Older homes have plenty to offer. For starters, older homes tend to have what’s referred to as “good bones,” because they are usually built with solid materials. Added to that, they are full of character and oftentimes located in established neighbourhoods on larger plots. Yes, if you can find an older home on the market for a reasonable price, then it may well be worth the investment. What you save on the price, you can spend on fixing things up and turning this older home into your forever home. 

Before you sign on the dotted line, it’s important to realise that beneath all that charm can lie costly repairs, outdated systems, or other kinds of hidden damage. This isn’t to scare you off, but rather to urge you to put in a little extra diligence.  

If you’re considering buying an older house, here are the five most important issues to look out for. 

Structural Issues 

Structural issues typically include cracks in walls (especially near doors and windows), uneven floors or sagging ceilings, and signs of damp, mold, or leaks. We would say that in this instance, a professional inspection is essential for peace of mind, especially if the home is over 30 years old. Genuinely, don’t skip this step. While it could be viewed as expensive, maybe around R3,000, this kind of inspection could save you thousands upon thousands down the line. 

Roof And Gutters 

There’s something about the majestic charm of an old home – especially from the outside. It must have something do with the light, the breeze, and trees that are older than your grandparents. It’s quite common for the roofs on older homes to have damaged tiles, rusted sheeting, or wooden beams that are warped or infested with pests. Knowing this going in, means that you will be prepared to notice signs of previous leaks or patch jobs. Don’t forget to look at the gutters, making sure that they are intact and not blocked. 

Plumbing And Pipes 

Galvanised steel plumbing was common in homes built before the 1980s, and these pipes corrode from the inside out. Take a look at the water pressure, checking for leaks, and specifically ask if any upgrades have been done. Keep in mind that replacing pipes or an old geyser can be expensive, so take this into account when negotiating the price. 

Electrical Wiring 

The reality is that most electrical systems in older homes are not equipped for modern power usage. The telltale signs will be in the presence of old switchboards or fuse boxes, insufficient plug points, and non-compliant wiring or no certificate of compliance (CoC) 

The whole system may have to be upgraded – and if this is the case, it will have to be done before the home can legally be sold or renovated. 

Windows, Insulation, And Security 

Oh goodness, but these are costs that many buyers don’t see coming. Unfortunately, sellers have been known to put some fresh paint on window frames that are rotting or warping. Even if this isn’t the case, it can easily be overlooked. As can be the security features of these older homes. It’s best to take a look at the windows, the insulation, and the security features so that you can factor upgrades into your renovation budget. 

Feeling Informed? 

Character and charm are great – but don’t forget the wiring, plumbing, and structure. 

We trust that this information will help you as you navigate any future purchases. If you’re looking for more practical advice, budget-friendly ideas, and planning tools, like a free Property Valuation Report, then please take a few minutes to explore AA Inform.