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Updated about 5 years ago on . Most recent reply

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Tyler D.
99
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219
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Things to watch out for with older houses?

Tyler D.
Posted

I own a rental property that was built in the early 1900s, and am wondering if there is anything to be concerned about. Preferrably I'd like to hold it forever, but I'm unsure if there are any issues that may crop up after a certain number of years. The bones are good, currently, and I'm hoping to hold it for 30+ years. Is this viable or is there anything I should be concerned about?

Most Popular Reply

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1,093
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Mark H. Porter
  • Investor
  • SC NC, VA
755
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1,093
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Mark H. Porter
  • Investor
  • SC NC, VA
Replied

 - Knob and tube wiring, screw-in fuses, low amperage feed to building

 - The historical designation prohibits freedom to renovate with modern materials

- unlined chimneys

- egress does not meet modern code (e.g. window opening size, 2nd egress from bedrooms)

- cast iron internal waste or water feed lines

- outlets are out of code (GFI for washers, over counters, in washrooms)

- hardwired, interconnected fire alarms may now be required

- old underground utilities or oil tanks that are not known

- dry rot in floors from old water leaks

- trees have deep roots that entangle waste lines

- nothing, absolutely nothing, is plumb anymore.  Expect nothing to fit nicely (replacement windows, kitchen cabinets) 

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