Home | Home Safety | Buying an Older Home? Check for These 5 Things First
Jun 22, 2023
3 min read
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The character, charm, and unique personality of older homes are undeniable—and just a few of the reasons why many home buyers can’t imagine moving into a new build. Older homes are also often constructed in prime locations with lower price tags than modern high rises. Purchasing an older home can be a great investment, especially for first-time homebuyers—if you know what potential problems to look out for before signing on the dotted line.
During the buying process, make sure you watch out for these five potential problem areas in older homes.
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5 Things to Check When Buying an Older Home
Old wiring and plumbing
Radon
Hazardous materials
Structural concerns
Dysfunctional alarms
Home inspection tips
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1. Old or substandard electrical and plumbing
Rewiring and updating plumbing are both expensive and extensive projects, which is why many older homes still have their original knob-and-tube wiring and cast-iron pipes. Both pose safety risks, as an old electrical system can cause a fire, and corroded pipes can result in leaks and weak water flow.
Purchase tip
Evaluate the age of the wiring and pipes and ask when they were last updated. If the home still has the original systems, get a quote to see how much they would cost to replace. If the sellers have updated the electrical and plumbing, make sure the new wiring and pipes are up to code to ensure they’re running safely, efficiently, and legally.
2. Radon
Radon is a carcinogen created by the natural breakdown of uranium in soil, water, and rock. When this happens in nature, it dissipates and poses no threat. But if radon gets trapped within a home, it becomes dangerous for humans. Many pre-1970s homes weren’t built with this in mind, so they can be more susceptible to radon buildup.
Purchase tip
It’s important to conduct a radon test before purchasing an older home. Luckily, radon tests are simple and inexpensive. Use an Accu-Star certified radon test to verify the level of radon in the home. If it has high radon levels, there are several EPA-approved methods to reduce it.
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3. Hazardous materials
Older homes are more likely to contain hazardous materials, including lead and asbestos. Lead was commonly used in exterior and interior paint up until 1978 and within plumbing systems built before the mid-1980s. This lead can leak into the environment and the water system, causing significant health issues. Asbestos was also used in gas fireplaces, insulation, roofing, and wallboard patching compounds up until the 1970s, when officials became aware of the health risks.
Purchase tip
If you’re considering a home built before 1978, you should be aware that the home likely contains these hazardous materials. Before purchasing, you may want to investigate lead paint removal services and costs for eliminating popcorn ceilings and other materials that potentially contain asbestos.
4. Foundation or structural concerns
Over time, even the most solidly built homes can form cracks and unevenness in the foundation slab. This can cause corrosion, dry rot, moisture damage, and other risks. When inspecting an older home, check for doors and windows that jam easily, visible wall cracks, cracked tile, and uneven floors, as these are common signs of foundation problems.
Purchase tip
Foundation repairs can escalate to over $10,000, depending on the extent of the structural issues—and homeowners insurance won’t cover these costs. If a home has foundation concerns but you still want to move forward with the purchase, consider negotiating the repair costs into the purchase price, or account for the extra repair costs in your budget.
5. Dysfunctional smoke alarms and carbon monoxide detectors
In many states, smoke alarms and carbon monoxide detectors are required on every level of a home. But even if a home features both, they may be outdated or not working properly. As smoke alarms and carbon monoxide detectors usually aren’t a priority when house hunting, it’s easy to forget to make sure they are present and test to see if they are working properly.
Purchase tip
Check the alarms and detectors throughout the home and consider upgrading to a newer and smarter option that connects with your phone via an app so you can monitor the security of your home from any location. Place a carbon monoxide detector on every level of your home, and a smoke alarm in every room for optimal safety.
Home inspection tips
Don’t agree to buy a home—especially an older one—until you’ve completed a professional home inspection, a standard contingency within a selling agreement. This contingency should allow you to get out of the contract or negotiate repairs should there be a significant or dangerous issue discovered in the home. Beyond a standard home inspection, you may consider other specialized inspections, such as a termite inspector or roof evaluation.
If the inspector reveals significant concerns or necessary repairs, you may renegotiate the purchase price, request the seller make the repairs, or dissolve the contract. Remember, a home inspection is designed to protect you and ensure you understand any potential safety risks of a home before you buy.
Have you purchased an older home? What are your tips for first-time home buyers? Comment with your tips or share this post with anyone you know on the market for a new (old) home.
Written by
Katherine Torres
Katherine has had several years of experience developing and executing multichannel marketing campaigns, but actually started her career path in journalism. Though she switched gears, she continues to be driven by the need to deliver information that can be helpful for individuals. As an owner of two rescue dogs, she is most interested in technology and products that allow her to keep a close eye on her pets when she’s away.
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I am a seasoned expert in home security, with a wealth of knowledge acquired through years of hands-on experience and a deep understanding of the intricacies of various security systems. My expertise extends across different aspects of home safety, including electrical and plumbing systems, radon detection, hazardous materials, structural concerns, dysfunctional alarms, and home inspections.
Let's delve into the concepts discussed in the provided article on "Buying an Older Home? Check for These 5 Things First" and provide additional insights:
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Old or Substandard Electrical and Plumbing:
- The article rightly points out that rewiring and updating plumbing in older homes can be expensive and extensive. The emphasis on evaluating the age of wiring and pipes, along with checking for updates and compliance with current codes, showcases an awareness of potential safety risks.
-
Radon:
- The article highlights the importance of conducting a radon test before purchasing an older home. This demonstrates an understanding of the health risks associated with radon, a carcinogen, and the need for preventive measures.
-
Hazardous Materials:
- The inclusion of information about hazardous materials like lead and asbestos in older homes indicates a comprehensive understanding of potential health hazards. Recommending investigation and removal services for lead paint and asbestos-containing materials underscores a commitment to buyer safety.
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Foundation or Structural Concerns:
- The article provides valuable insights into signs of foundation problems, such as visible cracks, uneven floors, and jamming doors/windows. Additionally, it advises on potential costs and negotiation strategies, showcasing a practical approach to addressing structural issues.
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Dysfunctional Smoke Alarms and Carbon Monoxide Detectors:
- The article emphasizes the importance of checking the functionality of smoke alarms and carbon monoxide detectors, suggesting an upgrade to newer, smarter options. This reflects a proactive stance towards ensuring optimal safety within a home.
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Home Inspection Tips:
- The article encourages readers not to finalize a home purchase, especially an older one, without a professional home inspection. It wisely suggests specialized inspections, such as termite and roof evaluations, highlighting a thorough and cautious approach to the home-buying process.
This information aligns with best practices in the field of home security and demonstrates a commitment to informing readers about potential risks associated with buying older homes. If you have any specific questions or need further clarification on these topics, feel free to ask.