RED LIGHT These problems can be incredible costly. Run away. | YELLOW LIGHT These issues may be fixable. Consult a pro to determine. | GREEN LIGHT Fixing these problems will return at least some of your investment. |
Major cracks in the foundation To fix major foundation cracks, the house often needs to be propped up. | Leaking or sagging roof Ask the roofer if you can plop on a new one (cheaper) or if you must strip the old (more costly). | Too few bathrooms A half bath could run $15,000 but it can increase the home's value by 12%. |
Sagging stairs One loose tread is okay, but if the entire staircase bows, you may have foundation problems. It's a big job - see above. | A 20-year old boiler A more modern system (which you will likely have to install within a few years), will cost thousands. | Outdated kitchen Revamping a kitchen can return 75% to 100% of your investment on resale. |
Leaks or water damage A long-term leak can rot your carpet and your walls, cause mold and require extensive repairs. | Mature trees within 15 feet Roots can grow into pipes causing leaks or sewage backups. | Too-small rooms Adding an archway or moving a non-load bearing wall can open the layout at a cost of around $7,000. |
Termites Mud tubes and hollow wood are signs of a serious infestation, particularly worrisome if the house has a wood frame. | High radon levels To mitigate this lung cancer risk, you must install a ventilation system. | Cracked, drafty or warped windows New, energy-efficient windows cost as little as $200 each and can make a big difference in appearance and heating bills. |