Top Questions New Zealand Buyers Should Ask at Open Homes
Attending open homes can be both exciting and overwhelming — especially if you’re a first-home buyer. It’s easy to get distracted by polished interiors and forget to ask the important questions that could impact your decision.
Knowing what to ask at an open home helps you look beyond the surface and uncover crucial details about the property, the vendor, and the local area. Here are the top questions New Zealand buyers should ask before falling in love with a home.
1. Why Is the Property Being Sold?
Understanding the seller’s motivation can give you useful insight into how flexible they might be on price or settlement dates. A quick move overseas or a change in circumstances can mean they’re keen to sell faster — creating more room to negotiate.
2. How Long Has It Been on the Market?
If a home has been listed for several months, it might be overpriced or have underlying issues. A property that’s lingered on the market can sometimes present an opportunity to make a stronger offer below the asking price.
3. Have There Been Any Renovations or Building Consents?
Ask about any recent renovations, extensions, or upgrades — and whether they were completed with the required council consents. Unconsented work can cause major headaches when you apply for finance or go through settlement. Always confirm with your lawyer and check the LIM report.
Are There Any Known Issues with the Property?
Be upfront in asking whether there have been leaks, drainage issues, or weathertightness problems. A building inspection is essential, but you can often learn a lot by observing how the agent answers this question. Look for signs of dampness, uneven floors, or cracks in the walls.
What Are the Average Rates and Utility Costs?
Knowing the annual rates, water charges, and power costs helps you understand the true cost of ownership. These ongoing expenses vary by region and can influence your affordability once you own the home.
What’s the Neighbourhood Like?
Ask about local schools, public transport, amenities, and noise levels. Visit the area at different times of day — especially evenings and weekends — to get a feel for the neighbourhood vibe.
How Competitive Is the Market for Homes Like This?
Find out whether there’s strong interest in the property or similar homes in the area. This helps you decide whether to act quickly or negotiate more confidently.
Final Thoughts
Every open home is an opportunity to gather valuable information — not just admire the décor. By asking the right questions, reviewing the LIM and title, and seeking professional advice, you can make an informed decision and avoid expensive surprises later.
If you’re attending open homes this weekend, take this mortgage adviser’s checklist with you — it’ll keep you focused on what matters most before you make an offer.