There are some beautiful antique homes in our area, and these can be some of our favorites to help clients buy and sell. The unique charm of older homes can be just the character your family is looking for, and there is nothing cookie-cutter about these properties! They are often located in well-established neighborhoods with mature landscaping.
Older homes can have amazing character traits and historical features that most new homes simply do not have, like huge wood-burning fireplaces, beautiful wood trim and moldings, and ceilings with rustic wood beams that can be harder to find in newer, more modern homes.
There can be some challenges however, and we created this list to help prepare you if you’re thinking of purchasing an antique home. Be sure to consider the following:
Enlist the help of a top realtor like us who has decades of experience in this area. We know what red flags to look for, and how to negotiate on your behalf to get the best deal especially when it comes to replacement expenses.
Most older homes contain items that eventually need to be replaced. Some examples with considerable price tags may include roofing, furnace, water heater, decks, windows and fencing. It is important to find out the age of each of these items when you’re considering an older property. Structural issues, older plumbing and outdated electrical may also need to be addressed depending on the age of the home.
Antique homes in the northeast especially can require updated weatherstripping and insulation to ensure you’re not wasting money on an unnecessarily high energy bill. Speaking of bills, it can be more costly to insure an older home than a modern home so you may want to check with your homeowners insurance company.
Depending on the needs of your family, the floor plan in an older home might require some renovation and remodeling. Smaller rooms might need to be opened up to create a more open floor plan and additional bathrooms might be needed if you have a larger family or frequent houseguests.
You may want to find out if there are any historical societies or neighborhood restrictions on remodeling. Some older homes and neighborhoods have restrictions in terms of the type and style of remodeling that can be done.
Fortunately, our team loves antique homes and would be honored to help you find yours, even if it means resolving some of these issues! Reach out to us today.
