water. Upgrading to a low-flow toilet will pay off in the long run. Low-flow shower heads and faucets will also save you money.
Replacement Windows
You will certainly want to update an older home that still has its original windows. Modern windows can feature multiple-pane glass, which ultimately helps better insulate the interior. The energy savings and enhanced comfort will be well worth it. There are a variety of different window styles for you to choose from. While some people prefer a retro look, others will lean more towards a contemporary design.
In the eyes of many people, they don’t build houses like they used to. Luckily, you can enjoy an older home without making any sacrifices. Just a few updates can make a major difference.