Home Buying in Livingston>Question Details

Nnect2005@gm…, Home Buyer in

For a house built in 1940 in Livingston, is it too old to buy?

Asked by Nnect2005@gmail.com, Tue Mar 5, 2013

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No. Your personal preferences will determine which house is right for you, however, age alone should not be a litmus test. Of much more importance is the condition and functionality of the house, (how much upgrading and repair will it require now or in the near future?), its charm and appeal, and of course, the location and price. All these factors should be considered when making the decision on which home to buy. Good luck!
0 votes Thank Flag Link Tue Mar 5, 2013
Not at all is the house too old to buy.
Some of these older homes possess that "old charm" appeal and what matters is that you are attracted to the home.
If you may be leery about the overall condition of the property, then consider having a home inspection done.

Laquita Baez
Weichert Realtors
0 votes Thank Flag Link Tue Mar 5, 2013
A home built in 1940 is not too old to buy. The first home that I bought in West Caldwell was build in 1795. It had a lot of character that you just won't find in newer homes today. Older home however, do come with their challenges and their rewards. Having a vision and the ability to see past the age is crucial in purchasing an older home. We have many clients who have purchased older homes and the one thing the all felt was a great asset was having an experienced buyer agent. My husband Bob and I work as a team . Bob was a Builder for 25 years and is our Construction consultant. He has built new homes, remodeled homes and restored older homes. Although he no longer works in that field , his knowledge and experience is invaluable.
Good luck in in your search for a home. If you ever have a need feel free to contact us.
Remember, whether you are looking for an older or newer home, your best asset is a quality and experienced Realtor.
Sandra Bolcar
Broker Associate
516 Valley Road
Upper Montclair, NJ 07043
Direct: 973-744-7722
Office: 973-509-2222 Ext. 181
Fax: 973-509-7779
Cell: 201-247-5768
Certified e-Pro,SRES,SFR, ASP-Realtor
0 votes Thank Flag Link Tue Mar 5, 2013
HI !

Well, as you can see, there is a general consensus of opinion - we all agree!!!! - it is perfectly fine to buy a home built in the 40's (or 30's or 20's or earlier for that matter)!

You will have a home inspection and all the functioning and structural parts of the home will be checked out.
Systems can, and most likely, will have been updated over the years, and you might very well discover that the home built in the 40's is in better shape than one built in the 70's. (wish we could say the same about humans, too! hah)

In any event - if you have found a home you love, don't let the age stand in the way - do your due dilligence - get professioal advice from an inspector*........and move forward with the purchase.

*know that some inspectors are more familiar with older homes - those inspectors who routinely work in older towns like Short Hills, S. Orange and Montclair know exactly what to look for that might be unique to those more "mature" homes!

All the best!

Debbie Rose
Prudential NJ Properties

0 votes Thank Flag Link Tue Mar 5, 2013
Absolutely not. The age of the home is not a negative factor. Most of the older homes were better built than some of the newer ones. It all depends on how the house has been maintained over the years. If it has been updated and I don't mean does it have a nice looking bathroom or kitchen. And I say nice looking for a reason. Houses are like children. If you let them raise themselves they will fall apart.
0 votes Thank Flag Link Tue Mar 5, 2013
Not necessarily. The home buying process affords you the opportunity to have the property inspected by a professional who will help you determine the structural integrity of the building. Some new homes are built cheaply, some old ones seem like they can last forever. Such is life. Good luck! Jonathan
0 votes Thank Flag Link Tue Mar 5, 2013
In general older homes were better constructed than the homes today.
They also have a lot of Character and if restored correctly can have greater value than a brand new construction next door. Repair and restoration costs may be higher but worth it in the long run.
0 votes Thank Flag Link Tue Mar 5, 2013
Every house/situation is different. Some older homes have been updated to today's standards. Some have not. Are you willing to do some work? This area has a large number of older homes.

I'd be happy to help you through the process...

Lena Pesso
Weichert Realtors
Livingston Office
973 368-3801
0 votes Thank Flag Link Tue Mar 5, 2013
The earliest built year that I found is 1930.So for the houses with unknown built year, were they most likely built before 1930? Thank you!
0 votes Thank Flag Link Tue Mar 5, 2013
No, not at all! Essex County, NJ has a much older housing stock compared to most of the country and buying an older home is much more the norm than purchasing new or newer construction. I recently sold two homes both built in 1949 and the home inspections were excellent.
Best Regards
0 votes Thank Flag Link Tue Mar 5, 2013
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