She Strengthens

The Hidden Costs of Old Home Ownership

When my husband and I stumbled upon a charming 1920s yellow house, we were smitten. The hardwood floors, vibrant walls, and rich history won us over. Little did we know, owning an old home would come with its fair share of surprises.

Unforeseen Expenses

Two and a half years into homeownership, we’ve encountered a few unexpected costs. While living in an old house has its perks, it’s essential to be prepared for the following expenses:

Hot Water Heater Replacement

Our hot water heater gave up just two months after moving in. We quickly learned about capacity, energy efficiency, and the importance of comparison shopping. With digital coupons and free delivery, we managed to save on the replacement cost of $600.

Roof and Chimney Repairs

Old homes often come with roofing issues. In our case, the chimney was in disrepair, with bricks starting to fall out of place. We opted for professional repair, which came with a hefty price tag of $2,200. However, knowing our house is no longer at risk of falling apart during storms is priceless.

Window Replacement

Our beautiful wooden windows let in drafts and noise from the outside world. We replaced them with stronger vinyl ones, which has made a significant difference in our comfort level. With the help of my husband’s father, who works in the window industry, we were able to save on installation costs.

Basement Flooding

Our basement has had five drains installed, but during heavy rainstorms, water backs up into the house. We received a quote of $3,700 for a backflow prevention valve, but my husband’s research led us to a more affordable solution – a standpipe backflow preventer – for just $100.

Adding a Bathroom

Our home’s single bathroom on the second floor has become a challenge. We’re currently exploring options to add a half-bath, which will increase the sale price if we decide to move. The cost of this renovation will depend on the scope of the project, but it’s clear that making informed decisions will be crucial.

Lessons Learned

Owning an old home has taught me the importance of being handy and resourceful. While I didn’t take advantage of DIY opportunities in my youth, I’ve come to appreciate the value of learning new skills. Good home repairs may require a significant investment, but they’re worth every penny. As I continue to navigate the ups and downs of old home ownership, I’m grateful for the lessons learned and the memories made along the way.