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Real Estate
Reply to "Buying an old house regret"
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[quote=Anonymous]I think OP is confused about the difference between the house structure and the appliances in the house. All appliances will break or become energy inefficient relative to newer models in several years. So anybody buying brand new construction today will need to repair or replace at least some of these appliances in their first 10 years of home ownership. The roof on any house, new or old, should last 15-20 years unless there was an installation screw up or something damages it. That's the reality whether you buy a 100-yr-old house with a brand new roof or a brand new house. The only way in which I think older houses present additional issues is with the electrical system. An outdated system will present more problems if it hasn't been updated. However, the 125-yr-old house I recently sold in DC had a "heavy up" done to it that included a new circuit box. The new owners of that very old house will have as much if not more capacity electrically than owners of a new build. They also got a roof we installed only about 4 years before the sale and it has a 25-yr warranty. I installed the dishwasher less than a year before putting it on the market. Same with the microwave over the range. [/quote]
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