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Real Estate
Reply to "How do teardowns work, and do they really 'work'?"
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[quote=Anonymous][quote=Anonymous] What sort of things? Won't you have a better chance of having to replace items on an older home and have major problem come up like water intrusion, basement issues etc... roofing. New home come with a 10 year warranty.[/quote] I"m skeptical as well. A lot of this stuff is dictated by building codes, which only improve over time. I own a 50's house (rental) and a teardown (circa 2007). The difference in the electrics and plumbing is marked, since the requirements now are much stricter. You even see it from a safety standpoint. The fresh air/venting requirements when the gas furnance was installed in the 50's house way back when are much more lenient (unsafe) than they are now. [/quote]
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