When you are buying any property, it’s a good idea to get a pre-purchase inspection done. In fact, this is an important step even when purchasing a newly built property. A professional building inspector would be able to provide you a detailed report on the overall condition of the house. They would inspect various aspects of the structure and the report and would make mention of building defects and other issues if any. This report is even more significant when it comes to buying existing older properties.
It isn’t uncommon for prospective homebuyers to feel that a pre-purchase inspection is nothing but a waste of money. However, this could be no further from the truth. The short-term savings you enjoy by forgoing this kind of an inspection can easily turn into a long-term nightmare in case any unapproved structures or building defects come to light later in the day.
On the other hand, when you get a pre-purchase inspection done before finalising the deal on any property, you go into the contract with your eyes fully open and are also able to budget for any subsequent costs. As a buyer, it also crucial that you act promptly on any findings that show up on the inspection report. This is because a delay can have an impact on your subsequent insurance premiums as well.
A thorough inspection easily detects potential risks and structural defects as well as water damage etc. Aside from this, the inspection also confirms that the structure is in line with the registered plans. When it comes to obtaining additional building inspections, property investors and homebuyers should exercise a certain amount of prudence and common sense in order to protect themselves.
In addition to regular building certification, various local and environmental factors should also be taken into account such as inspections for water damage in areas that are prone to flooding. Older homes should be checked for the presence of asbestos, especially when renovations have taken place.
A pest inspection should ideally be part and parcel of a building inspection. The professionals will use the latest tools and technology to determine whether there are any pests present on the property. Termites and wood borers can cause significant damage to wooden features on a property, which can affect the structural integrity and stability of the structure.
It’s very important that you hire professional licensed building and pest inspectors for the job. They have in-depth knowledge and vast experience of the industry as well as practical experience. This gives them a very solid base and understanding and they know exactly what to look out for.
Hire the services of a professional who is a member of a well-established building association, like Master Builders Australia. A building inspector who is more familiar with the local area in which you are purchasing will likely have detailed, relevant knowledge about environmental issues common to that area.
Building inspections – How Much Do They Cost?
There are a number of different factors that impact the cost of a building inspection such as:
- Location of the property
- Level of inspection details that the buyer requests
- The complexity of the structure
- Size of the property
- Whether a pest inspection as required as well
Different building inspection companies will maintain different pricing. So, you can get estimates from a couple of different providers before making your final choice.
If you want to know more about our services here at Inspect It First, don’t hesitate to call us at 1300 557 047 or contact us through our contact form and we will revert shortly.
Thanks for reading,
Inspect It First Team
1300 557 047