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Reply to "Tell me about living in a historic (old) home "
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[quote=Anonymous][quote=Anonymous]This is OP, and I guess we still have to gauge what “updated” means - yes, new kitchen and bathrooms, but it looks like previous owners (flippers) put a lot of money into updating the property. If it’s more fully updated - and gosh I hope it is - should we still anticipate headaches/needing to provide costly updates ourselves? (I’m talking structural/foundational things like the foundation, electrical, plumbing etc - if these are all relatively new, can we trust that we’re generally in the clear? FWIW I never intended to own an old home but in our very limited inventory town, it’s either 100+ year old homes or new, ticky-tacky new builds. I would very much like to avoid the latter.)[/quote] Yes. I wouldn’t expect foundational issues. And if plumbing and electrical have been updated, why would you need to update them again? No house is ever in the clear, whether it’s 15 years old or 100. The 100 year old homes tend to have better bones but you don’t know what you’ll get for electrical and plumbing, if there has been lead remediation. But sounds like there has, in this case?[/quote]
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