Top Red Flags to Look for When Buying a Home

Walking through a home for the first time is exciting. You imagine yourself living there, decorating, and settling in. But beyond how the place looks, smart buyers know the most important step is asking the right questions. The answers can save you thousands of dollars and prevent regret down the road.

Here are the key questions to ask at a showing, especially if you are buying in Vancouver’s competitive real estate market.

Why Asking the Right Questions Matters

Paint colors can be changed and furniture can be replaced. What you really need to know is the condition of the home and the potential financial risks. Asking the right questions helps uncover hidden issues that might not be visible during a quick tour.

Question 1: How Old Are the Major Systems?

The roof, furnace, and hot water tank are some of the most expensive items to repair or replace. Ask the seller or their agent about the age of each system and whether maintenance records are available.

In Vancouver’s condo market, also check for shared systems like boilers and elevators. Their age and replacement timeline can affect your strata fees.

Question 2: Have There Been Any Insurance Claims or Past Issues?

Previous water damage, fire, or structural repairs can affect the long term durability of a home and may raise your insurance premiums. Always ask about past claims, repairs, and whether the seller has documentation.

For condos, review the strata meeting minutes. They will reveal if there have been repeated issues with plumbing, leaks, or other costly problems.

Question 3: What Do the Strata or HOA Fees Include?

If you are buying a condo or townhouse, strata fees can range from a few hundred to nearly a thousand dollars per month. Find out what is included. Some fees cover heat, hot water, and amenities like gyms, while others only handle building insurance and landscaping.

Knowing exactly what is covered helps you compare properties fairly and budget accurately.

Question 4: Are There Upcoming Special Levies or Big Projects?

In Vancouver, it is common for older buildings to require major projects such as building envelope repairs, roof replacements, or elevator upgrades. Ask directly if there are planned levies or large capital projects in the next three to five years. These can add tens of thousands of dollars to your costs.

Question 5: Everyday Life Questions That Matter

Do not forget about quality of life. Ask questions like:

• What internet providers are available in this building or neighborhood?
• What day is garbage and recycling pickup?
• How noisy is the street at night?
• How easy is parking for guests?

These may sound small, but they affect your daily enjoyment of the property.

Bonus Tip: Take Notes and Photos

During a showing it is easy to get caught up in the moment. Take notes on what you learn and snap quick photos of key details like the hot water tank label or the electrical panel. These details will help you compare properties later.

Conclusion: Focus on the Questions That Save You Money

Asking smart questions at a showing turns you from a casual viewer into an informed buyer. Roofs, systems, strata fees, and upcoming projects all have major financial impact. When you know what to ask, you can make confident decisions and avoid expensive surprises.

Looking for a full buyer showing checklist? Reach out and I will send you the exact guide I give my clients so you walk into every showing prepared.

Sasha Hahn