6 Tips for Restoring an Old House without Going Bankrupt

If you’re the adventurous sort, then the idea of purchasing and restoring an old house should excite you. It’s the perfect opportunity to obtain a piece of history that’s been neglected by time. A lot of old houses that date back almost a hundred years now lie in ruin. You can update this relic and keep its legacy alive. It’ll be nice to live in a house that has a 100 year old story to tell. And since the house is in shambles you’ll get a good deal on it. Here are 6 tips to help you restore an old house. 

Identify the Repairs

                The first step to take here is to hire a contractor and identify the repairs. Separate the house in terms of its decadence. See what can be repaired and what needs to be torn down and rebuilt. Get an obligation free quote from your contractor for the restoration project and verify that by getting a second opinion. Get a third opinion if you must and if you’re still unclear about a few things. Separate the restoration costs on the basis of emergency. Decide what restorations need to be taken care of immediately and what can be left for the future.

Fix the Basics

                Like we just mentioned, there are certain restorations that need immediate attention, while there are others that can be delayed. Urgent repairs such as plumbing and electrical need to be taken care of, so that the house can become inhabitable. Once the house is fit for living, you can move in and continue the restoration project gradually. As long as the roof and stairs don’t collapse you can live inside the house, even if you don’t have a front porch. Restoration projects are expensive, so it’s best to take it slow.

Salvage What You Can

                Everything you find in an old house doesn’t necessarily have to be junk. Certain things can still be salvaged and used in your new home décor. All you need is a keen eye to separate the antiques from the junk. An old chest can still be used for storage, while you can fashion a picture frame out of an antique table. Find creative ways to reuse old things and you’ll save a ton of money in interior designing. It’ll be helpful if you possess a skill like woodworking, but if you don’t, you can still learn it. Use this restoration project as an opportunity to improve yourself.

Blend the Interior Design

                As aforementioned, there are old things lying around the house that can be used for your new home décor. This isn’t just an attempt at saving money; it’s also an attempt at saving the essence of the house. There’s no point in buying an old house and restoring it, if you restore it in a way that destroys its natural essence. A hundred year old house is a heritage and you should be careful not to destroy that heritage. Blend the sophistication and versatility of the new age interior design with the elegance of the old. You’ll be pleasantly surprised with the result.

Periodical Maintenance

                As your house is being gradually restored, it’s important to maintain it. Otherwise, you’ll find yourself taking a step back and repairing things that have already been repaired. This could end up costing you a lot of time and money. Hiring a plant & facilities maintenance service for periodical maintenance is the way to go. Ask them to conduct an inspection every few months to ensure everything is the way it’s supposed to be. A continued restoration project that’s been going on for months on end could damage parts of the house that have already been restored.

Restoration Insurance

                There’s a possibility that a natural calamity or some freak accident could halt your restoration project midway. Not only that, it could also cost you the fortune that you’ve already spent restoring the house. To avoid a predicament of this sort get restoration insurance. It’ll insure you against natural calamities and freak accidents and also protect the investment you’ve already put into the house.

                Restoring an old house is a slow and arduous process, but in the end it happens to be a rewarding experience. If you want such an experience, buy an old house and use these tips to restore it. It’ll be something you cherish for the rest of your life.

Author Bio

Nancy Baker, the author of this article, is a freelance blogger who is currently writing for Central Systems, a renowned company providing remedial construction services. She is passionate about cycling and is always looking to help amateur riders. You can also follow her on Twitter @Nancy Baker.