Tuesday 18 June 2013

Recognizing potential major expenses in a new home

When you see a new home you like on the market, it’s
easy to get distracted by all the features you love – the wrap-around
backyard deck or the spacious rec room with plenty of space for
entertaining. You just need to make sure that in all that excitement
you don’t overlook any expensive maintenance issues that could
be just around the corner.
 
Nothing lasts forever. The major components
of every home from the furnace to the roof shingles need to be replaced eventually.
Knowing when such maintenance issues are likely to arise can help you make a
smarter decision about the home you’re considering.
 
 
How do you do that?
 
 
When viewing a property, ask for the age of the major components of the
home, such as the roof shingles, furnace, air conditioner, water heater, and
appliances. Roof shingles may look merely weathered in spots and you
might think they have years of service left when, in fact, they’re due to be
replaced in a year.
 
 
Also pay close attention to the backyard deck, fencing, flooring, and
windows. Do any of those components look aged, worn, and in need of
repair or replacement sometime soon?
 
 
Finally, don’t forget to check the kitchen and bathrooms. Sinks, faucets,
bathtubs, showers, and cabinetry have a life span of about 10-15 years.
 
 
 
Of course, there are things you can’t see, such as wiring, plumbing, venting,
and other components of a property that may require maintenance soon.
That’s why it’s so important to make any offer to purchase a home
conditional on passing an inspection by a qualified home inspector.
 
 
Want more ideas on buying the right home for you? Call today.
 

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