Off The MRKT

Your guide to New York real estate and more

Off The MRKT - Where New York's, Real Estate, Life Style, and Culture Converge

  • Real Estate
    • New York
    • Hamptons
    • Florida
    • Philadelphia
    • Connecticut
    • Submit Your Open House
  • Food & Wine
    • Wine and Spirits
    • Where To Drink and Eat
  • Events
    • Events Gallery
    • Submit an event
    • Calendar Listings
    • Open Houses
  • The Look
    • Travel
    • Health and Fitness
    • Fashion
    • Lifestyle Guide
  • About

12 Features That Should Make You Think Twice When Buying Real Estate

January 24, 2024 by Jeremy Lindy

Whether you’re looking for a cozy nest or a sprawling mansion, buying property is as big as deciding to watch all seasons of a show in one go – it’s a major commitment! But hold your horses (or your house-warming party plans), because there are certain features in a property that should make you pause and ponder. Let’s take a stroll through the land of real estate red flags.

1. An Overabundance of wildlife

Real estate agents, if they are being totally honest, will tell you that if you notice more wildlife on the property than at your local zoo, you might want to think twice about making a bid on the place. Yes, animals are pretty cute, but you’ll find them a lot less cute when they’re digging up the garden, burrowing into the kitchen to eat all of your stuff, and gnawing away at the electrics, right?

2. A Soggy Yard Space

A perpetually wet yard can be a sign of poor drainage or even worse, a hidden swamp. Unless you’re planning to reenact scenes from ‘Shrek,’ a soggy yard could spell trouble because no one wants to be knee-deep in bog when they’re trying to relax and have a BBQ with the family, right?

3. The House of Squeaks and Creaks

If walking through the house feels like you’re in a horror movie with all the creaking floors and rattling windows, you may want to reconsider. These sounds aren’t just the building settling; they’re the cries of an old, weary house in need of some serious TLC.

4. An Abundance of For Sale Signs

Take a gander at the neighborhood, and if there are more ‘For Sale’ signs than trees, it could be a red flag. It’s like being the last one standing in a game of musical chairs. Why is everyone leaving? Is there a local boogeyman?

5. Patchy Paint Jobs

Patchy paint jobs are like bad makeup – they’re trying to hide something. Be wary of freshly painted walls or ceilings, especially if it’s just a patch here and there. It could be covering up mold, water damage, or a portal to another dimension (okay, maybe not the last one).

6. Cracks and Gaps Galore

When checking out a property, it’s so very important to watch out for significant cracks in the walls or foundation. These are like the wrinkles of a house, but they don’t signify wisdom, just potential problems. Cracks could indicate structural issues that can be as expensive to fix as buying a small island.

7. Bathroom Issues

Give the bathroom more than a cursory glance. Check for mold, weak water pressure, or a toilet that runs more than Forrest Gump. Bathroom issues can be a sign of plumbing nightmares that lurk beneath.

8. Dodgy DIY

Beware of the DIY disaster. If it looks like the previous owner fancied themselves as a bit of a Bob the Builder but had the skills of a bull in a china shop, tread carefully. Dodgy DIY work can be costly to rectify and might be hiding more serious issues.

9. Funky Smells

Trust your nose always. If you’re greeted by a whiff of something funky, and it’s not leftover pizza, be alert. Musty smells could indicate dampness or mold, while a sulfuric stench could mean gas leaks. It’s like the house is trying to communicate through smells – and not in a good way.

10. The Too-Good-To-Be-True Price Tag

If the price seems too good to be true, it probably is. It’s like finding designer shoes at a ridiculously low price – you might end up with a knock-off or something that falls apart after a week.

11. Neighbors with Issues

Do a bit of eavesdropping or chit-chat with potential neighbors. They can offer invaluable insights about the area, the property, or even the reasons behind the sale, and if they have anything bad to say or you don’t vibe much with them at all, it could be time to think again.

12. Room Sizes You Aren’t Sure Of

Don’t just eyeball room sizes if you want to make the right decision. If you have big furniture, measure the rooms properly, and don’t take it on faith the room looks too big or small as that way errors can be made, and you know you don’t want to find out on moving day that your beloved, king-size bed is more like a wall-to-wall mattress in your new bedroom.

Buying real estate can be a bit of an adventure, or more accurately, a misadventure, if you don’t know what you are doing but are armed with these tell-tale things urging you to take pause and think twice, you’ve got it all in hand, right?

Featured
Wallpaper Wonders: Transforming Luxury Spaces into Artistic Masterpieces
Wallpaper Wonders: Transforming Luxury Spaces into Artistic Masterpieces
INT28_PH Terrace Looking East E (The Boundary).jpg
The Most Private Miami Penthouse Pools to Make a Splash
Choose the Right NYC Neighborhood for Your Family
Choose the Right NYC Neighborhood for Your Family
Where to eat and be merry after checking out the Rockefeller Center Tree Lighting
Where to eat and be merry after checking out the Rockefeller Center Tree Lighting
small-room-window-blogbanner-1 (1).jpg
How To Maximize the Potential of Your Small Living Room
6 Garage Renovations That Immediately Boost Home Value
January 24, 2024 /Jeremy Lindy
  • Newer
  • Older
 
Off The MRKT Articles RSS

Follow Off The MRKT: Facebook | Twitter | Instagram
Contact us: Jeremy@Offthemrkt.com                                                                                           

Advertise | Off The MRKT Internship Program | Byline | Bible

Want More?

Want more awesome content like this? Sign up and get our best articles delivered straight to your inbox!

Thank you!
Our favorite listing this week is 508 West 24th Street, Unit 5th Floor, home to NBA Player Carmelo Anthony. The ten-time NBA All-Star, has listed his New York City condo. The home is the largest unit in the Cary Tamarkin designed building at 508 W 24
251 East 51st Street, Unit 2M, listed on the market as a Compass "Coming Soon," is a recently renovated, perfect pied-a-terre (and ideal one bedroom for all the rest of us). What truly sets this pad apart from the rest is the dreamy outdoor
Our last #openhouse roundup will you be checking out this #parkslope home?

#nycrealestate #brooklynrealestate #milliondollarlistings #luxuryhomes #OffTheMRKT
DNA Development announced that closings have commenced at 350 West 71st Street, the successful Upper West Side luxury conversion that seamlessly combines two historic pre-war buildings into one stunning contemporary condominium with a classic fa&cced
Our favorite listing this week is located at One West End, the sculptural glass residential tower designed by Pelli Clarke Pelli within Riverside Center. At $19.5 million, 29B offers 5,302 square feet of interiors space, with four bedrooms, five and
Looking to live in one of the trendiest neighborhoods in Manhattan? SoHo offers some of the most luxurious prime New York Real Estate. Known for its largest collection of incredible architecture in the entire world, SoHo is the heart of the historic
Following the unveiling of Rose Hill, one of the new residential developments in Manhattan's NoMad neighborhood that represents a modern era of Gotham-esque architecture and design by award-winning New York-based design firm CetraRuddy, legendary dev
The ethereal master bath at @theXInyc West Tower Penthouse features a custom sandblasted verde caldia floor, a carved verde scuro tub, and bronze vanities with marble tops designed by #AD100 French interior architect @pierre.yovanovitch.

Situated in