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What should I know about older homes in Minneapolis (pre-1950)?

Answered by Chris Deutsch, Founder & Editor
Licensed Minnesota Realtor #20382264 ·

The short answer

These homes have character you can't buy new, and I love them for it. But know what you're getting: Knob-and-tube wiring (check if it's been replaced), galvanized plumbing (budget $8-15K to replace), foundation issues (stone foundations need moisture management), and lead paint (assume it's there, manage it). Budget 1.5-2% of home value annually for maintenance vs. 0.5-1% for newer homes. Get a sewer line inspection—$250 now can save you $8K later. That said, a well-maintained 1920s Tudor in Southwest will outlast most new builds. Eyeing a specific pre-war home? Send me the address and I'll tell you what to inspect before you fall in love.

On stage The 60-second answer

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From the editor's desk

“As Founder and Editor, I review, correct, and stand behind every answer.”
— Chris Deutsch

Is your situation more specific than the market? That's the one worth talking through.