buying a house checklist

Things To Consider When Purchasing A Home

by Guest Author on March 23, 2013

Purchasing a home remains a macro decision and entire decision making process revolves around logic and emotion. We tend to omit micro factors are at times give little weighted to any such parameters which later on can cause serious problems. On the whole, a timely and wise decision must cover both macro and micro objectives for an ideal house.

Selecting a home on the basis of just the purpose of living isn’t enough. You should keep it in your mind that it could be the foremost investment of your life.

To exercise a secure and comfortable house-hunting for you and your family, and to safeguard your investment, we bring you some guidelines to follow, in order to execute a safe and sound purchase of your home, avoiding overpaying for the things that you don’t want to pay for:

Roof—look for signs such as seepage, leaks and stains due to uncontrolled water ingress in the ceiling and near the chimney. Ensure that the roof is in sound condition. Replace or repair it accordingly as an average life of a roof is up to 2 decades.

Decks and stories—if the flooring requires stripping and scrubbing, it should be done beforehand while the rooms are unoccupied. This type of floor maintenance won’t cost you much and is dependent on the shape and structure of your floor.

Masonry—note signs of corrosion such as Sulphate attack, uncontrolled water ingress or frost action etc, especially in the exterior of the chimney pointing and its brickwork. If found, then these are very expensive to be repaired.

Patios and verandas—trace decay in the woodwork even under the paint layer. Symptoms of a fracture in the wood could be the indication of more extensive loss.
Windows—an upgrade is needed if your household is old and would have just single panes of glass.

Building thermal insulation—in order to minimize your energy bill, your house should be sufficiently insulated. In the old construction, the walls lack or do not even have insulation. Installing and upgrading your walls from a professional is a good idea before you move-in.

Circuitry—to meet the electrical demand of your household, you would require an upgraded electrical system of 200 amps. In relatively older household unit, a non-upgraded panel of 60 or 100 amps is being used, which of course is undesirable.

Heating, ventilation and Air-conditioning (HVAC) —it depends upon the source of energy and the age of the furnace. Conventional fuels include electricity, oil and natural gas, the latter being the most economical, but the formers are commonly used.

Parking—in the large metropolis such as Montreal and Toronto, parking spaces are minute. To counter it, you would need a parking permit or permit to build a new parking outside your home from the city municipality. It’s good to know the spacing options beforehand.

Plumbing, sewage and drainage system—Avoid homes with old plumbing containing lead pipes. Opt for upgraded system with copper pipes with copper soldering or PVC. Ensure that that the sewage and drainage system is the most recent and in satisfactory condition from a professional sewage service.

It is always recommended to have your house inspected by a professional home inspector if you are buying an old construction. This will properly see you through the conditions of your newly purchased home.

About the Author: Asim Aleem is the Right At Home Realty Inc., Brokerage Realtor working in Greater Toronto Area. He writes about real estate and communities. He has over a decade experience helping home buyers, sellers, and investors in acquiring their dream homes and investment real estate. To know more about Asim Aleem visit www.mississaugahomessale.ca.

If you’d like, you can chat with Asim anonymously through Sundaybell. Or, perhaps, if you’d like to meet other agents in your specific area, get started today and get matched with real estate agents that you can interview and compare to see who is the best fit for you.

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