This is an interesting idea, but if you are planning to try to make a business out of this (it's unclear if you are to me) I don't believe that people will be on the same wavelength as you about the history of a house.
This is an interesting idea, but if you are planning to try to make a business out of this (it's unclear if you are to me) I don't believe that people will be on the same wavelength as you about the history of a house.
If it doesn't make sense for homeowners, I'm also wondering if there's an interest in using a tool like this for the upkeep of buildings and structures in the public interest (schools, infrastructure, etc.), in which case transparency and ability to transfer knowledge might make more sense. But I know that's a completely different animal altogether.
What if your renovations aren't good enough and the buyer has to spend 1/3 of the buying price to repair your work?
If you want to sell a shithole, at least, be honest about it, you'll do everyone a favor.
I don't like surprises after the selling.
I'm someone who's still getting surprises from his property purchase (UK leaseholder, converted Victorian terrace).
I would have loved to know ahead of time about forthcoming issues I'd have to deal with that the survey didn't pick up.
Would likely still have gone ahead with the purchase (I was in a baby-induced rush), but with a stronger bargaining position. It's not as if UK property prices are reasonable in any case.
I _personally_ feel that not declaring serious flaws just because it's not legally required equates to lies by omission.
If the buyer hides problems from me, I will still have to deal with it, and it won't be included in my loan, so it will be out of my pocket.
An advice from my father: Visit houses in winter and not in summer, you can't check the isolation in summer.
In my experience, honesty in any business works better than lies.