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Old 11-04-2014, 06:55 PM
 
2 posts, read 2,234 times
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Hi friends,
We have seen a house in the oaks we like. It's 30 yrs old . We r a first time buyer. Friends are advising us against buying as it may lead to maintainence issue. There has been no upgrade at all.
But edison is a great place especially north edison. It also has a basement.please suggest.
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Old 11-04-2014, 08:32 PM
 
3,657 posts, read 3,291,978 times
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Quote:
Originally Posted by Nirven View Post
Hi friends,
We have seen a house in the oaks we like. It's 30 yrs old . We r a first time buyer. Friends are advising us against buying as it may lead to maintainence issue. There has been no upgrade at all.
But edison is a great place especially north edison. It also has a basement.please suggest.
Spend a couple of hundred dollars and have the home inspected by a professional home inspector. You could also pay an architect to look at the home and give you an evaluation too.
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Old 11-05-2014, 02:30 PM
 
3,305 posts, read 3,873,441 times
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Definitely get a home inspection. At the very least they'll point out big issues, but if they're any good they'll get under the house to the attic and really lay it out for you.

Offhand, 30 year old houses aren't that old and hopefully this was built before quality dropped in the 90's as people tried to get houses up as soon as possible, but a roof typically has a 25 year guarantee. Any HVAC system will need replacement soon if not now. Windows might need to be looked at as well. If the homeowner was diligent and did their own maintenance or never ran the AC you might be in okay shape. But you never know until you get someone who's done this sort of thing before. Don't necessarily agree to all the stuff they want to do (for example, I doubt you'll need a yard scan for an oil tank), but the good ones won't even suggest it in the first place.

It's a few hundred dollars and a few hours of your time. Compared to buying a house that requires $20,000 worth of repairs right off the bat it's a pretty safe investment.
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Old 11-05-2014, 02:51 PM
 
Location: High Bridge, NJ
3,859 posts, read 9,985,278 times
Reputation: 3400
Quote:
Originally Posted by Nirven View Post
Hi friends,
We have seen a house in the oaks we like. It's 30 yrs old . We r a first time buyer. Friends are advising us against buying as it may lead to maintainence issue. There has been no upgrade at all.
But edison is a great place especially north edison. It also has a basement.please suggest.
These threads crack me up-a 30 year old house is practically new compared to most of the housing stock in NJ. FYI-brand new homes need maintenance too.
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Old 11-05-2014, 02:57 PM
 
357 posts, read 1,027,161 times
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Originally Posted by Badfish740 View Post
These threads crack me up-a 30 year old house is practically new compared to most of the housing stock in NJ. FYI-brand new homes need maintenance too.
This plus 1000000, lol, if you are worried about maintenance should be buying a home.
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Old 11-05-2014, 03:05 PM
 
264 posts, read 606,647 times
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Newer house does not mean lesser maintenance is needed. It all depends on the quality of construction. Sometimes older homes might have better bones, and all houses do need regular upkeep. Something to consider is how much you are willing to spend in terms of money and time in addition, once you purchase the home that has no upgrades. Home inspection is a must but besides that if you hate the styling etc then you have to be willing to spend on updates, including cosmetic.
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Old 11-05-2014, 03:06 PM
 
3,305 posts, read 3,873,441 times
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Originally Posted by Badfish740 View Post
These threads crack me up-a 30 year old house is practically new compared to most of the housing stock in NJ. FYI-brand new homes need maintenance too.
The way things are built these days I prefer the 90 year old house we have over anything new we looked at. Our walls might be plaster with no insulation but there's no danger of cheap Chinese drywall with mold.
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Old 11-05-2014, 03:41 PM
 
Location: High Bridge, NJ
3,859 posts, read 9,985,278 times
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Originally Posted by jaymoney View Post
The way things are built these days I prefer the 90 year old house we have over anything new we looked at. Our walls might be plaster with no insulation but there's no danger of cheap Chinese drywall with mold.
Just like anything else it's a tradeoff. Old houses are also horribly inefficient and hard to retrofit with modern insulation as you pointed out. Also Chinese drywall was an overblown concern mostly confined to new construction in Florida.
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Old 11-05-2014, 03:52 PM
 
19,142 posts, read 25,360,326 times
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Quote:
Originally Posted by Badfish740 View Post
Just like anything else it's a tradeoff. Old houses are also horribly inefficient and hard to retrofit with modern insulation as you pointed out. Also Chinese drywall was an overblown concern mostly confined to new construction in Florida.

...and some of those older houses are filled with black mold, asbestos, or other contaminants.

The bottom line is that generalizing about houses--just like generalizing about anything else--is likely to lead to incorrect conclusions. You can have a brand new house that is need of repairs, and you can have a 30+ year old house that is in excellent condition--even if it is in need of energy-conserving updates.

As was suggested, a top-to-bottom inspection by a qualified home inspector of your own choosing (DO NOT hire one suggested by the realtor!) is the way to go. You may have found a gem, or you may found a disaster, but only with a thorough inspection will you know the true story.

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Old 11-05-2014, 05:48 PM
 
1,041 posts, read 3,014,373 times
Reputation: 775
30 year old house old?

An old house is a home from the 20's, 30's, 40's
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