Buying property in the city of Sydney is a big thing. Whether it’s your first home or apartment or an investment property, you are guaranteed to be in for a rollercoaster ride.
The last thing you want to do is purchase a property that is overly dilapidated, in serious disrepair or is just downright unsafe. Aside from the initial cost of purchase you could be in for a world of financial pain and be faced with spending endless hours dealing with repair work, renovations and treatments.
Getting a property inspection to ascertain the building’s health and any potential pitfalls is a sound move when looking to purchase property. An independent building inspection report will let you know exactly what, if anything, is wrong with the property – ensuring that you are better informed and equipped to make your final decision. Building inspectors are professionals whose job it is to determine the exact state of a property.
Cost of Renovation and Repair
Unless you are intentionally purchasing a run-down or dilapidated property for renovation or demolition, buying a property that is going to require extensive renovation and repair is going to cost you a lot more money on top of the purchase price.
As well as being expensive, this can also delay you from moving into the place, or if it is an investment rental property – it may make it inhabitable for your tenants. It’s not nice living in a run down place, either as a homeowner or tenant. A property health check can determine what repairs and renovations, if any, are required, so that whoever is occupying the property feels safe and comfortable.
Damaged roofing, foundation issues, black mould – severe conditions such as these can affect some older properties, and are downright unsafe. A collapsed roof could cause severe injury or even death to its occupants. Rotting wooden stumps, while not as immediately hazardous as an unsafe roof, are still far from ideal for a safe foundation. Black mould can cause severe respiratory conditions for the occupants.
What About the Critters?
Some Sydney properties have hidden pest infestations. Rodents, insects, termites and white ants are the most common. These critters can be expensive to remove, and are dangerous if they stick around. Damaged wiring from rodents is a fire risk, while termites and white ants can cause severe structural damage to wooden foundations and frames. A property inspection can determine if there is an infestation that would require treating prior to you purchasing the place.
Independent and Objective
Property Inspection firms are independent and their opinion is objective and un-biased – they have no vested interest in whether or not your purchase the property, making them an ideal choice for property health checks.
Get in Touch for More Information
The Property Inspectors are able to provide an objective property health report. Please feel free to check out our existing property reports, or see a list of our available services and reports. Call us on 02 9181 5989 or email us here.