Important details to consider when on the market for a new home

Considering the financial implication of buying a new home, it is surprising how little time people spend actually viewing a home before making an offer – anything between 20 to 30 minutes on average. Some people take longer to decide on a pair of shoes…

Understandably, you might feel rushed, with an agent running you from room to room and the current homeowner looming over you, but if you are about to make such a big commitment, it is important to make every second count when you are viewing your potential new home.

There are few important tips to keep in mind when you head to the viewing;

Check the interior – thoroughly

Test the taps to see if they are running. Is there enough storage space, and if so, do the hinges on the cupboards work? Keep your eyes open for peeling or new patches of paint. This might cover up a damp spot, or indicate a hollow patch in the wall. Bubbling paint, peeling wallpaper and a damp, musty smell can all indicate signs of water damage. Check the windows for cracks and the frames for sturdiness. If there are signs of condensation on the window, it could imply insulation issues, which you will regret come winter.

Scope out the outside

Again, look for any signs of damp on the exterior walls. Peeling paint due to wear and tear can easily be fixed by a lick of paint, but it is a different story if you need to start breaking down walls to get to a leaking water pipe. If possible, have a look for loose roof tiles, cracks, and the overall state of the property outside.

View the property again, at different times of the day

Things look very different in the harsh light of day than at dusk. Alternatively, things might seem peaceful in the morning while the neighbours are away at work, but what about when the neighbours are particularly rowdy when the sun starts to set? You are also allowed to ask the seller about any notable neighbourly disputes.

Take a friend

It always helps to have a second pair of eyes that may pick up on any issues you could have overlooked. A second opinion is always welcome.

Be snap-happy

Unless the current owner objects, take as many pictures as you can around the property. You can even make a short video to review at your leisure. Often, reviewing your media files can highlight something you might have missed the first time around.

Ask questions

Yes, you might feel rushed and the owners might want to get you off their property post-haste, but do not be afraid to ask any questions that may concern you. How long has the house been on the market? Why are they moving? What are the rates and taxes? Is there scope to extend or renovate the property? It is in your best interest to compile a list of all your questions and concerns before you view the property.

Take a stroll through the neighbourhood

You are not infringing on anyone's privacy by taking a leisurely stroll, scoping out nearby restaurants, schools, shops, and amenities. It will also give you a feel for incoming and outgoing traffic in the neighbourhood. If you are feeling particularly lazy, you can do this from the comfort of your own home via Google Maps.

As a buyer, you could run into other buyers waiting to view the property, and you may feel pressured to close the deal as quickly as possible to secure the home, but it does not mean you should take short cuts that you will regret later down the line. For an easy reference-checklist, you can also visit the new property checklist for more in-depth information.