Tips For Buying & Renovating An Old House

6/09/2017

Many people look for "fixer-uppers" when they buy a new house hoping that they can save some money on the buying price, as well as have the chance to turn that house into a home that has elements they want. Our mid-Missouri renovation company is well-versed in turning an older home into something new and wonderful. In today's blog, Midwest Renovation has included a few things to keep in mind when you buy a home to renovate, as well as some tips on where to get started.  


Know the home's build date.
The date that a house was originally built can clue you in to a few problems to look for. Homes built before 1978 run the risk of containing lead in the paint and maybe even the pipes. Asbestos was used to insulate many buildings until the mid-1970's, and is definitely something that should not be present in a home. Ask details about any and all renovations done to the structure since it was built. Hopefully, some of those problems have already been taken care of.

Another benefit to knowing how long ago the house was built is knowing whether or not some building codes were around back then. Anything built before a requirement became standard may be missing that important feature. In some cases, materials that were used are no longer available. Instead of matching what is already there, you will have to completely redo it.  

Recognize the signs of damage. 
Time takes its toll on everything, even the most well-built structures. Damage is bound to be present in any house you buy, and knowing how to recognize certain types of damage can help you to know what type of repairs you are in store for. Damaged wood that crumbles easily, bubbling or peeling paint, floors that buckle or sag, and wood that sounds hollow are all signs of possible termite damage. 

Mold and mildew, unpleasant or stale odors, stains on the walls and ceiling, peeling paint, and sagging walls and ceilings could mean that water is leaking into the house somewhere. If doors and windows are jammed or there are hairline fractures present in walls, these could be indications that there are foundation problems. Knowing what type of damage you will be needing to fix tells you how much extra money the renovation may cost. 

Start with practical fixes.
If you aren't willing or able to sink a lot of money into your new purchase all at once, it's okay to take it slow and tackle one renovation at a time. As tempting as it may be to make the inside of the house look pretty first, it's wise to start with practical, structural fixes that will prevent additional damage to the house in the future.  

A solid roof over your head is very important. This will make sure that water and other elements stay out of your structure and don't cause additional damage that will mean more repairs later. The foundation needs to be sound to hold everything up. New doors and windows will also help to keep the entire building watertight and energy efficient. 

Think about resale value.
Once you get the house safe and sound in all areas, that's when you can turn your attention toward the more fun updates, like a kitchen or bathroom remodel, or adding an extra room or two. Even if you plan to live out the rest of your life in this home, you never know what the future will bring. Renovate rooms that will add value to your home if you do end up selling it at some point in the future. Even if you don't, you'll still benefit from getting to live amidst those awesome updates. 


Call Midwest Renovation
Now that you know a few things to look for and keep in mind when you buy a house to fix up, you should know that our renovation company servicing all of Missouri staffs the people you can trust to make those home renovations for you. We have over 100 years of combined construction industry experience under our belts, and we always oversee all of our projects with prompt professionalism, keeping overall project costs as low as possible. 

Midwest Renovation offers free, no obligation inspections, so we can find all of the possible problems with a house and let you know what it will take to fix it. Every job begins with a detailed cost breakdown or itemized estimate and ends with a final walk-through inspection prior to final payment. All of that is backed by a 5-year installation warranty. Our customers are important to us, and we do everything in our power to make sure your home is safe and secure for your entire family for many years to come.  


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