Time for a Checkup!
Homes age just as people do. Sooner or later, both will require checkups. And, as old age sets in, major repairs are often needed.
The average age of the housing stock in the United States reflects the aging of its population. That’s not surprising, considering that a building boom accompanied the baby boom of the 1950s and 1960s to accommodate millions of new families and their children.
As the baby boomers reach late maturity and old age, so goes the housing.
Old age for a home is typically between 50 and 60 years, although many very old homes are still around, too. Across the country, renovations are increasing on this mature stock. Unfortunately, boomer generation homes may be lagging far behind the present safety standards for electrical wiring.
According to David Brender, national program manager for the Copper Development Association, “Next to the installation of smoke alarms, one of the most effective ways to improve the safety of these older homes is to upgrade the wiring.”
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