Real Property Management Apex

How to Spot a Bad Property Renovation

If you’re keen on investing in real estate, taking a single-family rental property could be advantageous. Nevertheless, when going after your next investment property, you must be aware of the signs of a faultily executed renovation. A shoddy renovation can give rise to highly-priced repairs and maintenance costs, negatively impacting your overall return on investment.

So, what are the common signs of a lousy renovation? Some of the clear signs include awful workmanship, substandard materials, and incomplete projects. Here, we discuss some of the typical signs of low-quality renovations so you can easily avoid them.

Rushed Workmanship

During a property inspection, paying close attention to signs of rushed workmanship is weighty. Watch out for uneven surfaces, like wavy walls or flooring with apparent slopes, which could mean poor attention to detail during renovations. Misaligned fixtures may point to rushed installation or flawed measurements. For instance, doors that don’t close smoothly or unevenly hung cabinets. Equally, it’s principal to look out for inconsistencies in finishing such as gaps in trim or uneven paint application, which can characterize a rushed completion.

In bathrooms and kitchens, carefully look for dirty grouting and caulking, including palpable patches or uncorrected errors, which can disclose potential issues that were overlooked during the renovation process.

Dangers of Low-Quality Materials

Cover-Ups and Quick Fixes

Be cautious about cover-ups in property renovations. Freshly painted foundations or walls might obscure structural flaws or cracks. Quick cosmetic upgrades, for example, new tiles or paint in specific areas, could mask underlying problems.

Look for inconsistencies or variations in finishes that might mean attempts to cover issues. Be alert for hasty fixes that seem unbalanced to the overall renovation, as they might cover deeper, unsettled issues.

Inconsistency in Design and Craftsmanship

While inspecting a property, pay attention to design inconsistencies and craftsmanship variations. Sudden changes in style or inconsistent quality between areas could indicate more than one contractor or a lack of cohesive vision.

Deviations in craftsmanship quality may be exhibited in finishes, fixtures, or structural elements. Being aware of these flaws helps assess the overall quality of the renovation and likely underlying issues that might call for closer examination or alterations.

Documentation and Permits

Careful and detailed documentation and valid permits are focal in assessing property renovations. A lack of proper licenses may signify that the renovation work was brought off without compliance with local building codes or regulations. To secure compliance, inquire about the authenticity of renovation details with local authorities.

Proper documentation secures the legitimacy of upgrades and presupposes adherence to regulations, insulating against risks resulting from unpermitted or non-compliant renovations. Inquiring about permits and documentation certifies a smoother investment process and reduces the possibility of legal or structural issues as time goes on.

Structural Integrity

Verifying structural elements during property inspections is important. Indicators like sagging ceilings, wall cracks, or uneven floors could mean potential structural issues. Any visible signs of structural compromise, like these, warrant closer examination by a professional. Identifying and dealing with structural concerns at the inspection stage helps prevent future highly-priced repairs and ascertains a secure investment in the property.

Detecting signs of rushed workmanship, cover-ups, inadequate documentation, and structural issues during property evaluations is relevant for investors. These indicators typically hint at deeper problems that might not be visible. Being diligently aware during property inspections secures against investing in a property that might seem excellent on the surface but harbors underlying issues due to subpar renovations. By prioritizing an all-inclusive evaluation, investors can make more informed and helpful investment choices in the real estate market.

 

If you hope to make wise real estate investments in Temple, look no further than RPM Apex. Our services offer market research and other valuable resources to aid real estate investors. Please get in touch with us online or call 254-732-1599.

 

Originally Published on July 22, 2022