Since you’ll be spending a pretty sizable amount of money when you buy a home, going into the decision-making process with a keen eye is the best way to make sure you won’t be spending even more cash on unforeseen repairs and renovations that you’re not financially (or mentally) prepared for. Knowing what to look for is key when touring a home, and knowing what not to worry about is just as important.
If you’re already touring houses, chances are you’ve already nailed down the best location, size, and price for your budget. So what should you look for when you tour a home, apart from your personal preferences? Here is a list of what to be on the lookout for while you peruse the square footage and scope out the perfect spot for your new couch:
It’s not uncommon to have dry, brown patches of grass in the yard. A home without someone to consistently and properly care for its lawn will often have parts that have fallen somewhat to the wayside; however, these spots are sometimes the result of a fungal infection. Soggy spots with a bad odor also may indicate serious sewage issues. Both a fungal infection and sewage issues cost a lot of time and money to fix. Ask for more information about the condition of the lawn or if there is anything to report.
Look out for signs of water damage, like dark or wet spots on the ceiling or floors, cracking or bubbling in the ceiling, and a musty smell. Water damage can cause serious issues within the structure of the house and cost a lot of money to fix. Another way to check is to ask to see the utility bills spanning the last year to see if there has been a noticeable uptick in water usage.
Be aware of any large cracks in the flooring or basement floor, ceilings, walls, or outer foundation of the house. These signs can include cracks in the chimney, uneven gaps on the windows and doors, sagging floors, a damp subfloor, or soil pulling away from the walls of the house. In addition, a sagging roof is going to need to be fixed right away and costs thousands (and sometimes tens of thousands) of dollars.
HVAC systems that are outdated or haphazardly installed are unsafe and make for costly fixes. Look for exposed or eroded wires, warm or vibrating outlets, and a squealing sound from the central AC unit. Finding brown tinted water when you turn on the faucets could also be a sign that the plumbing system needs a total overhaul.
There can be many strange smells to notice when you walk into a new home, but only a few should be cause for concern. Strong smells of pet urine can be extremely difficult to remove. A musty smell in the basement can indicate water damage, structural problems, or leaks. A gas smell in the kitchen may mean that the hot water heater has a compromised gas valve. It’s always best to ask and receive confirmation about any strange smells you may be noticing throughout and near the perimeter of the house.
It’s easy to sweat the small stuff when it comes to touring houses. Old paint, wallpaper, light fixtures, ancient appliances, and shag carpeting can all be huge turn-offs when it comes to considering houses. But, luckily, most of these kinds of changes can be easily and somewhat affordably made, especially if you have some renovation room in your budget. There will always be compromises to be made when finding the right home for your family and your budget, but knowing these deal-breakers can save you the hassle of putting in an offer and paying for an costly inspection.
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Contact Ethan Brooks
- Refined Mortgage Group
Ethan Brooks Mortgage Team
NMLS #1639987
Licensed In: WI - Legal Disclosures
4750 S. Biltmore Lane, Madison, WI 53718, 1-866-912-4800.
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