What You Should Look For in an Older Property

By Judi Paré

The ability to date a property based on the materials it was built with could impact your renovation plans, long-term budgeting, and even your insurance policy.

This week John Brook and I are sharing our expert insights to find the hidden clues you could use to date a property.

Here are the key takeaways:

Why is it important to determine the age of a house? 

To identify any necessary replacements, completed updates, required updates, and any hazardous materials.

Materials in the home can identify its age:

     • Footings & Foundations: Earth stone or post in ground construction, padstones, stone foundations, rubble trench foundations, brick, poured concrete, concrete block.
     • Exterior Structure: Framing, roof, windows.
     • Floor Joists & Sub Floors: wood plans, plywood, chipboard, steel beams, I-joist.
     • Plumbing: Copper waste, galvanizes, cast iron, lead, plastic waste, Kitec.
     • Electrical: Knob & tube wiring, aluminum wiring, 3-pring ground wiring, copper wiring.
     • Insulation: Newsprint & paper, cellulose insulation, asbestos, vermiculite, R-values.
     • Interior Finishes: Lathe & plaster, drywall, paint.
     • Mechanical Systems: HVAC system.
Refer to the “Dating Your House Timeline” for a snapshot look that will help you determine the age of your house

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About the Author

Judi Paré
Keyspire Success Coach Judi Paré ’s first primary residence, more than 20 years ago, included an Income Suite. As a single parent for more than 15 years, she leveraged other people’s money and properties to advance herself financially by sandwich leasing. Her favourite strategies include Vacation Rentals, Rehabs, Underperforming Properties, and Flip to Yourself. 
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