Questions Every Buyer Should Ask at an Open House

Attending an open house can be an exciting experience, but it’s easy to get caught up in the moment and forget to ask crucial questions about the property. As your trusted Grey Bruce REALTOR®, I want to ensure you’re fully prepared to make an informed decision. Here are some essential questions that buyers often overlook during open houses:

Property Specifics

• Age and Condition of Major Components
• How old is the roof?
• What’s the age of the furnace, air conditioner, and other HVAC equipment?

These questions can give you insight into potential future expenses and the overall condition of the home’s critical systems.

Included Items

• What inclusions and exclusions are there?

Be specific about kitchen appliances, gas-connected BBQs, chandeliers, and window coverings. Knowing what stays and what goes can help you budget for any necessary purchases after moving in.

Neighbourhood and Location

• How does the price compare to similar properties in the neighbourhood?
• What are the key features of the neighbourhood?

Understanding the property’s value relative to the local market is crucial for making a competitive offer. Ask about amenities, safety, traffic patterns, access to public transit, and property turnover rates. These factors can significantly impact your daily life and the property’s long-term value.

Potential Issues

• Are there any potential obstacles to the sale? Inquire about tenants, outstanding liens, or other factors that could complicate or delay the purchasing process.
• Are there any outstanding maintenance issues or necessary repairs? Look for things like cracked tiles, leaky faucets, or other visible problems that might need addressing.

Property Use Limitations

• Are there any issues that impact the full use of the property? Ask specifically about shared driveways or walkways, public “right of way” through the property, and water drainage rights from neighbouring homes.

Final Thoughts

Remember, an open house can feel hectic, especially if it’s a property you love. You might feel pressured to make an offer quickly, but it’s crucial to take your time, ask the right questions, and consider your decision carefully. You don’t want to discover important details after it’s too late.

As your REALTOR®, I’m here to help you navigate these questions and ensure you have all the information you need to make the best decision. Don’t hesitate to reach out if you need assistance during your home search or have any questions about the buying process. Happy house hunting!

Looking to buy, sell, or invest? As your REALTOR®, I’ll guide you every step of the way. Contact me today and let’s turn your real estate dreams into reality!

For more information, contact:

Susan Moffat, REALTOR® with Century 21 In-Studio Realty Inc., Brokerage
519.377.5154
susan.moffat@c21.ca