
Many
homes can be quickly dismissed from further consideration. Perhaps
the neighborhood is unappealing, or the style and look of the house
is unattractive. When you find a property that appears to be promising,
it's time to take a closer look to see how well the house really meets
your wants and needs. |

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Evaluating
a Fixer-Upper
If you're considering a home that needs a lot of work, it can
be very difficult to get a feel for whether the home is right
for you. While many features will be obviously substandard (otherwise
it wouldn't be a fixer-upper), it can sometimes be difficult
to visualize exactly how the renovation will turn out. It can
also be quite tricky to figure out exactly what you can accomplish
on your budget. Because of these factors, it is highly advisable
to take a much closer look at this type of home. At the very
least, you want to have a comprehensive home inspection done.
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Home
Evaluation Checklist
While much of what makes a home the right choice
is vague and difficult to quantify, there are a number of objective considerations
as well. Review the following items to help determine if a house is right
for you.
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Review
the exterior condition.
Check the roof and siding for signs of excessive wear. Is the paint
peeling or chipping? Inspect the windows and doors - are they in good
condition? Check the foundation for cracks. |
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Check
out the lot layout and condition.
Is the lot large enough? Is it level and well landscaped? Check the
area around the foundation - is the ground sloped away from the house
to allow for proper drainage?
Does water pool anywhere near the house? |
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Inspect
the basement.
Is the basement dry and free of mildew? Check the basement walls -
are they free of cracks and other damage? Is the ceiling high enough
to allow you to finish the basement in the future? |
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Rate
the kitchen.
Is the kitchen
large enough for your family? Are the cabinets and fixtures attractive
and in good condition or are they dated and worn? Is there enough
storage space? Is there a laundry room? |
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Consider
the bedrooms and bathrooms.
Are there enough bedrooms in the house? Are they large enough for
your needs? Does the house have a sufficient number of bathrooms?
Are the bathroom fixtures and vanities modern and in good condition?
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Think
about room sizes and layout.
Does the home have all of the rooms you want - living room, dining
room, family room, study, or library? Are the rooms large enough?
Does the house have a nice layout with good traffic flow? |
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Check
out the mechanicals.
Are the heating, plumbing, and electrical systems up-to-date and in
good condition? How old are the furnace, hot water heater, and air-conditioning
units (if the home has central air)? |
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Review
the interior finishes.
Check out the flooring, interior paint, and wallpaper - are they in
good shape or are they old and dingy? Does the home have built-in
shelving or other special trim? |
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Consider
the items on your wish list.
Does the home have the features that you have identified as important
- fireplace(s), two- or three-car garage, room for expansion, etc.?
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