Definition
The year a residential structure was originally constructed, affecting property age, style, condition, and replacement system costs. Home age is important for evaluating property value and repair needs.
Not sure where this fits?
Answer a few questions and we’ll open the path that fits, at the right step.
Find my pathAbout this term
Newer homes typically have more modern systems and materials but may lack character, while older homes may have unique features but higher maintenance costs. Building codes change over time, so older homes may not meet current standards for electrical, plumbing, or safety systems. Home age affects insurance rates, system replacement schedules, and overall desirability.
Pro Tip
Learn what systems were likely installed in homes of your target age and budget for replacements.
Example
The 1982-built home had its original roof, HVAC system, and water heater, which meant significant replacement costs would be needed soon.