Find out how to determine whether a home has “good bones.”
People frequently talk about “good bones” when it comes to purchasing a home, but it’s not crystal clear what that actually means. It can be an argument for purchasing a superficially unattractive home, but there are also plenty of residences that have been badly designed, poorly remodeled, or not flexible enough for your lifestyle. It takes a bit of coaching to train your eye to see the possibilities—while also avoiding pitfalls. Below, we walk you through the process of spotting a diamond in the rough.
1. Look Out For Structural Weaknesses
When sniffing out a home with hidden potential, first make sure that its structural elements—quite literally the building’s bones—are in good shape. It’s important to confirm that there are no rotten columns, beams, or other damaged supporting elements; no termite damage; nor any other structural issues. Although these areas can be difficult to spot without a close inspection, there are some subtle hints you can look for: water damage on floors and ceilings can indicate areas of possible mold or rotten wood, while buckling or swelling floors or walls may indicate termite damage.
While not always a deal breaker, these problems can be extremely expensive to repair, and if you’re going to be putting money into a home, you ideally want it to be in places where you’ll see or feel the result, not in areas that are hidden under floorboards or behind walls.
2. Location, Location, Location
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