You’ve found what seems like the perfect home – either for investment purposes or to move into – and you really, really want it. This is one time, though, when your head should definitely rule your heart, when intellect should over-ride emotion. You need to take the time to make sure you aren’t buying a “lemon” home in Kansas City.
When it comes to real estate transactions, sellers often do not reveal all details about the property they are selling, sharing only what is required by law. Therefore, as a buyer, it is crucial for you to conduct thorough inspections inside, outside, and underneath the property to uncover any potential issues. Below, we outline some red flags that you should keep an eye out for during your property evaluations in Kansas City.
1. Plumbing Problems
Don’t overlook the significance of plumbing issues that may persist unnoticed for years. Undetected problems can lead to extensive and costly damages, as they are not always immediately apparent.
Over time, a small leak in a water-supply line hidden within a wall can go unnoticed, leading to significant damage such as deteriorated flooring, mold growth, compromised drywall, and even termite infestation in areas with excess moisture. Watch for indicators like water stains, soft or sagging floors, and mildew, as these could signal underlying plumbing problems that require attention.
One of the major pitfalls you may encounter when purchasing a problematic property in Kansas City is related to sewer line issues. It is crucial that all sinks and toilets in the house drain properly and have a strong flush. The presence of any drainage issues should serve as a red flag, particularly considering that sewer lines in some areas have not been upgraded for many years. Repairing septic tanks and sewer lines could potentially cost anywhere from $25,000 to $50,000.
2. Faulty Roof (And Roof Clues)
Recognizing issues with the roof can provide valuable insights into the overall condition of a property. For instance, spotting three layers of shingles and plants growing in the gutters may suggest neglect in other aspects of home maintenance.
When inspecting a property, it’s crucial to check for broken or missing shingles or tiles as they may indicate potential roof leaks. It’s important to note that water from a roof leak may not always enter the house directly below its point of origin. Instead, it can travel along the roof or even into walls, causing hidden damage over time. Stay vigilant for any signs of water infiltration to prevent costly repairs down the line.
Be cautious of sagging spots in the roof as they may indicate damaged decking or, at worst, damaged rafters or trusses. It’s essential to address these issues quickly to avoid causing more damage. A new roof installation, which includes tear-off and replacement of damaged decking, typically ranges from nearly $10,000 to $30,000. It’s essential to address roof issues promptly to avoid costly repairs down the line.
3. Shoddy Renovations and Improvements
Another red flag to watch out for when considering a property in Kansas City is subpar renovations and improvements. Be wary if you notice hurried and poorly done upgrades, such as sloppily painted walls, as this could indicate an attempt to conceal underlying issues like water damage or mold. Take a closer look by checking for signs like sagging ceilings and unusual spots on the drywall.
Substandard bathroom tiles may not raise much concern as they can be redone for a few hundred dollars. On the other hand, poor installation of parquet flooring in a spacious area can lead to higher expenses. Incorrectly done large-scale projects like decks or driveways can result in costs amounting to thousands of dollars.
When purchasing a property in Kansas City, it’s crucial to be vigilant and watch out for these three red flags that may indicate a problematic home purchase.