How to Assess a Property for Renovation

A thorough property assessment can really save you, especially if you are in the process of buying a new property or planning a renovation project. The assessment can reveal so much about a house, including the estimated cost of turning the property into your dream house.

You can do some of the assessment tasks yourself, too. If you are buying your next house or getting started with your own renovation project, here are some of the things you should do to assess the property.

Start with the Structural Condition

Look past the exterior finish for a second and dig deeper into the structure of the house. One of the first things you should do when inspecting a property is check for potential structural problems. Some problems are relatively easy to spot. Slanted walls or beams, cracks on the walls (especially around critical areas such as when two walls meet), and other visible signs are easy to spot as long as you are careful and thorough.

If you’re buying an older house, it is best to get a professional to do the assessment for you. A complete building report isn’t expensive at all and it will help you save more money down the line. Problems with older buildings aren’t so easy to spot, which is why an expert building inspector can do so much more than you and your untrained eyes.

Utilities

The next step is to check the house’s utilities. Ask the previous owner if any rewiring was done in the last five to ten years. A house that hasn’t been re-wired for more than 20 years certainly needs one. You can also check the switches and sockets. A mixture of switches and sockets is usually a sign of poor electrical maintenance.

The same can be said for plumbing. Broken or a badly-maintained plumbing and drainage system will leave damp areas around the house. You can spot them from the distinct smell and the stains the moisture leaves on the walls and other surfaces. Make sure you take the time to check the central heating system or air conditioner too.

More Checks to be Done

Covering the basics is just the beginning. You also need to take a closer look at other aspects of the property to fully understand the cost of repairing and renovating the place. Windows that are cracked or broken, for example, must be fixed for the house to be energy efficient.

The more thorough you are when doing these checks, the better you will understand the situation. It is much better to know the potential costs that you have to cover upfront instead of discovering severe problems after buying the property. It is also a good idea to buy Rough Hollow homes for sale from realtors such as HomesATX.

The next time you’re searching for your dream property, make sure you work with a reputable realtor and complete the checks we discussed in this article.

 

+++++++++++++++++++++++

From time to time we publish original guest articles. The above article was written and pictures provided by Carol Trehearn.

Suggested Articles For You:

share save 171 16 How to Assess a Property for Renovation

Speak Your Mind

*


*

Featuring Recent Posts WordPress Widget development by YD