Common Red Flags When Buying a Home
Common Red Flags When Buying a Home
Buying a home is exciting, but it’s important to look past the fresh paint and nice furniture. Almost every home, even a new one, will have minor imperfections. The key is to identify the major warning signs—or “red flags”—that could turn your dream home into a costly nightmare. This guide will teach you what to look for so you can spot potential issues early and make an informed decision.
Foundation & Structural Issues
A strong foundation is everything. These are the most serious red flags to watch for:
- Significant cracks in basement walls or floors (especially horizontal ones).
- Doors and windows that stick or don’t close properly, which can indicate shifting.
- Uneven or noticeably sloping floors.
- Signs of water intrusion or pooling near the foundation.
Plumbing Problems
Some older Edmonton homes still have Poly-B piping (grey plastic pipes used from the late 70s to mid-90s), which is known to fail and can be costly to replace. Other issues include:
- Low water pressure throughout the house.
- Active leaks under sinks or behind toilets.
- Water damage stains on ceilings or walls.
Electrical Concerns
Outdated electrical systems can be a fire hazard and are expensive to upgrade. Watch for:
- Outdated wiring in older homes (e.g., knob-and-tube or aluminum wiring).
- Lights that flicker when other appliances turn on.
- An insufficient number of outlets for modern living, suggesting an older system.
Roof, Windows & HVAC
These are “big-ticket” items. A problem with any of them can mean thousands in unexpected costs:
- A roof that is visibly worn, has curling shingles, or is near the end of its typical 20-25 year lifespan.
- Windows that are drafty, have broken seals (fogging between the panes), or are difficult to open and close.
- A furnace or hot water tank that is older than 15 years.
Signs of Poor Renovations
A quick “flip” isn’t always a quality renovation. Be wary of poor workmanship:
- Uneven flooring, sloppy tile work, or bad paint and trim.
- Anything that looks like it was done unprofessionally by a DIYer.
- Unpermitted basement suites or additions, which can cause legal and safety issues.
If you’re considering new builds, compare them with our guide: New Build vs Resale Homes.
Neighbourhood Red Flags
Even a perfect house can be a poor investment if the area isn’t right. Consider:
- Excessive traffic or noise from nearby roads or commercial properties.
- A lack of essential amenities like grocery stores or parks.
- A high number of vacant or poorly maintained properties in the immediate area.
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Final Thoughts: Your Next Step
Spotting a red flag doesn’t always mean you should run away—it means you need to investigate further. A trusted Realtor® and a qualified home inspector are your best protection against buying a money pit. An inspector will give you a detailed report on the home’s condition, turning potential red flags into a clear list of facts. For a detailed list of what to look for, see our Home Inspection Checklist.
Home Search FAQs
If you’re ready to start your home search, you can contact us here.
How many homes should I see before making an offer?
There is no magic number. Some buyers find the perfect home on their first day, while others may look at 20 or more. The goal isn’t to see a certain number of homes, but to become educated on the current market. Once you feel you have a strong sense of what your money can buy in your desired neighbourhood, you’ll know the right home when you see it.
What are the biggest red flags to watch for during a showing?
Beyond cosmetic issues, look for major potential problems. Key red flags include signs of water damage (stains on ceilings or in the basement), a strong musty or damp smell, major cracks in the foundation or walls, and an electrical panel that looks old or disorganized. Also, pay attention to the condition of big-ticket items like the roof, windows, and furnace.
Should I be concerned about a house that has been on the market for a long time?
Not necessarily. A long time on the market doesn’t always mean there’s something wrong with the house; it’s often a sign that the property was initially overpriced. If the price has since been corrected, it can represent a great opportunity to purchase a solid home with less competition. It’s a situation that warrants further investigation, not automatic dismissal.
How do I know what a home is really worth?
The true market value of a home is determined by what similar properties in the area have recently sold for. As your Realtor, we provide a detailed comparative market analysis (CMA) for any home you are serious about. This report compares the property to other recent sales, active listings, and expired listings, giving you the hard data needed to make a confident and informed offer.
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