✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in commission, compliance and litigation risks have significantly increased for sellers throughout the nation. Learn how NAR’s settlement affects home sellers.
41% of homebuyers prefer newly built homes. Therefore, it’s no surprise that older homes tend to take longer to sell than new homes. You also won’t be able to negotiate your price, making it difficult to sell your home.
As of December 2023, mortgage rates have reduced, signaling a slow but gradual increase in the number of buyers in the market. So, If you want to sell your old home, now is the time.
You can even increase your profits by eliminating the listing agent commission with a flat fee company like Houzeo. Its affordable packages can help you save thousands in commission.
7 Ways to Find Out How Old Your House Is
The architectural design of your home is a good indicator of the year it was built. Here are some other ways to understand how old your home is:
1. Check Your Home Deed
Read your ownership documents for a home inspection report. The report will give you detailed information about the property.
If this report is not available then you can approach your local recorder’s office and ask for a copy.
2. Visit Your County’s Assessor’s Office
The county clerk’s office has deed records, tract files, and grantor-grantee records that can shed light on a home’s history.
Aside from the previous owners’ names and home purchase dates, these documents include possible lawsuits or liens filed against the property.
3. Search on Real Estate Websites
Real estate websites like Houzeo, Zillow, and Realtor.com give you property information sourced from public records. This includes the year the house was built year and other property descriptions.
If the information provided doesn’t satisfy your curiosity, visit the sourced link for more details. You can also confirm with the official agencies.
4. Visit Your Local Library
The local history sections of many libraries hold historical maps, original building plans, and even old photographs. You can find out the building year or the history of your property through these resources. You can also check out the real estate listings in newspapers around the time you believe your house was built.
Additionally, the census records of your area can give you information about the previous owner. You can find out their occupations and the number of residents who lived in the house at the beginning of each decade.
5. Talk to Your Neighbor
Homes in suburban neighborhoods are often built around the same time. So, if your neighbor’s house resembles yours, they’re likely the same age.
However, relying on neighbors for an age estimate may not be ideal in older neighborhoods, where houses from various decades coexist. For a more precise assessment, focus on nearby homes with similar architectural styles and features.
6. Invest in a Paid Service
Paid websites such as CheckPeople.com and NeighborWho.com can help you find information about your home. They have a 5-day trial period post which they charge you a nominal fee.
If money is your concern, you can check FamilySearch.org. It is a free website with access to historical data for properties.
7. Talk to Your Real Estate Agent
Consult your real estate professionals to determine the property’s age. They can access the local MLS and give you detailed information about your property. They can also guide you on the relevant government agencies you can visit for information.
What Are the Benefits of Knowing the Age of Your House?
Knowing the age of your home will help you make informed decisions about maintenance, safety, insurance, financing, and future upkeep. It also provides historical context and appreciation for your home’s legacy.
You also learn about construction methods, potential hazards, and overall conditions. This information can help you anticipate potential problems and plan for future expenses.
Does the Age of a House Affect Its Resale Value?
Yes, the age of a home can affect its resale value. In general, newer homes tend to sell for more due to several factors:
- Construction Quality: Newer homes are often built with more modern and durable materials. This can translate into lower maintenance costs and a longer lifespan for the home.
- Energy Efficiency: Older homes are typically less energy efficient than newer homes. This can increase the utility costs.
- Appliances and Fixtures: Newer homes often have newer appliances and fixtures, which can be more appealing to buyers.
- Design Trends: Homebuyers may prefer the design and features of newer homes, which may reflect current trends and preferences.
The Bottom Line
The older the home the more negative impact it can have on your home sale price. You will need to reduce its price to attract buyers. Additionally, the days on the market will increase due to potential repairs and outdated features.
However, the age of a home is not the only factor that affects its resale value. Its condition, location, and market trends, also determine a home’s price.
Frequently Asked Questions
How to find out who owns a property?
You can search for the property deed. This will will give you information about the previous as well as current owners of the property. The deed will also tell you about existing liens.
How to find the history of my house by address?
You can start your research with Ownerly. It is a database which is searchable by address. Ownerly gives property specification, owner's information, deed information, sales history, and lien information.
What information can I get from public records?
You can find information about property deeds, previous owners, mortgage on the home, lawsuits, etc.,
