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Pricey Home Repairs

By
Real Estate Agent with Pavlik Real Estate Group

As homeowners, we all try to maintain the places we come home to every day in the best possible shape and free of defects. Sometimes these repairs require too much money out of pocket, necessitating the need to put them off until time and money allow. When it comes to actually selling these homes in cities like Aventura however, these necessary fixes play a major role.

Research shows that over thirty percent of existing homes in the Miami real estate market have a serious defect of some kind. While most of these errors are more or less an afterthought during a time when prices for Miami Beach condos and Miami homes are unusually low, some of these defects can come at a considerable cost to buyers so they’re important to watch out for.

Among the common defects home inspectors come across are faulty roofing, accumulated moisture in the basement, and even insect infestations ranging from termites to ants. Air condition systems with faulty parts are also known to be a common problem even in high end property. Again these are all problems that can be remedied by taking the do-it-yourself approach or hiring a professional but the accompanying price tags can be considerable.

Take for example that aforementioned basement moisture. It may not seem like much in terms of getting it fixed but repairing a basement that’s all wet can cost over $4,000 to repair. And just the compressor component alone for a faulty air conditioning unit will require shelling out more than a thousand dollars.

Part of the buying process involves the optional home inspection report which means you’ll know about these defects before signing any contractually obligating paperwork so be sure to take these things into account if you’re seriously considering buying a home or condo with such problems.