Old houses have character, no doubt. But once you start thinking about drafty windows, outdated wiring, and mystery leaks, you might start second-guessing their appeal. So let’s get into it: is buying a really old house worth the hassle, or are you setting yourself up for nonstop repairs?

Here’s what you need to consider before making the leap.

1. What Kind of Condition Is the House Actually In?

Age alone doesn’t tell the whole story. The real question is: how well has the home been maintained or updated over the years?

Some old homes have newer roofs, upgraded plumbing, and updated electrical, while others haven’t been touched in decades. The key is to always look beyond the surface. A fresh coat of paint can hide serious structural issues underneath, so don’t get distracted by cosmetic touches.

Tip: Get a thorough inspection from someone who specializes in older homes. And as tempting as it may be, don’t skip this part—it can save you thousands.

2. Are You Ready (Financially and Mentally) for Repairs?

Old homes often come with old house problems, meaning repairs and updates are almost inevitable. From foundational fixes to outdated wiring, the costs and inconveniences can add up fast.

So, before putting in an offer, ask yourself:

• Do I have a renovation budget on top of the purchase price?
• Am I okay living in a work-in-progress?
• What’s my tolerance for surprise repairs?

If the answer is no across the board, buying a really old house might not be the right fit—at least not right now.

3. How Much of the Work Can You Actually Take On?

If the old house you have your eye on is clearly a fixer-upper, be honest about your skills and schedule. Sure, DIY can save money, but it’s not always realistic, especially when dealing with outdated systems or structural issues.

And if you’re hiring contractors? You can pretty much expect long timelines and higher costs for anything involving plumbing, electrical, or asbestos remediation. If you’re not up for managing all that, it may be better to look for something less intensive.

4. Do You Value Character Over Convenience?

Old homes often come with unique layouts, historic details, and one-of-a-kind charm. But they may also lack closets, open floor plans, or modern energy efficiency.

So, you need to think about your priorities. Do you love historic charm enough to live with quirks? Or would modern convenience win out in the long run?

Don’t worry, there’s no right answer here. It just depends on what matters most to you.

5. What’s the Long-Term Plan for the Property?

Buying a really old house can be a good investment if you have a long-term plan. That might mean restoring it slowly over time or turning it into a rental down the road.

However, if you’re only planning to stay a few years, the upfront work and cost might not be worth it. Appreciation can take time, especially in homes that need major renovations first.

Is Buying a Really Old House Worth It?

Whether or not you should opt for that old house really depends on your goals, budget, and tolerance for surprises. For the right buyer, an old home can be a meaningful investment—something with soul, history, and long-term value. But it’s not for everyone, and that’s okay.

When making your decision, take your time. Ask questions. And make sure you’ve got the right team on your side.

Hawkins Real Estate Group can help you find a home that fits both your lifestyle and your comfort zone, whether that’s a charming century-old fixer or something that’s move-in ready. Contact us today, and we’ll help you weigh the tradeoffs and land on a decision that actually works for you.