the big problems you have with these homes nowadays:"
1. Electricity
2. Plumbing (probably rotted cast iron)
3. Bugs (the kind that eat wood)
4. Iffy foundation (hopefully its fine, I'm sure your basement is a mess unless it was renovated)
5. Sometimes expensive roof issues, especially if you want to go with historical slate roofing
6. Bad weatherproofing (especially if you want to keep the historical integrity of the windows, etc.)
Yes, these old houses can be money pits. I paid 145K so I could afford to do some work.
1. Electricity
It's on circuit breakers - no problem yet.
2. Plumbing (probably rotted cast iron)
Minor problems with the plumbing upstairs. Toilet upstairs tends to plug.
3. Bugs (the kind that eat wood)
Some rot around the windows we repaired.
4. Iffy foundation (hopefully its fine, I'm sure your basement is a mess unless it was renovated)
Stone foundation that about 16" thick, I believe. With heavy rains, get some water in utility room. Basement is finished and we use it as living space.
5. Sometimes expensive roof issues, especially if you want to go with historical slate roofing,
Roof is about 5 yrs old. Some sagging.
6. Bad weatherproofing (especially if you want to keep the historical integrity of the windows, etc.
Origiginal windows but the house is good on energy. Bill for water, gas, and electricity for 4 people was $225/month last year.