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How to read a listing

Listing language is compressed, and compression hides things — usually not deliberately, but because a description has to be short and a house is not. The useful skill is converting each phrase back into the question it was answering.

Phrases and the questions behind them

“Charming” or “full of character”
Frequently means small, irregular, or old in ways that are pleasant to look at and awkward to furnish. Ask for room dimensions and a floor plan rather than more photographs.
“Cosy”
Ask the dimensions. Cosy is a judgement; a metre is not.
“Handyman's opportunity” or “bring your vision”
The house needs work that the seller has decided not to do. Ask which systems are original and when the roof was last replaced, before deciding whether the opportunity is one.
“Sold as-is”
The seller is signalling they will not negotiate repairs. This does not remove the buyer's ability to inspect, and inspecting matters more here, not less.
“Newly renovated”
Ask what was renovated, by whom, and whether permits were pulled. Cosmetic renovation over unaddressed structural or mechanical problems is the most expensive thing a buyer can fail to notice.
“Motivated seller”
Information about a timetable, not about a house. It may indicate flexibility on terms and dates as much as on price.
“Estate sale”
Often means a long-held house with dated systems, decisions made by people who did not live in it, and slower responses because several parties must agree.
“Won't last”
Carries no information about the house. Note the listing date and read the duration instead.

The facts worth extracting

Underneath the adjectives, a listing usually contains a small set of hard facts. Pull them out and write them down for every house you are comparing, and the comparison becomes possible.

What photographs tell you by omission

Photographs are chosen. A set that shows a kitchen from four angles and never shows a bathroom is making a decision. So is one with no exterior shot from the road, no photograph of the rear, or nothing taken in daylight. None of this is proof of anything, but it does indicate where to spend attention during a visit.

Look also at what appears at the edges: the neighbouring building just outside the frame, the pole in front of the house, the slope of the ground at the corner of a shot. The subject of a photograph is what the seller wants noticed; the edges are usually more informative.

A working method

For each listing, write three lines: what the hard facts are, what the description is avoiding, and what the single most expensive plausible problem would be for a house of that age and type. Then compare houses on those three lines rather than on how the listings made you feel. Most of the value of a system like this is that it survives enthusiasm.

Scope

This page describes how to read listing language generally. It examines no actual listing, names no property and no firm, and gives no advice about any specific purchase.

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