Oh man, the flip advice is totally on point. When I was looking at houses last year, there was a home that was a serious 'fixer upper', and we had considered buying it and fixing it. Our realtor noticed significant spaulding on the exterior brick, and the foundation had separated from the walls in the basement. Fast forward a year, and the house was sold, flipped, and sold again. Although the inside looks stunning, there doesn't appear to have been any work to fix the issues we saw, and I feel bad for whomever bought it and will have to deal with structual problems down the road. Great video!
haha yeah, flips can be problematic for sure. I almost didn't put this one in because I didn't want to put all flips into the same box... But at the same time, the majority of them are poorly done in my experience..
One health concern to add with respect to your first point, lead is a big issue with older homes. If you now have or are considering having young kids, old wood windows can be a big exposure source during their formative years. For me, modern windows are a must. Homes built before 1950 often have lead on most of their wood-painted trim, too, so note the condition. Asbestos is another significant removal cost in those WW2 homes and older.
One of your best videos. I appreciate that most of your commentary is uniquely Nova Scotia focused, but it's rare that you can raise points that are both broadly relevant and rarely addressed in other youtube content. I know from personal experience the relevance of these points because I purchased a property with both a high effective age, and a negative grade, and I am definitely feeling the effects.
I appreciate the comments! My first home was a cinderblock foundation with negative grade and a very high effective age... I knew it would be challenging and I learned a lot through that process!
![Felix "Unfair" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/Oswujxm2Ag0/mqdefault.jpg)
Did you buy a home with these features? If so, do you regret it?
Your videos are like a schoolbook for Nova Scotian context - I've never heard of Happy Harry's before!
Oh man, the flip advice is totally on point. When I was looking at houses last year, there was a home that was a serious 'fixer upper', and we had considered buying it and fixing it. Our realtor noticed significant spaulding on the exterior brick, and the foundation had separated from the walls in the basement. Fast forward a year, and the house was sold, flipped, and sold again. Although the inside looks stunning, there doesn't appear to have been any work to fix the issues we saw, and I feel bad for whomever bought it and will have to deal with structual problems down the road.
Great video!
That seems to be all people do these days! Flashy materials and finishes with granite counters, which people go nuts for.
haha yeah, flips can be problematic for sure. I almost didn't put this one in because I didn't want to put all flips into the same box... But at the same time, the majority of them are poorly done in my experience..
@@Hardcopy2362 This is part of the issue. People care too much about aesthetics and not enough about the bones!
One health concern to add with respect to your first point, lead is a big issue with older homes. If you now have or are considering having young kids, old wood windows can be a big exposure source during their formative years. For me, modern windows are a must. Homes built before 1950 often have lead on most of their wood-painted trim, too, so note the condition. Asbestos is another significant removal cost in those WW2 homes and older.
One of your best videos. I appreciate that most of your commentary is uniquely Nova Scotia focused, but it's rare that you can raise points that are both broadly relevant and rarely addressed in other youtube content. I know from personal experience the relevance of these points because I purchased a property with both a high effective age, and a negative grade, and I am definitely feeling the effects.
I appreciate the comments! My first home was a cinderblock foundation with negative grade and a very high effective age... I knew it would be challenging and I learned a lot through that process!
Such good advice! Totally agree with you.
Hi! Is it a bad time to become a real estate agent in NS? Is the market over-saturated with agents? or is it as good a time as any?
For those who will put the work in, I would say it’s never a bad time. Feel free to email me if you’d like to discuss in more detail!