
This weekly column is written and sponsored by D.C. real estate agent and Edgewood resident Jessica Evans. Email her questions at [email protected].
With open floorplans, shiny new appliances, and modern conveniences like central air, it’s no surprise that renovated homes are a hot commodity in the DC real estate market.
The District had the highest number of home flips in the first quarter of 2017, with no signs of slowing down anytime soon. Unfortunately, some of these homes have expensive hidden issues, where developers or contractors (whether intentionally or unintentionally) cut corners or masked over costly problems that buyers may not detect before purchasing.
Below are my top 10 tips for how to determine if a home is a flip or flop:
1. Check for permits — The DCRA Property Inspections Verification System website is your friend.
2. Check for inspections — inspections are part 2 of the permitting process, certifying that the permitted work was done correctly. The DCRA website (above) may not include 3rd party inspections, ask the seller to provide written documentation.
3. Have a home inspection done — use an inspector who is experienced, and familiar with inspecting renovated homes, ask their opinion of the quality of renovation.
4. Check all major systems — a home that is advertised as “fully renovated” should have all a new HVAC system, roof, and the electric panel should be upgraded to modern capacity.
5. Run all of the water in the house — do the shower floors have the correct slope to drain? Are the drains slow or backing up? Is there water coming out of any drain?
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