by Ryan McCann
on Wednesday, October 21st, 2020 at 12:46pm.
You Love This Home… But Do You Know Its Secrets?
Many homes hold secrets locked inside, be it a structural issue, asbestos or a previous unfortunate bug infestation. Know what you are getting into from the start so you don’t get disappointed later.
At first glance, most homes seem fine – but without taking the time to really get to the bottom of each home’s history you will never know for sure if it has suffered water damage or been the victim of shoddy repair work. Dig up all the dirt you can before buying, and you will end up with a purchase you are proud to own.
You enter the foyer and your heart starts beating faster. Your pulse quickens as you take in the wood parquet floors and elaborate crown mouldings. Only three steps inside, and you have already fallen in love with the house. You have found your new home! If this was a movie, you would hear the music swell…but like people, houses can keep secrets. As a savvy home buyer, you need to take the time to read the seller’s disclosure, and sometimes even dig a little deeper, to make sure that you know everything about your prospective dream home.
You do not have to be in the real estate business long before you have heard countless stories about people making unfortunate, even startling discoveries while viewing a home.
Shhhhhh…Be Very Quiet
In one such instance, there was a lovely couple who was ready to experience suburban life. The couple were going to visit a house situated on a quiet street. The road featured mature shade trees, lush green lawns, and roadside rhododendron bushes. When we reached the house, we all got out of the car and stood for a moment to admire the unmistakable curb appeal. When all of a sudden, out of the silence, we heard a tremendous roar coming from beyond the backyard.
The house appeared to be in a very quiet location; it was not. A City of Edmonton LRT line was just a couple of hundred meters from the property. The important point here is: be sure to read the Seller’s disclosure before you decide to make an offer on a home. There won’t always be a figurative train riding by to alert you to hidden house issues. Keep in mind major arteries and roadways like the Whitemud and Henday can also impact your quality of life - and home’s value.
What’s In The Walls?
A less dramatic, but equally important secret a house can keep is that it has a extremely high heating or cooling cost. This can be the result of older windows and doors, poor insulation, or simply by what directional exposure the house has. In the same token, water damage – although difficult to hide for long - can also lurk beneath the surface, waiting to come to light down the road. Always be sure to ask the current owner for copies of the last 12 months’ heating and cooling bills, and be sure you check places like bathrooms and laundry rooms for any visible water damage. You don’t want to find yourself spending your first winter in your home wondering how you are going to pay the huge gas bill and replace the floor in your mudroom.
Asbestos is another area of concern. While not common, it can be found in plaster in older Edmonton homes, as well as floor and ceiling tiles. In rare cases, it can also be found on plumping and HVAC components.
Keep in mind, a Seller’s disclosure only covers items that the Seller knows about from personal experience. We’ll give you guidance as to what kind of disclosures are required of home sellers, and give you direction on for home, fireplace, asbestos and radon inspectors.
Let Ryan and the Real Living Team help you find your dream home. Use centraledmonton.com to search, save and be notified of new listings - or call Ryan McCann direct at 780-221-8444 to discuss your home journey.