Things to look out for when buying an older home
I always love when I have a client interested in an older neighborhood like Fairmount, Ryan Place or Arlington Heights (to name a few) – I know I’m in for a fun adventure! It’s no secret why people are drawn to these areas. You’re in walking distance to some of Fort Worth’s greatest restaurants, bars, coffee shops and retail, not to mention the character and beautiful detail found in the older homes that make up these neighborhoods.
But what exactly are you getting into when buying an older home? I reached out to my trusted inspectors and foundation experts to compile a list of a few things to look for or think about when considering this investment:
- Heavy wood rot may be found on some of the wood trim and siding. Sometimes painters are really good at hiding the problem areas by using a bondo or sealer. Replacing the wood is the only sure repair; otherwise you run the risk of further deterioration.
- It’s a good idea to add new windows, insulation and weather stripping to help with energy efficiency in older homes. However, this can cause the home to not “breathe,” or cycle through fresh air. Ensure that the appliances are vented properly and have fresh air supply vents to avoid potential carbon monoxide situations.
- The most common concern I see with buyers is the foundation of these homes. It’s important to keep in mind that most homes in the area have had foundation work done or will need it at some point. It isn’t necessarily something to be afraid of, but there are a couple of things to look for when you walk through the home. Check doors to ensure they open and close as they should and also look for any curved cracks in the walls. If you see one or both it may be a good idea to have the foundation further evaluated by an expert.
Of course, it is highly recommended to have any home you are considering thoroughly inspected by a professional.. I hope these 3 tips will help you navigate through the initial process. Buying an older home in one these established neighborhoods can be a great investment and wonderful place to call home!
Contact Heather Teems at 817-929-9025, heather@leaguere.com.
Here’s an updated list of homes for sale in the Fairmount, Ryan Place and Arlington Heights Neighborhoods Fort Worth.
Fairmount Fort Worth
Ryan Place
Arlington Heights