Tips in Buying and Restoring Old Houses

Posted by Staff Reporter (media@realtytoday.com) on Jan 18, 2016 05:30 AM EST
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The Chinese Luncheon Room at Buckingham Palace, London, circa 1910. The room is furnished in Chinese regency style with many furnishings taken from the Royal Pavilion in Brighton. (Photo : W. and D. Downey/Hulton Archive/Getty Images)

There is such an appeal that comes with old houses. The thought of being able to bring back an old house into its former glory or transforming it into a new abode is a dream for many. However, there are many considerations to be taken before one can pull off restoring a big old house. Thus, it is important to consider several factors before buying and restoring old vintage homes.

House Beautiful advises that it is important to check one's strengths and limitations when it comes to buying and restoring vintage houses. No matter how appealing vintage houses may seem, practical factors should be considered before jumping into the decision. Some old homes have a lot of things to be taken care of. If your budget is limited, you can put aside your plans in buying one for the meantime.

It is advisable to hire contractors with prior experience in home restoration. If you are working with a home from the early 1990s, plumbing and electrical work might be quite different from the one we have nowadays. It would be better to get professionals who know the old techniques in construction.

Sutton mentioned that it is also important to have the foundation of the structure checked prior to purchasing or renovating an old house. The foundations may have weakened throughout the years, and some areas of the home might actually be damaged or in poor condition. This renovation is quite extensive and expensive and would cost nothing less than $50,000, depending on the size of the home.

Electrical wiring, HVAC systems and plumbing are also important aspects that should be paid attention to when renovating and restoring old homes. Getting a qualified home inspector is necessary to carefully access the current conditions of these areas inside your vintage home. Lead paint and asbestos are also common in old houses. This should be carefully checked as well for the safety of the residents.

It is really mesmerizing to see an old home come back to life. However, several structural considerations should be accounted for to ensure that a homeowner is not only living in a beautiful home but a safe and sound structure as well.

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