Buying a home is a huge investment; you want to ensure you get the most out of your investment. The last thing you want is to discover serious issues with the property later on that will cost you a fortune to fix.
Knowing what to inspect before buying an older home can help avoid costly surprises. These are a few key things you should always check.
The Roof
The first thing you should inspect is the roof. An older home is more likely to have issues with the roof, and repairing or replacing a roof can be very expensive. Check for missing, damaged, or curling shingles, and make sure the gutters and downspouts are in good condition.
Roof replacements can cost upward of $10,000, so this is something you want to be aware of before buying an older home.
The Foundation
Another important thing to inspect is the foundation. Look for cracks in the foundation, and make sure the home is level. Major foundation issues can even damage other parts of your structure over time, leading to a higher repair bill later on.
Some issues to look for include:
- Cracks in the foundation
- Bowing or leaning walls
- Gaps around doors and windows
- Uneven floors
If you notice any of these issues, it’s important to have a professional determine the damage’s severity and estimate the repair costs. In some cases, repairing the foundation can cost as much as $10,000 or more.
The Plumbing
Older homes are also more likely to have issues with plumbing. Check for signs of leaks, and make sure all the fixtures are in working order. It’s wise to have a professional plumber inspect the home before you buy to assess any potential problems and estimate the repair costs.
There are many plumbing problems in older houses, and you want to avoid them if possible. Low water pressure, leaks, or other fixture issues can cost a lot to repair.
HVAC System
The HVAC system is another important thing to inspect. Check that the furnace and air conditioner are in working order, and ensure adequate insulation in the home. Good insulation will help keep heating and cooling costs down and can improve the comfort level of your home.
These are just a few things you should inspect before buying an older home. You can avoid costly surprises down the road by taking the time to do a thorough inspection. With a little due diligence, you can find the perfect home for your needs.
