Wait! 11 Reasons Why The House You’re Buying Is Not Worth It
Buying a house is probably one of the most important financial decisions for you and your family. The entire process of finding the perfect house within your budget can feel quite overwhelming. When you’re looking at houses, you’re probably looking at the number of rooms, storage space, overall potential, etc, which are all important factors.
However, it’s crucial to look beyond what’s right in front of you. In this post, we’re sharing some reasons that make a house unworthy of your money.
- Structural Problems
Many open houses you’ll visit will be staged to perfection by professionals. Property staging is used to highlight the attractive features of the house and conceal the unattractive aspects.
You should carefully inspect the walls and the ceiling in every room of the house. If there are any signs of cracking or splitting, these may be pointing towards serious structural problems. And on top of your mortgage as a new homeowner, you don’t want to get stuck with structural repair costs.
Windows serve a greater purpose than allowing you to enjoy the outside view.
Make sure the windows let in plenty of natural light as well as provide energy efficiency. Outdated or defective windows will cause energy loss and inflate your energy bills.
- Plumbing Issues
Discovering plumbing issues after moving in will be highly inconvenient and expensive.
Make sure the plumbing and drainage systems are intact and functional.
- Appliance Condition
It’s convenient if the kitchen comes with attached appliances. That being said, you should inquire how old the appliances are and if they are optimally working.
If not, then you’ll have to pay someone to remove the old appliances and install new ones. And all of this can end up costing a significant amount.
- HVAC Unit
If you’re looking at houses in winter, then you should take the initiative to make sure the air conditioning works efficiently.
Similarly, if you’re buying a house in the summer, then check the heating.
Parking space is a necessity for most people, but many forget to think about when viewing houses to buy.
The last thing you want is a far-away parking space. Take a look at your vehicle(s) and make sure the house that you’re considering has enough and safe parking space.
- Lawn Requirements
A beautiful lawn can considerably enhance the visual appeal of your house. However, if not maintained properly, it can have the opposite effect. You need to weigh the pros and cons of having an extensive front lawn.
Regular lawn care requires time and money, and if you can’t afford it, then maybe this house is not the right fit for you.
- Poor Insulation
Adequate insulation is necessary to retain energy and keep your energy bills in check.
Inspect windows, doors, basements, attics, garages, and other areas of the house to ensure they are properly insulated.
- Noisy Neighbourhood
The house itself can be perfect in every way, but a noisy neighborhood can be a deal-breaker.
From loud neighbors to traffic noises, there are several factors to consider.
- Local Crime Rates
In addition to noise, you also need to do your research about the local crime rates.
It’s not worth living in an area where break-ins are a common occurrence.
- Future Renovations
If you’re planning to start a family in the future, then you’ll probably need a bigger space.
Rather than going through the house buying process again, you should purchase a house that has potential for renovations.
This is not an exhaustive list of things that you might have overlooked. That’s why you should consider involving a Spokane real estate agent to assist you with the house buying process.