What to Look for before Buying a Property?

Buying a home is somewhat like planning for your wedding. It is exciting yet stressful and then finally you get the big payoff. However, what makes home buying different is that it is one of the most significant financial investments you’re likely to make in your lifetime. Therefore, you want to make sure you don’t make any mistakes. That is exactly why you need to carefully assess the property that you are planning to buy. 

If you’re planning to buy a home in York Region or Toronto, I Anna Agasi can help. As a full service Real Estate Professional, I always look after my clients and their best interest. Therefore, when working with buyers, I always strongly suggest and recommend them to hire a professional and knowledgeable home inspector to ensure that nothing gets missed and so that there are no unpleasant surprises after closing. 

I am a leading, trusted and experienced Real Estate Sales Professional in town committed to working in your best interest.

Apart from hiring a home inspector for property assessment here are some of the most important things that you must look for in a property before buying it: 

  • The Roof 

First things first, inspect the home roof. Before you set your foot inside the house, you need to evaluate the condition of the roof. Determine whether the roof is new, old, or need repair. It is important to assess the roof because a damaged roof can be expensive to repair and replace. New roofs have a life expectancy of nearly 15 to 20 years. 

Also, check if the roof is flat or not. Look at the sealing material of the roof. If the roof has been sealed with membrane, then it is better than gravel and asphalt, which can leave edges and seams on an unsealed roof. 

  • Make Sure That The Property is Structurally Sound 

Next up, you need to be looking for large prominent cracks in the home. To spot them, make sure to look around the area of joined extensions, bay windows and the end of terrace walls. Cracks say a lot about a property’s structural integrity. It shows that the building is not structurally sound. You don’t want to invest in a home that has a weak structure and continue to spend more money in repairs and costly restoration jobs. Do you? 

  • Are the Rooms Big Enough?

Make sure to inspect all the rooms of the house so that you can determine if they are spacious enough for you and your family. Sometimes, new building developers tend to deceive potential home buyers by placing small furniture in rooms to make them look bigger. Be warned. Make sure that all of your existing furniture can fit in the rooms before you make an offer to purchase the home. 

  • Check the Plumbing System 

Plumbing is also an important factor to assess and consider before buying a home. Check the plumbing systems in the kitchen and bathrooms for leaks, mold and water damage. Mold is not just foul-smelling and unsightly, but can add to your ongoing costs and cause serious health problems. So, if you’re planning to move in with a baby, an elderly or someone who has asthma, then you want to be careful before you buy the home. 

Also, if you smell something unpleasant, then it might be the sewage system of the home. Sewage systems, especially in old homes can often get blocked, clogged and damaged because of tree roots. Fortunately, you can contact a plumbing company that can send a camera inside the pipes to detect the underlying problem and fix it. Before you make the home buying decision, make sure that the property’s plumbing and sewage systems are in top condition and not leaky or clogged. This will spare you the trouble of frequent repairs, which can cost you hundreds of dollars on a regular basis. 

  • Be Careful of Dodgy Wiring 

Often, home sellers don’t share information about the electrical wiring of their houses with buyers. But, you need to make sure that you are well-aware of the condition of the wiring and power points of the home you want to purchase. Remember that dodgy wiring is dangerous. Besides this, rewiring can be an expensive job, thereby putting a big dent in your pocket. Therefore, it is advisable to check out the fuse boards of a property as they indicate the state of the wiring. However, a survey is also advisable as it is a better way to confirm if the wiring needs replacement. 

Apart from this, look for plug points. Make sure that the house has enough plug points, especially if you use a lot of gadgets every day. In today’s gadget-driven world, you need to have enough plug points around the house. 

  • Random Fresh Paint 

One of the most inexpensive ways to prepare a home for sale is painting it. Although it is a great way to make a home presentable and clean, fresh paint can sometimes indicate a red flag.

Fresh paint on one wall or a small area on a ceiling is usually done to cover up prior damage. So, when assessing a property, look for random fresh paint and focus on the structural aspects of the home, such as loose wires and aging appliances. Tune out any freshly-painted walls and upscale décor. Focus on the foundation. This is important to do so because the foundation will be there for long after the paint starts to chip off. After all, you want to invest in a home that can last for several years to come. 

  • Check Indoor Temperature 

When you enter the property you’re planning to buy, don’t forget to check its temperature. Inspect its HVAC system. This is important because heating and cooling systems are costly to fix and replace. Apart from this, inefficient HVAC systems can increase your utility bills. Therefore, you must evaluate the HVAC system installed in the house and make sure that it is functioning at an optimal level. The general rule of thumb is the HVAC system should be in good condition and up-to-date. 

  • Invest in a Well-Insulated Home 

A house should be comfortable at all times. And one of the best ways to ensure this is to invest in a house that is well-insulated. Check the water pipes, heating ducts and the attic to make sure that they are insulated properly. This will not only keep your home comfortable during both summers and winters, but will also significantly lower your heating and cooling costs. For example, well-installed double-pane windows can save you money down the lane. However, if there is condensation between double-pane windows then this means that they are faulty. You need to install new windows. If the seller is willing to replace them, then that’s great, if not then you might want to reconsider your decision.  

In a nutshell, observe all the above discuss factors in a property before buying it. This is the smartest way to make an informed decision. After all, home buying is a costly investment, which you need to get it right. 

Get in touch with me to make sure you make the right investment decision while enjoying a stress-free home buying experience.