r/PropertyDevelopment

I’ve had my offer accepted on a house , after doing a second viewing I noticed lots of cracks mainly running along skirting boards , door and window frames. There is also damp in places . There is a loft conversion ( no regulations ) agent said the seller has never had any . So it’s been marketed as a 2 bed plus loft space . I noticed a long vertical crack on the archway which leads to the staircase to the loft ( shown in photos ) I know old houses come with some problems but I’m stretched to limit on this and if it needs major repairs I won’t have any spare cash to get stuff fixed . I know to move forward I would need a level 3 survey done to put my mind at rest . Not sure if to go ahead or walk away .If this falls through it will be so deflating as I’ve been house hunting for 5 months at the same time I can’t take on what could be a money pit . Any advice out there would be appreciated.

I’m one of the founders of SiteX, a mobile app built to help land buyers estimate site-prep and development costs before buying or building.

The problem we’re focused on:

A buyer can usually see the parcel lines, listing price, comps, flood maps, and basic property data — but they often still have no real idea what it may cost to make the land buildable.

SiteX helps analyze things like driveway, grading, clearing, slope, utilities, septic/well considerations, drainage, and access so buyers can spot potential cost issues earlier.

It is not meant to replace professional due diligence. It is more of an early screening tool before someone is financially committed to a property.

For people in real estate tech / proptech:

Would you think of this more as land due diligence, build feasibility, site-prep estimating, or a “land inspection report”?

And what do you think would be the hardest part of adoption — buyer trust, agent adoption, cost accuracy, or explaining the category?

r/PropertyDevelopment

Buying a 1910 house .. but discovered lots of large cracks and damp

We built a land due-diligence app that estimates site-prep costs before someone buys — looking for proptech feedback