I’m looking at several homes and may purchase one, but realized that I’m probably missing important details when trying to identify potential money-pits. I have a simple checklist so I can save the time and money of hiring an inspector if there are obvious issues. I’ve filtered out a couple of options due to very blatant issues such as cracked foundations and mold, but know I’m missing others.
This is my simple checklist so far and what I currently look for:
- Roof - Damage / age
- Foundation - Cracks
- Electrical - Age
- Termites/pests - Better ways to identify pests aside from nibbled corners and droppings?
- Water damage / mold - residue on ceilings, baseboards, basement
- Siding - peeling, gaps
- Heating & Air - Does it work?
- Pipes - Any obvious leaks
- Gas lines - ?
Important, but less concerning:
- Paint / Finishes - peeling, chips,
- Appliances - Does it work?
- Garage - None, covered, closed
Other considerations affecting home value
- What else am I missing and what should I look for?
- What’s the expected cost-range to repair/replace professionally or can I reasonably DIY it for less in a worst case?
I’m a DIYer when able (and appropriate), but would like to know as much as possible when performing a preliminary inspection before spending resources on a professional who would tell me something I could have found out prior to inspection.