9 so-called flaws to ignore while house-hunting

In the market for a house? You probably have a list of all the things you want — a big backyard, a farmhouse sink, hardwood floors — but ironically, that list might actually cause you to overlook your dream home.

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"A lot of first-time home buyers really think newer is always better," says Corbett. "But that's not necessarily the case." Some homes built decades ago have stood the test of time because they were built with solid, quality materials and have a classic style, while some newer homes are affordable simply because they were built cheaply and quickly. Older homes also typically have more charm, character, and livable space. "Sure, it's probably going to need some TLC and you may have some weekend projects," he says. "But the upside is that it leaves you more room to negotiate on the price."

"A floral explosion and a 1990s throwback in a room is no big deal," says Corbett. "although it might hurt your eyes upon first glance." Wallpaper is easily removed or covered over — and, as mentioned above, a coat of new paint is about the easiest home improvement you can make. Once you change your walls, the room will have a whole new vibe. And, then again, you never know: Wallpaper is also making a comeback.

Of course you want a Sub-Zero fridge and a Viking six-burner gas range — who doesn't? But if the house has a yellow fridge from the '60s, that shouldn't be a deal breaker, says Corbett. "The kitchen is the heart of the home, and often the appliances aren't going to live up to your dreams," he says. "As long as you have room in your budget or a timeline to replace the existing appliances, try and look past it." Also, keep in mind that cabinets, pulls, and sinks/faucets can be replaced easily and cheaply — and can instantly upgrade any kitchen.

When you move into a new abode, you'll want to replace the old carpet and get a clean "sweep" — and it's affordable to do so. "There are so many great new fibers and fabrics out there now, so you have lots of great cost-effective choices that have great durability," says Corbett. "If you want to go the hardwood route, there are an array of synthetic alternatives that mimic the look of real wood but at a fraction of the cost."

Does the house smell like an ashtray/kitty litter box/landfill? With the exception of a serious mold problem, an odd smell is likely nothing a deep cleaning can't fix, say Corbett. "Plug your nose and focus on the home's bones and potential when you give it your own touch," he says. When it's yours, you can aerate it, rip out the carpet and drapes, and throw some fresh paint on the walls — it will be as good as new.