Punch List

A punch list is the final checklist of defects, unfinished items, and touch-ups that need to be fixed before a construction project is considered complete — and rushing through it is one of the most expensive mistakes new homeowners make.

When It Happens

The punch list walk-through typically occurs after substantial completion of new construction or a major renovation. The builder says “we’re done,” you walk through the home with the builder or project manager, and together you document everything that isn’t right. This is your last chance to get things fixed on the builder’s dime before final payment.

What to Look For

Paint touch-ups, drywall imperfections, scratched flooring, cabinet doors that don’t align, outlets that don’t work, doors that stick, trim gaps, caulking misses, grout inconsistencies, hardware that’s loose. Check every faucet, every light switch, every outlet. Open and close every door and window. Run all appliances. Flush every toilet. Turn on the HVAC and check each room for airflow.

Don’t just do a visual scan. Get on your hands and knees and look at flooring transitions. Stand at different angles to catch drywall ridges in natural light. Run your hand along countertops to feel for chips or rough spots. Bring a phone charger to test every outlet.

Negotiating Completion

Withhold final payment (typically 5-10% of the contract, called retainage) until every punch list item is resolved. Once you pay in full, your bargaining power drops to almost zero. Set a clear deadline — 14-30 days is standard. Put the punch list in writing with photos and get the builder’s signature acknowledging each item.

If you’re buying new construction from a production builder, they’ll have a warranty department that handles punch list items post-closing. But getting things fixed before closing is always easier than after. The home services hub has resources for finding independent inspectors who can do a professional punch list walk-through with you.