One of the best ways to get a good deal on a house purchase is buying an old house. Though property tends to increase in value as it ages, some sellers only want to get rid of a home since no one wants to live in it. They sell it for basic market value, happy to get rid of the house. As the new homeowner, it is not your task to make the place livable for you and your family. Here are some of the things you
Do an Inspection
Before doing anything, you need to go through the house and get an idea of what your home needs in terms of renovations. You can hire a home inspector to give your house a complete check. You can even go along so that you have an idea of what exactly your new home needs. This can range from proper electricity to insulation for your windows and walls.
Plus, they are a big help in detecting problems from the past. Old construction materials can sometimes be poisonous to new residents. Inspectors will try to determine whether asbestos is present, as well as lead. Both of these materials are highly dangerous. You will need to replace or remove them so that you can live without any health dangers.
Start With the Fundamentals
Your inspection gives you a list of what to focus on. But before that, you need to provide the essentials to your new home. This means water, electricity, and communications. Water can be difficult since pipes will need to be laid down or moved around. But it does give a good foundation for the other two systems.
Older homes that do not have an electrical system need lights and sockets installed. You will need to bring in an expert electrician in. Along the way, have them install the lines for the internet and the phone. With all the walls torn out, you should also put in some insulation before putting them back up.
Change the Floors and Walls
With the basics done, it is time to move on to the other important parts. The floors and walls of an old home may need changing. Some homes have great hardwood flooring, but if they do not look great, installing a replacement should be simple. It is easy to find laminate flooring in Orange County and other areas. The walls are simpler. Ensure that you have proper drywall and paint over it or place some great wallpaper.
Move to the Exterior
After doing the inside changes, you should also check the outside. Fix up the windows and walls to ensure that there are no cracks or leaks. The roof is also a big concern. But take note of the look of the house. For example, if it is in the Victorian style, try to keep with the theme.
An old house is a great investment. This is mostly because it usually has a low price and has that traditional look that many find attractive. As its owner, it is your job to ensure that it can still retain its atmosphere while you upgrade it to modern standards. The tips above should greatly help with that. Put some effort into it, and you can be sure that your home will be the envy of the neighborhood.