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How Property Condition Affects Your
Offer
Since you have toured
the property you are interested in, you should know how it compares to
the general neighborhood. All you have to do is put the home in one of
three categories - average, above average, or below average.
When evaluating a
home’s condition, there are a number of things you should consider.
Structural condition is most important - items such as walls, ceilings,
floors, doors and windows. Then paint, carpets, and floor coverings. Pay
special attention to bathrooms and bedrooms and whether the plumbing and
electricity work efficiently. Look at the fixtures, such as light
switches, doorknobs, and drawer handles. The front and back yards should
be in reasonably good shape.
The missing
ingredient will be information on the condition of the homes from your
comparable sales list. Provided you chose the right agent to represent
you, they will have actually visited most of those homes and be able to
provide key insights.
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