Are You Making A Crucial Mistake Before You List Your Home For Sale?
So you’re looking to sell - you have engaged an agent, booked the professional photos and approved a marketing plan. You’re good to go right? Wrong.
Did you know that vendors who conduct a building inspection prior to listing have a 55 per cent less chance of their contract falling over at the final hurdle?
Building inspections can prove valuable for two reasons. One – they bring any problems to light prior to the home being listed so that they can rectified and two – eliminates buyers asking for price reductions to conduct any repair work.
Some of the most prevalent issues found on building inspection reports include:
The plumbing system in any home is intricate, but it can also be the source of problematic results on a professional building inspection report. Outdated, deteriorating or incompatible piping aren't unusual, as are waste line issues and faulty fixtures. Plumbing defects are among the most common problems discovered by professional building inspectors, and can affect the sale of a property if they're not properly addressed.
Either as a result of building defects, general wear and tear or plumbing issues, structural defects can and do happen. Lack of maintenance, undetected leaks due to poor roofing or plumbing and degradation as a result of poor ventilation are just a few of the factors which can contribute to structural defects. Environmental factors and initial building practices can also contribute to cumulative damage sustained to rafters, floor joists, foundation walls and other structural components – which is especially common in older homes.
One of the most popular trends in modern home design, renovations and upgrades is energy efficiency. Saving money and reducing energy usage are admirable ideas, but as with anything in life, you can have too much of a good thing. Homes which have been aggressively sealed against heat loss can, in fact, be sealed tightly enough to inhibit air flow and ventilation. The result is a high level of moisture within the home, which can lead to mould growth, water damage and rot.
The primary issue disclosed on many building inspection reports is related to the drainage. A thorough, professional building inspection covers more than just the primary structure. A building inspector will also evaluate crucial aspects of the surrounding property to determine the potential for water damage and cracked slabs due to grading and drainage deficiencies. While this is a relatively common problem reported during building inspections, it can also be one which is remedied with ease. In many cases, the repair or installation of new gutters, downpipes and re-grading around the structure can lessen the threat of water damage significantly.
While a well-built roof does have a surprisingly long life expectancy, even the best roof will eventually begin to degrade. Professional building inspections can often highlight issues with roofing which may have gone previously undetected, as most homeowners will not discover roof damage until it's severe enough to cause leaks or be immediately visible.
Therefore, it is highly recommended to hire a reputable and experienced professional building inspections company prior to listing your home to identify any common problems or issues that could be remedied prior to it affecting the sale or final asking price.
Coronis recommends APM Solutions who are a trusted company who specialise in building and pest inspections, maintenance and cleaning and smoke alarm compliance.