As a 25 year Houston native I can tell you there are no homes in Houston with a basement. Houston is too close to sea level and very flat and 100% humidity is the norm, therefore nobody builds basements here. We have what we call a "Texas Basement", but you would probably call it a floored in attic.
I know of one exception: In River Oaks (the most expensive part of town full of multi-million dollar homes) they built up a huge foundation so they could add a bowling alley in the 3/4 above ground basement. It was owned by "Diamond Jim"/"Silver Dollar Jim" West Jr. back in the 1930's. He was an excentric oil man that used to throw silver Dollars to people when he went out. He had over 30 cars and is known for being a wild and crazy guy. If your curious to see how rich you have to be to build a basement in Houston you can follow this link to read more about him: http://www.pioneeroilproducers.com/IndustryAntecotes/Antecot
I wish you the best of luck Beverly! Happy house hunting!
I work with investors, and first time home buyers alike.
There are pro's and con's to purchasing any home, new or not!! The question is does it work for you and your family, is the location good for school, work, shopping, activities, etc.
Shifting foundation can happen on any home built in the Houston Area, our soil is Gumbo or clay and when we have a normal amount of rain fall it stays very moist but when we have a dry spell like this past year and if the foundation wasn't kept moist then you can have foundation problems, it's that simple. The age of the house has not much to do with the moisture around it.
Foundation repair is very common in our area and there are many repair companies that will give a life time warranty on those repairs, what I would suggest is making sure it's a company that has been around awhile and will continue to be around.
Having said that the age shouldn't be as much of a concern as the condition of the house. If it has been well cared for and works for you and your family what difference does the age make?
Have fun looking for your home!
My suggestion to you would be on purchase of any homes new or resale make sure you have inspection done
to satisfy your descision.
The purchase of home 20years or 30years is all depending on the location and price.
Some older homes are put together better than new ones, and materials used were better higher quality.
systems. All depends on the owner.
Concerning foundations, it is the seller's responsibility the have the foundation repaired if the inspection dictates. And as the Buyer you should receive a lifetime transferable warranty on that foundation.
Foundations are subject to problems all across southeast Texas because of the soil and thousands of small
fault lines. Owners can take prcautions against foundation settlement,but few do.
A home that was built in 1992 isn't really "old" by any standard. Also, in my opinion, the "age" of the foundation shouldn't really concern you when it comes to "shifting". I would be more concerned with the construction, drainage, what type of soil or "earth" the foundation was poured on, etc. Have a licensed home inspector or foundation/construction expert you trust check it out before you make a decision.
REALTORÂ® | Mortgage Broker
Keller Williams Realty | 360 Lending Group
Broker Associate, Paragon Real Estate Group CA DRE 01844627
All data from sources deemed reliable but subject to errors and omissions, and not warranted.