Buying a new house is generally the most significant investment we make, so it’s crucial to dot your Is and cross your Ts before signing on the dotted line. But how do you know you’re making the right choice? Here are the top 10 things every prospective home buyer should look out for before making a purchase.
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1. Location, location, location
You’ve heard the saying a million times and for good reason — the location of a home is paramount. Consider proximity to work, schools, public transport, and amenities like shops and parks. Research the neighbourhood’s safety, future development plans, and overall vibe to ensure it suits your lifestyle.
In Australia, it’s also important to check if the home is in an area that’s prone to flooding or fires as this can significantly increase your home insurance costs.
2. Structural integrity
Structural issues are generally incredibly costly to rectify so it’s important to check the structural integrity of a house before you buy. Look for cracks in walls, uneven floors, and signs of water damage. Walk around the house and look underneath it if you can to check for cracks, pooling water and whether the foundations look solid. It’s wise to get a professional inspection to identify any hidden defects.
3. Roof condition
A new roof can be a significant expense, so inspect the condition of the current one. Look for missing or damaged shingles, signs of leaks (such as watermarks inside or swollen plasterboard), and the overall age of the roof. A well-maintained roof can save you from unexpected repairs down the line.
4. Plumbing and electrical systems
Next thing to look out for before buying a house is the condition of plumbing and electrical systems. Check for leaky faucets, slow drains, and water pressure issues. What’s the shower pressure like?! For electrical, test outlets, switches, and look for any exposed wiring. These systems are vital for daily living and can be expensive to repair.
5. Heating and cooling systems
Examine the heating and cooling systems to ensure they are functioning properly and efficiently. Ask about the age of the furnace, air conditioner, and water heater. Consider the cost of replacing these if they are nearing the end of their lifespan.
6. Pest problems
Look for signs of pest infestations, such as droppings, chewed materials, or nests. Pests like termites and rodents can cause extensive damage to a home. A thorough inspection can reveal any issues and help you decide if treatments are necessary. For example, Co-Spec Building and Pest Inspections Gold Coast prepare same day reports that detail structural damage, defects, termites, and maintenance issues so you can make an informed decision.
7. Natural light and ventilation
Good natural light and ventilation can significantly enhance your living experience and contribute to passive gains. Check the orientation of the house and the size of the windows. Adequate ventilation is crucial for maintaining a healthy indoor environment.
8. Storage space
Evaluate the amount of storage space available, including closets, cabinets, and basements. Ample storage is essential for keeping your home organised and clutter-free. Ensure the space meets your needs and allows for future growth.
If you recognise potential in the basement, consider reaching out to basement remodelling franchises to help transform it into a more functional space. They can assist with renovations that maximise storage, enhance liveability, and increase your home’s value.
9. Outdoor area
Is the backyard large enough for your children and pets? Or is it too big that you wouldn’t be able to maintain it with your busy lifestyle? Consider the outdoor area, including the yard, garden, and any additional structures like sheds or garages. Think about your outdoor living needs and how the space can accommodate activities, gardening, or entertaining guests.
10. Potential for renovations
Finally, assess the potential for renovations or expansions. Even if the house meets your current needs, you might want to make changes in the future. Check zoning laws and the structural feasibility of any planned improvements.
We hope this quick rundown of the top things to consider before buying a house helps you. What are your tips before buying property?
