7 Dangers of Buying an Old House in Victoria, BC

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7 Dangers of Buying an Old House in Victoria, BC

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Ira Willey - Victoria Realtor

Күн бұрын

Пікірлер: 46

@IraWilley 6 ай бұрын

Did I miss anything to watch out for in an old house? Let me know

@huskavarnaband Ай бұрын

Ya, like $500,000 in repairs

@BillyCarsley Ай бұрын

50k for a perimeter drain sounds like I found a new career

@alicesamuels3937 13 күн бұрын

That’s nonsense . I had mine done at my 1908 house for under 10.

@RavenPainting Ай бұрын

Lead paint is also a serious concern on homes older than 1978.

@jimvautour595 6 ай бұрын

Ira, thanks for this, you're a star when it comes to assisting buyers & sellers.

@IraWilley 6 ай бұрын

Thank you for the kind words!

@davidsanderson6044 3 ай бұрын

Anything pre 1980 in Canada has potential for asbestos materials. That could be insulation, floor tile and adhesive, pipe wrapping and especially drywall mud and ceiling stipple.

@stevelopez372 2 ай бұрын

Same in the US. Wasn’t outlawed till about 1979.

@jesterer Ай бұрын

50’s stucco is much different than the acrylic stucco you are talking about in Vancouver. Really no comparison.

@Diesel735 6 ай бұрын

Good information! Unfortunately some (retired) residence in my area with no mortgage have had their insurance cancelled due to older house issues they can not afford to repair. The homes are well built and close to all amenities. They don't want to live in a 'bee hive.'

@IraWilley 6 ай бұрын

I bet if everyone in an old home in Victoria had to apply again for insurance from scratch most would not be insurable without major work. Just like how most homeowners probably can't qualify for their mortgages.

@samuelc.5063 6 ай бұрын

We agreed with Diesel735. That is why some older relatives and friends of ours decided NOT to sell their homes ! They don't want to spend all their energy, time and money to fix up their 30 to 50 year old houses and then sell it to someone else to enjoy. They might as well stay and forget about buying a newer home. Great for Renovation companies, but bad for the 1,600 + realtors in Victoria.

@ryananderson5202 4 ай бұрын

They want your house for aboriginals and immigrants.

@houseoffolly 3 ай бұрын

Here is my list for new homes built since the 70's. Built with wafer and chipboard. Any moisture and they will rot to mush. And there will be moisture . A roofing contractor told me that every house will need the waferboard sheathing replace when putting a new roof on. Lots of toxic fumes off those products too. Subpar concrete in the foundation and driveway that may meet code but the code has a low barrier these days .Watch for cracks in them. Structural lumber is garbage too. Watch your walls and ceiling get bulges and crack and nails pop out. Lots of them built on covered up landfills or toxic waste disposal sites and the good lots were built n a long time ago. And the contractors are incompetent and overpriced these days , looking to cut corners. Using nails too small or not galvanize when they should be or cheap Chinese ones that look good but are made from inferior metal. I could go on and on but I will never buy a house newer than the 60's.

@alicesamuels3937 13 күн бұрын

I totally agree . My circa 1908 house has real wood and lathe and plaster walls . Still have the original wood floors, wow are those strips long ! You don’t see that anymore . The beams in the basement are solid and huge . It has withstood a 7.5 earthquake , in 1928 I think. It’s solid . Never would I but a house built today ! My father built houses and I know what I’m looking at … cheap everything structural , and expensive countertops . If you’re lucky you’ll get cork flooring, if not it’s totally fake …. Anything after the 70s is real crap.

@alicesamuels3937 13 күн бұрын

You are absolutely right . The standards and workmanship today are abominable. You do not get what you pay for .

@rickvug Ай бұрын

Great points but perhaps overstated. I’m in a 100 year old home with knob and tube, albeit with a newer upgraded panel. BCAA was able to insure it after an additional safety certification. Knob and tube, in and of itself, is ok. It is the potential deterioration, exposed wiring and bad updates that are the real issue.

@PNW_Sportbike_Life Ай бұрын

No, it’s the knob and tube lol

@rickvug Ай бұрын

@@PNW_Sportbike_Life Explain why. It is copper, just like the NM wire used today. If the sheathing is good and there aren't any modifications it isn't a safety issue. Use a new panel and breaker, put a GFI plug on the circuit, and don't overload it.

@Grev333 Ай бұрын

K&T doesn't have a bond conductor. Installing GFCIs receptacles only partially mitigates this. GFCI breakers or dead fronts would be a better solution. In either case, counting on a GFCI to protect bad wiring isn't as safe as having good wiring.

@alicesamuels3937 13 күн бұрын

My house was built in 1908. In 1946 there was a 7.3 earthquake in Victoria . No damage at all. I wonder how those flimsy particle board and plastic new builds would hold up to a quake. Especially the ones built on sand on the way to Metchosen. That whole development makes me shudder …

@adad1270 Ай бұрын

Many thx, Mr. Willey. You have certainly opened my eyes. I am not in the market to buy, but i'm now, thx to your video, much more informed about the pitfalls of older - even if charming! - homes. I've gained a new respect for all the regulations that, at first appearance, have seemed to be simply burdensome. Your video should be compulsory viewing for home buyers. Well done!

@zebbossi7847 Ай бұрын

Great video. We purchased a 1955 home here in Victoria 2 years ago. Performed all upgrades specified in this video, with the exception of the roof; that will come next year.

@canadians1982 6 ай бұрын

the outside light is mounted upside down, what a bad first impression

@IraWilley 6 ай бұрын

Good catch!

@alicesamuels3937 13 күн бұрын

lol ! Maybe that’s how they like it .

@planesandbikes7353 24 күн бұрын

Maybe not right in Victoria but in neighbouring regions there is the the risk of archeological requirements. I looked at a waterfront home needing the septic field redone. The owner had quote from 8 years ago for 30k to re-do it all, which is trivial on a 1.4M home, but the area had an archeology covenant placed on it out of the blue - so anyone wanting to just fix the septic would have to endure years of an archeological dig and up to $200k just to look for some refuse left by humans a few hundred years ago.

@Bufford2024 6 ай бұрын

Mold, then there is mold, and after that, there is mold.

@IraWilley 6 ай бұрын

Spoiler Alert. I have a fridge that beeps when it detects mold.

@Bufford2024 6 ай бұрын

@IraWilley There is no mold alerts for leaky basements, attics, and walls. It is the wet coast afterall , but yes .... your fridge will be fine.

@BillyCarsley Ай бұрын

You misspelled foundation problems

@Bufford2024 Ай бұрын

@@BillyCarsley I hate it when my grade three grammar teacher stalks me.Yikkes.

@BillyCarsley Ай бұрын

@@Bufford2024 looool.

@WowRixter Ай бұрын

That lamp at the door is upside down

@colehenderson8549 5 ай бұрын

On the home insurance is there an issue now about how close the property is to woodland due to the BC wildfires? And insurance prices seem to be going up and up in the last two or three years.

@ianmclaughlin8987 Ай бұрын

Damage from rats breaking into crawl spaces, attics and walls, sheds and the like. Rats are epic in Victoria B.C as the climate is mild and they thrive here. Yet another problem homeowners have in Victoria, but older the homes, the chances at some point, rats breached the premises and causes damage.

@alicesamuels3937 13 күн бұрын

We have 2 cats living with us. They are the best of employees . Occasionally they will bring me one ….

@ianmclaughlin8987 13 күн бұрын

@@alicesamuels3937 Yes, they sure are good at their trade, mine is out most of the night hunting them and brings them home now and then to show off or tell me of his hunt.