Leaky home in hot demand: ‘I could have sold it 10 times over’


There was huge demand for this leaky home in Scenic Drive as buyers sensed a bargain. It has been sold to a couple for their daughter, who currently lives in a bus.

BARFOOT & THOMPSON

There was huge demand for this leaky home in Scenic Drive as buyers sensed a bargain. It has been sold to a couple for their daughter, who currently lives in a bus.

The leaky home for sale in the Waitakeres that has no Code Compliance Certificate has been sold – with the agent saying there was so much interest, he could have sold it “10 times over”.

Listing agent Iain Scott of Barfoot & Thompson says the house in Scenic Drive was sold to a couple for their daughter, who is currently living in a bus.

Although the property, which was built in the ’90s, has an RV of $915,000, it was listed at $649,000 and sold for $612,000. And Scott says the price was the sticking point. “Lots of buyers wanted to pay a lot less than that. Generally, we might have 100 to 120 potential buyers on the TradeMe watch list; this property had 900.”

Large windows open up the house to the bush and sun.

BARFOOT & THOMPSON

Large windows open up the house to the bush and sun.

“The owners are happy with the sale; they just want to move on.”

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Scott says the purchasers plan to fix the internal guttering and reclad the house, with a view to getting final council sign-off, which would immediately increase the value of the property.

The open-plan family living area is split level.

BARFOOT & THOMPSON

The open-plan family living area is split level.

A 3D Homeview video tour was added to the listing after Open2View area manager Mike Taylor saw the story about the house on Stuff and thought a 3D tour would help with a “tricky sale”.

Scott says the video helped close the deal with the buyers.

“Purchasers could see some of the issues on the house walk-through without having to drive up to the house. The vendor was a bit tired of endless inspections. It was a tricky one for sure, not to sell; there plenty of interest – too much really – but to hold on for a fair price.”

A curved peninsula and a large opening to the living room are features of the large kitchen.

BARFOOT & THOMPSON

A curved peninsula and a large opening to the living room are features of the large kitchen.

While the purchaser did go through the house personally, Scott says there was strong interest from a returning Kiwi based in Australia.

“He was prepared to make an offer based on the virtual open home.”

Scott drew attention to his listing when he described the house as “the good, the bad and the ugly”.

The “bad” features were the lack of a final council sign-off and no CCC.

And the “ugly” features? “Due to failing internal guttering systems the house has a series of leaks and weather tightness is a problem requiring further investigation.”

Two fans and a dehumidifier have been needed in this room.

BARFOOT & THOMPSON

Two fans and a dehumidifier have been needed in this room.

The listing photos made no attempt to hide fans nor the dehumidifier in a bedroom.

But then there was the “good”. The house is 250 square metres, so is a “super spacious family home with lots of downstairs living space (kitchen-family room, separate dining, separate lounge and loads of outdoor decking), and four double bedrooms with two bathrooms”.

Even the bathrooms have leafy outlooks.

BARFOOT & THOMPSON

Even the bathrooms have leafy outlooks.

Scott said the current owners have owned it since the ’90s, before leaky homes had become an issue, and have lived for more than two decades with the ongoing effects of poor materials and a design ill-suited to the climate.

“The system used (in the construction) was guaranteed for 50 years, but it failed in 10. The original design was probably not the best for the Waitakere Ranges, which gets plenty of rainfall.”

Stuff

By the time you read this, Sophie Mubvumbi Jayawardene will have settled on the sale of her leaky home in Mt Roskill, and moved out, which will mark the end of a nightmare.