Homes built before 1950 offer many wonderful amenities. They're charming, they're solidly built, and they're often located in desirable, city center areas.

But it's not all sunshine and wainscoting for the owners of older homes.

Given that they were built prior to modern construction standards, these homes are often less energy efficient than their more modern cousins and can be at higher risk of fire due to the building materials used back in the day. And that's to say nothing of the risk of asbestos and lead paint exposure in older homes.

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