Choosing Wisely

Below is a checklist of items I have built from over 30+ years when it comes to evaluating homes for buyers and fielding comments from buyers on homes I have sold.

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    The Big Picture

    • Is this property located in a known “high demand” area? Or adjacent to one?
    • Near an interstate with road noise, planned expansion or airport?
    • County or city known for lower or higher property taxes?
    • Close to industrial or commercial uses?
    • Is it above the median price range for the area?
    • Does it feel like the area is in transition? New developments, tear downs and rebuilds or several commercial vacancies
    • Is there some major new industry/initiative nearby? Use Google maps and Google earth
    • How is the normal commute traffic flow through this area? Test it personally during rush hour

    The Location

    • Lots of pavement striping at neighborhood entry (traffic congestion leaving neighborhood)
    • House fronts on a busy road with a double-yellow line (street view on Google via the address)
    • Right nextdoor to the neighborhood Swim/Tennis facility (lights, noise)
    • Next to the neighborhood detention pond (maintenance, bugs, unknown, unsightly)
    • Straight ahead at a “T” intersection or culdesac (headlights at night, feng shui)
    • Way back in large subdivision (you can’t give easy directions to visitors or deliveries)
    • “Culdevision” (short, single street neighborhood with 6-12 homes)
    • Near high tension powerlines
    • Next to colonial underground pipeline easement (can limit yard usability)
    • Elementary school district test scoring impact (Greatschools online website)
    • Inline with flight patterns of nearby airport
    • Unsightly neighboring properties
    • Value way above neighboring homes
    • Architecture inconsistent from most in neighborhood
    • Outside of the norm on a significant feature
    • Smells (water treatment treatment facilities, paper mills, agricultural areas, etc)
    • Near a noisy outdoor venue (amphitheater, ballfields, racetrack, etc.)
    • HOA Financial Solvency and Care of Common Areas (especially Condos)

    The Property Itself

    • Does it look like the seller knows they are on the market? (Curb appeal, fresh landscaping, pressure washed driveway, clean crisp entry)
    • Located near the subdivision entry (noise, privacy, max traffic)
    • Corner lot? (deeper setbacks, usually exposed / less privacy)
    • Size and Shape (significantly larger or smaller/narrow, notched, pie shaped or irregular)
    • No backyard (shallow lot OR very steep drop off)
    • 100 yr Flood zone ( insurance premiums and rainfall stress)
    • Creek buffer restrictions (75 ft from wet streams )
    • Steep topography in general (up is bad, down is worse )
    • Odd or unkept neighboring properties in view/rentals (can’t change)
    • Front door below street level (curb appeal / possible drainage issues)
    • Steep driveway (less desirable)
    • Landscaping versus other homes currently on the market (shaggy or crisp?)
    • Near an intersection with an uphill grade – vehicle acceleration noise (check behind property)
    • House facing a certain direction (or not facing a certain direction)
    • Imposing thing nextdoor (house too close, looming above, can’t screen out, cell tower, etc)
    • Weird easements (drainage, creeks, powerline, sewer, access to other property)
    • Odd layout / configuration (ex. can’t see play area from kitchen – concern with littles)

    The House

    • Odd front entry (steep steps, no sidewalk, parking areas off to side with side door, etc)
    • No basement (when most homes in neighborhood have one)
    • Unique layout (anything not straight-forward or complicated)
    • Synthetic stucco (stigma)
    • Split-level style home (hard to renovate and expand; limits number of buyers)
    • Primary owner’s suite below main level (odd floor plan)
    • Less than three bedrooms above grade (upside down house, fine at the lake – not in the city)
    • Walking through the front door and bumping directly into a wall or stairs
    • Can the basement be finished if not already? (ceiling heights lower than 8ft)
    • Main level ceiling heights (higher the better)
    • Garage (size vs price point – 3 car expected in luxury)
    • Drive Under or Detached Garage (more of an issue in luxury price point)
    • Front entry garage (side entry is preferred)
    • Any signs of moisture intrusion? (Cupped hardwood floors, yard sloping towards house, humidifier running)
    • On Septic System? (can limit number of bathrooms, old drain lines fail)
    • Private primary bath (shared master bath is kiss of death in a ranch style home)
    • Pocket renovations (renovated areas REALLY expose unrenovated areas)
    • More that two sets of stairs OR random step downs into rooms (safety when hosting guests)
    • Flooring material consistent throughout? (Max 3 different materials PLEASE)
    • Do the furnishings match the price and style of home?
    • Architecture inconsistent from most in neighborhood
    • Swimming pool that consumes the entire backyard (unless patio home or empty-nester neighborhood)
    • Any expensive underground improvements that are not obvious (Retaining walls, stormwater storage)
    • Deferred maintenance, wood rot, unkept landscaping
    • Vague Disclosures / Unanswered questions
    • Messy or Dirty Areas ( especially bathrooms but also applies to garages and basements)
    • Significantly larger or smaller square footage than neighborhood average
    • Smells ( pets, smoke, musty or strong air fresheners = likely hiding something )
    • Fountains or music playing? (Could be a noise issue from road or neighboring property)
    • Class Action Building Materials (Siding products, polybutylene plumbing pipe, Chinese drywall, certain electrical panels, Atlas Chalet Shingles, Zurn Pex plumbing fittings).

    Myths & Pitfalls (What doesn’t directly affect value)

    • What a homeowner paid for it
    • What a homeowner owes on it
    • What a homeowner wants for it
    • What the neighbor says it is worth
    • What your family says you should get for it
    • What a seller’s appraiser says it is worth
    • What an agent in another city says it should be worth
    • How much it would cost to rebuild it
    • What the Zestimate is
    • What the tax assessment says it is worth