We are all different, some of us like new properties with all the modern conveniences and others like the charm and individuality of older homes. Additionally, many people think that modern construction standards cannot compete with the old-fashioned craftsmanship and grandeur of older architectural designs. This may or may not be right, but the main thing to keep in mind is not to jump into a purchase without considering all your options, after all your dream home can turn into a nightmare. An old house is more often than not going to need more attention than a new house, as a result here are some helpful tips for you to look at first.
1. As a typical guide to repairs on a property look at about 1 percent of the cost of the property each year. As a result when you are buying a home make sure you have enough credit to cover general problems that crop up
2. Look at all the remedial refurbishments you may want to do. Are the window frames in poor condition and need a coat of paint or does the fence need changing? In the modern world many of us need the internet, is the connection suitable or will you need to change it? The bathroom and kitchen may be falling apart, so will you want to replace these as soon as you move in? And the ultimate question to ask yourself: do you like the house?
3. A magnificent mature garden is often one of the benefits of moving into an older home, no costly days out picking out plants, laying a patio or putting in that water feature, it is often already there. Have a look around and ask about the neighbours, although an older property may be appealing but if the average age group of the residents are also older and you have small children, they are unlikely to make friends.
4. How many months has the property been on sale? Of course in this economic climate many houses have been on the market for a while, but as a normal rule: if the property has been on the market for a while, or changed hands a lot, then there is likely to be an underlying problem.
Realtors at Toronto Homes often suggest hiring a professional. Procuring a reputable expert who executes a thorough house inspection is a must once you decide to go for an older building. This will without doubt be funds well spent if only to give you piece of mind. A specialist knows what to watchout for and finds out details you wouldn’t notice. Although future or indeed current problems may not be apparent to the untrained eye, a professional knows what to look for. Some home buyers may not want or have the funds for this type of service, therefore they need to be on the look out for potential problems which could occur with things like the heating, plumbing, joists, foundations and the roof to name a few.
1. As a typical guide to repairs on a property look at about 1 percent of the cost of the property each year. As a result when you are buying a home make sure you have enough credit to cover general problems that crop up
2. Look at all the remedial refurbishments you may want to do. Are the window frames in poor condition and need a coat of paint or does the fence need changing? In the modern world many of us need the internet, is the connection suitable or will you need to change it? The bathroom and kitchen may be falling apart, so will you want to replace these as soon as you move in? And the ultimate question to ask yourself: do you like the house?
3. A magnificent mature garden is often one of the benefits of moving into an older home, no costly days out picking out plants, laying a patio or putting in that water feature, it is often already there. Have a look around and ask about the neighbours, although an older property may be appealing but if the average age group of the residents are also older and you have small children, they are unlikely to make friends.
4. How many months has the property been on sale? Of course in this economic climate many houses have been on the market for a while, but as a normal rule: if the property has been on the market for a while, or changed hands a lot, then there is likely to be an underlying problem.
Realtors at Toronto Homes often suggest hiring a professional. Procuring a reputable expert who executes a thorough house inspection is a must once you decide to go for an older building. This will without doubt be funds well spent if only to give you piece of mind. A specialist knows what to watchout for and finds out details you wouldn’t notice. Although future or indeed current problems may not be apparent to the untrained eye, a professional knows what to look for. Some home buyers may not want or have the funds for this type of service, therefore they need to be on the look out for potential problems which could occur with things like the heating, plumbing, joists, foundations and the roof to name a few.
Filed under News by on Nov 28th, 2011. 