Older Las Vegas homes evoke a sense of charm and hospitality that is alluring to many home buyers. For many, the history and charisma of an old home simply can’t be matched in a new home.
If an older Las Vegas home is in your sights, then you’ll need to address a variety of issues that are often unique to older homes.
Upkeep and Maintenance
Maintaining an older home can cost quite a bit of money, and can put a dent in any budget. Before purchasing an older Las Vegas home, get an extensive home inspection from a qualified home inspector that has a background in older homes.
Some of the areas of concern among older homes include the electrical, the heating and cooling, the plumbing, the windows and the roof. A home inspector, along with the homeowners, can give you a good idea of how old these features are, and what kind of shape they are in.
Energy Costs
Many older homes, due to older windows and less insulation, are far less energy efficient than newer homes. It is therefore important to get an idea of either the money needed to make the home more energy efficient or the money needed to pay for year-round heating and cooling bills.
Asbestos and Lead Paint
Many older homes, particularly those built before 1978, have lead paint or asbestos insulation. A qualified home inspector will be able to identify these hazardous chemicals, and also give you a general idea of how much it will cost you to eliminate these toxins from the home.
Many of the above mentioned issues can be sorted through during the negotiation process, and many may rest in your lap.
The most important thing you can do before you purchase an older Las Vegas home is to get it checked from top to bottom so that you can remain informed about any and all improvements or updates needed to make it safe, comfortable and energy efficient.
Provided by the writing team of Richard Soto. Richard specializes in the Fort Worth real estate market. View Houston Condos and Dallas Condos.
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I love old homes but they are not without their caveats. Thanks for sharing! As an EcoBroker and a person who has owned and retrofitted an older home I know from experience. I had a blower door test done and caulked the outside of the shiplap.
I agree that one can not usually get the same charm from newer homes, homes from the 1940′s and 1950′s have a classical appeal to many, its the upkeep or restructuring and renovations that become too costly for many.