If you’ve been searching for a home, you’ve seen the term “move-in ready.” This description sounds very appealing. But, understanding what it sometimes means is important, so you have the right expectations when touring homes.
If you’ve searched through real estate listings, you’re familiar with the fluffy language agents use to market homes. Different areas might have different standards for what is or isn’t appropriate to say in a real estate listing. Rest assured, however, there are guidelines and rules which prevent blatant lying. Nevertheless, buyers need to remember that the listing agent or broker has written the description. It’s their job to entice buyers to come to visit the home.
The meaning of “move-in ready” is fairly straightforward; it means that the home is in a condition that is acceptable for immediate occupancy. A “move-in ready” home meets the standards of living and assures the buyer that the essential elements needed to occupy the home are present and in running condition. For example, the home should have working plumbing, appliances, a sound roof, electricity, gas, and locking doors and windows.
What “move-in ready” does not necessarily mean is that the home is in pristine condition. A home that is “move-in ready” might still need significant updating. While the home’s systems are assumed to be operational, they might also be old or outdated.
“Move-in ready” is a common phrase in real estate listings. However, understanding ahead of time that a “move-in ready” home might still need quite a bit of work to suit your taste and lifestyle, you can approach the listing with realistic expectations. Realistic expectations will make it easier for you to determine if the property is the right fit for your needs.