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[quote=Anonymous]I've owned 2 houses. The first was built in the late 80's and it needed most everything replaced within 10 years of purchase (roof, 2 zones of HVAC, flooring, deck, porch, some exterior work due to water/mold infiltration).

My 2nd was a 1910 rowhouse in DC. It's like a solid brick box, so not much can go wrong. There's radiator heating, and the home was retrofitted with AC at some point. The floors are solid wood as are the doors. The downside is you have to deal with ancient wiring, lead in pipes, paint and some other old-home specific issues like no closet space or places to put modern appliances like washer/dryers. That said, the overall cost to maintain the older home has been less, not factoring in optional renovations.

Hindsight is 20/20, so if I were a new homeowner, I think it would have been more affordable to choose the older home in decent condition, and save money for the optional renovations, rather than the newer home where we were constantly worrying about what was going to break next.[/quote]

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