Smart Questions to Ask When Buying a Home

Buying a home is the largest financial decision most people will make. It’s exciting, but it also comes with risk. Asking the right questions early in the process can help you avoid costly surprises and make confident, informed decisions. Whether you’re a first-time buyer or it’s been a while since your last purchase, here are the top questions to ask when buying a home.

1. Why is the homeowner selling?

Understanding the seller’s motivation can help you gauge how much room there is for negotiation. Are they relocating for work, downsizing, or dealing with a financial issue? This question can also reveal potential red flags, like a home that’s hard to sell due to neighborhood issues.

2. How long has the property been on the market?

If the home’s been listed for a long time, that may suggest it’s overpriced or has problems that have deterred buyers. On the flip side, a new listing may require a quicker decision if competition is high in your area.

3. Have there been any price reductions?

Price drops can indicate that the seller is motivated—or that something’s wrong with the home. Ask your Realtor to help you interpret any changes in listing price over time.

4. What’s included in the sale?

Don’t assume appliances, light fixtures, or window treatments are part of the deal. Ask what’s staying with the home and what the seller plans to take. This should be clearly stated in the purchase agreement.

5. What is the condition of the roof, foundation, and major systems?

Big-ticket items like the roof, furnace, air conditioning, plumbing, and electrical can cost thousands to repair or replace. Ask about their age and condition. Your home inspector will take a closer look, but getting a sense of these ahead of time is smart.

6. Have there been any recent repairs or renovations?

It’s good to know what work has been done and whether it was permitted and completed by licensed professionals. Renovations may add value, but sometimes they cover up problems rather than solve them.

7. Are there any known issues or past problems?

Sellers are typically required to disclose known defects, but don’t hesitate to ask directly. Have there been foundation issues? Mold? Water in the basement? Termites? A seller’s disclosure form is a starting point, not the whole story.

8. What are the average utility costs?

Knowing the monthly cost of heating, cooling, and running the home can help you budget better. Older homes with original windows or insulation may come with higher energy bills.

9. What’s the neighborhood like?

Spend some time in the area at different times of day. Ask about traffic, noise, neighbors, school ratings, and proximity to amenities. Online research helps, but local knowledge goes further.

10. What are the annual property taxes?

Property taxes can vary significantly by location and can impact your monthly payment. Ask what the current owner pays, and whether taxes are expected to increase soon.

11. What are the homeowners association (HOA) fees, if any?

If the property is part of an HOA, get details about the monthly or annual dues and what they cover. Ask if there are any upcoming special assessments.

12. What insurance costs should I expect?

Some homes—especially older ones or those near water—may require higher homeowners insurance. Ask your agent to estimate based on the home’s location, age, and condition.

13. How much should I budget for maintenance and repairs?

While this number varies, a common guideline is 1–3% of the home’s value per year. Older homes may require more frequent upkeep.

14. Is the home priced appropriately for the market?

Ask your Realtor for a comparative market analysis (CMA). Just because it fits your budget doesn’t mean it’s a good deal.

Final Thoughts

Asking the right questions when buying a home gives you more than just answers—it can help to clarify your steps and provide peace of mind. Take your time, lean on your Realtor, and make sure you get a thorough home inspection from an InterNACHI certified professional.

At Pine Point Property Inspections, we specialize in clear, honest reports that help you move forward with confidence. If you’re buying a home in the greater Twin Cities area, we’re here to help.

Have questions about your future home?

Schedule your inspection online at pinepointpi.com or give us a call/text at (651) 383-5252 — we’re happy to walk with you through the process.