When buying a home, there are “little things” that can make a big difference before you move in.

Here are some points to look for

  • Power points: Are there enough? Installing more power points can cost $150-$200 each
  • Structural issues: Water pressure, warped floors, cracked tiles, missing grout, rusted gutters/downpipes, termite infestation etc are costly to fix, especially if there are waterproofing issues in wet areas. A Building, Pest and Plumbing inspection is a must as part of any Offer to Purchase. It is not a cost but an investment.
  • Location: Check the local area. What are the roads like in peak times? Are there new buildings being constructed? Check the council for future developments and plans.
  • On-going costs: If purchasing within a Strata Corporation, obtain a copy of the last 2 years AGM reports to see if any works are required and any increases in Strata Levies. Also, look for any cladding issues.

UNDERQUOTING has become more prevalent. As a guide, take the top of the agent’s listed price range and add between 15% to 20%. This may help you determine if you are in the ‘ball park’.

 

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