Modern Updates Homebuyers Should Consider for Any House They Look At
When shopping for a home, you will need to consider many factors, including the home’s condition, location, and updates. You might fall in love with a home that is perfect for your family and be willing to make the necessary improvements. However, if you’re renovating everything, the costs can add up fast. While planning your renovation budget to see if you can afford a certain home, here are some common updates that you should check out before making a purchase offer.
Foundation and Basement
Inspect the home’s foundation to ensure it is in decent shape. Keep in mind that major foundation repairs can be costly. Ensure that the basement does not have major problems with flooding or mold. If the ground around the house shifts downward toward the foundation, those areas may need to be repaired as well. It is also a good idea to have a termite inspection in the basement and possibly other parts of the home. Any sort of infestation will also need to be addressed, adding to your repair costs.
HVAC
Older homes often need an HVAC update. The current HVAC system may be unreliable or needing frequent maintenance and repairs, which can quickly impact your utility budget. Ensure your home will be adequately heated and cooled in the months ahead instead of waiting for a total HVAC breakdown, which will add inconvenience and possible discomfort to the cost of a new system.
Air conditioning is something that many people take for granted, but not all homes have it. An AC system installation can do wonders for your family’s comfort in your new home, especially if you live in a warmer area. It’s a good idea to get this done during the fall or spring or before you move into the home.
Electric
Updating the home’s electric box is essential if it is out of date. This is a common issue you’ll see in older homes. Depending on the age of the home and the amount of damage it has suffered, you will need safe wiring and the possible installation of ground wires to operate your electrical appliances and devices. You might need to add more outlets to certain rooms to meet local or state requirements. While many home renovations can be fun DIY projects, this is one that should always be left to the professionals.
Plumbing
If a home still has the original plumbing or the plumbing is more than thirty years old, you will probably need to make some improvements by replacing old water lines with new ones. The hot water tank may likewise need to be replaced. Check the plumbing throughout the house for signs of leaks or drips that can cause water damage.
Roof
A quality roof can last decades, but if the roof has been damaged or if it is getting older, repairs will likely be needed. Torn or missing shingles, a broken chimney cap, and rusty downspouts can cause problems and safety issues. Get a professional inspection and a repair quote for an idea of how much the update will cost.
Almost any home you purchase will need some improvements. Check the property carefully before buying it to ensure you can afford to fix everything that may need work.