Things buyers commonly forget to check when househunting

It can really add up if you need to install several power-points. Picture: Ben Clark

There are so many considerations when buying a property that sometimes it’s easy to forget the little things that make all the difference in comfort (and cost) once you have moved in.

COMFORT MATTERS

The number of power-points is one such example, says CEO and co-founder of removalist platform Muval James Morrell.

“It’s important to consider how each room will be used and how many devices you may need to plug in at any given time,” he says.

James Morrell, Co-Founder and CEO at removalist platform Muval. Picture: supplied.

While it may be the last thing on your mind during an inspection, whether there are adequate or working power-points plays a big part in the liveability of the home.

Hipages trade and director of Stewart Electrical Group Darcy Stewart says a power-point installation generally costs $150-$300 per outlet depending on the socket type, with electricians usually charging about $120-$150 per hour as well as a call out fee for some jobs.

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“If you’re installing several outlets, it’s more efficient to do them all at once to save on multiple call-outs,” he says. “However, keep in mind that older homes may not support the additional load without an electrical system or switchboard upgrade.”

Has the plumbing been maintained over time?

STRUCTURAL ISSUES

Water pressure, warped floors and strange smells are another thing to check, says Morrell.

Hipages plumber Tony Wright from Skillsmart Plumbing says while low water pressure could just mean worn tapware it could also indicate “deeper underlying issues like corroded flexible hoses at risk of bursting, deteriorated pipework or an ageing hot water system” – issues that could add up to thousands.

“It’s not just pressure you need to watch,” he says. “Cracked tiles or worn grout in a bathroom can signal a waterproofing issue, a defect that allows slow leaks to cause rot and structural damage over time.”

Low water pressure could indicate a range of issues.

He suggests getting a pre-purchase plumbing inspection before buying.

Kubra Building Services director Martin Nguyen says water stains and water pooling near the foundations could indicate serious structural issues.

“One of the biggest concerns is the foundation, as this is the most expensive part of a home to repair,” he says. “If the foundation is compromised, it can lead to a chain of issues throughout the house.”

He says it’s important to check the condition of gutters and the roof and whether there are any cracks around doors or windows that allow water in.

Melbourne buyer’s agent Mario Borg says structural issues can impact more than just the property.

A Pest and Building report should always be done.

“A property with unresolved structural repairs can be harder to insure and to finance,” he says. “A buyer should not assume that a home loan pre-approval is a guarantee for finance, as a pre-approval is usually subject to ‘satisfactory property and satisfactory valuation’ to the lender.”

LOCATION FACTORS

A lot of people are so focused on the property itself, they forget to check out what it’s happening around it, says Morrell.

“Are there any new buildings going up that might block your view or bring more traffic and noise?” he says. “And seriously, try driving the commute during rush hour, 7am and 6pm are totally different vibes than a calm afternoon visit.”

It’s also worth checking your local council website and state based planning tools like VicPlan or the NSW Planning Portal to see what developments are planned in the neighbourhood, he adds.

Buyers agent Mario Borg. Picture: supplied

Borg says this is also important for ensuring the future value of the property over time.

“A property in a desirable location tends to outperform others in terms of value growth,” he says.

ONGOING COSTS

Don’t forget to add in the cost of Strata if you are buying into a Body Corporate complex as well as the cost of insurance, says Morrell.

“Termite inspection history is another thing people forget, but it’s super important,” he says.

“Homebuyers can usually access a property’s termite inspection history by asking the seller or real estate agent. They may be able to provide past reports or disclose any previous termite issues in the vendor statement.”

If there is termite management in place, you may have to pay for ongoing service.

If there is termite management in place, this may come at a cost. Picture: Nigel Hallett

LEGAL OVERSIGHTS

Morrell says it’s crucial to organise a Pest and Building report.

“Make sure you check the property title and boundaries too, so you don’t accidentally step on someone else’s turf later on,” he says. “Keep an eye out for any easements or covenants; they might come with rules about shared access or what you can actually do with the place.”

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