Buying guide
Should I buy a monolithic cladding house? Understanding NZ leaky homes
Properties with plaster or monolithic cladding can be risky purchases, but they're not all leaky.
AI summary
Buying a monolithic cladding house carries risks due to NZ's leaky homes crisis, especially for homes built between 1987-2005. While not all plaster homes leak, they require extra caution.
Look for warning signs like:
- Mould or fungi
- Sagging ceilings
- Discoloured materials
Repair costs can exceed $330,000, so a specialised building inspection focusing on moisture is essential before you commit to buying a property with this type of cladding.
What exactly is a leaky home?
What caused the NZ leaky homes crisis?
Monolithic cladding — the main culprit?
Not all plaster homes leak, but they may be at a higher risk.
How can I spot a leaky home?
If you keep your eyes open during a property inspection you may be able to spot signs that a home is leaky.
Not all plaster homes are leaky but they should be approached with caution.
The cost of fixing a leaky home
Should I buy a monolithic cladding house?
FAQs — Navigating leaky homes in NZ
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