I went into the home inspection nervous about what we would find. The house was lacking in all possible “curb appeal,” which brought down the price to what we could afford, but was it structurally sound? The home inspector, an old guy nearing retirement, was almost universally positive. I pointed out areas of concern — plumbing? Fine. What about the siding, which looks terrible? That stuff lasts forever. Boiler? Practically new! (It is about 20 years old.) And the roof? Seems to be in good shape! This is a great house, he kept saying, you’re going to do well here.
Pleasantly surprised (and a bit confused), we addressed a few small inspection issues with the seller and obtained a closing credit towards some future repairs, and moved forward with the purchase.
After moving in we called in a respected contractor in the area that specializes in restoring old homes. The team of two brothers took us through the entire house, jumping on floors, poking and prodding, making lots of notes. They asked us what we wanted and what our ideas were, and took a copy of the inspection report. They came back with a proposal that was slightly jaw-dropping in price, but comprehensive. They found old knob-and-tube wiring which needed to be replaced, recommended upgrading to 200 amp service, pointed out problems with floor joists and old plumbing. They recommended re-siding with Cedar Impressions and replacing the windows with high quality Anderson 400s. They included pricing for a gut renovation of the kitchen (as we had discussed), moving a few walls, and relocating a bathroom. If we had the money, we would do it all.