“Most buyers are not experienced enough to know the difference between good or poor construction, says Fiona Dogan, an agent… so it’s best to enlist the aid of a reputable home inspector who is experienced at spotting red flags and problem areas.”
As a generation of thrifty and handy DIYers comes of age, some are looking for a low-cost property that they can slowly renovate into a dream home.
Still, real estate experts recommend that buyers look for a property with “good bones,” meaning that there are no structural problems that might haunt the homeowner later.
A house with “good bones” has crucial elements intact and in good condition, says Amatore Laporta, president of A&A Design Group Ltd., an architectural firm and general contracting company in Chicago.
That includes a solid foundation, sound roof, quality windows and 2-by-6 construction (use of 2-inch by 6-inch studs in the framing of exterior walls).
Today’s buyers who are looking for a “fixer upper” can assess curb appeal and interior finishes on their own, and they might be willing to overlook an outdated kitchen or too-small master bedroom. However, these structural elements can be expensive or impossible to fix, and could make or break a deal.
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