Finding your dream property can be an exciting journey, but appearances can be deceiving. Even if a property looks perfect on the surface, there could be hidden issues that only a trained eye can detect, such as structural problems or pest infestations. That's why it's important to obtain a comprehensive understanding of a property's condition before making a purchase decision. One effective way to achieve this is by arranging a professional building and pest inspection, which not only provides peace of mind but also ensures that your investment is worthwhile.

Let's delve into the importance of building and pest inspections and what you need to know:

What are building and pest inspections?

Building and pest inspections are conducted by qualified professionals who physically examine the property to evaluate its structural condition and identify any pest-related concerns. These experts then present their findings in a detailed written report.

Why are building and pest inspections important?

Investing in a building and pest inspection allows you to discover any major building issues or pest problems before finalizing your purchase. Understanding these issues upfront provides insight into how they may impact the property in the long run. Moreover, depending on the severity of the problems and potential rectification costs, a building and pest inspection can give you leverage during price negotiations.

Choosing the right inspector

Always engage a qualified professional, such as a licensed builder, surveyor, or architect, to conduct the inspection. A professional inspector has the expertise to identify issues that an untrained eye may miss, even if they are concealed by cosmetic improvements. Additionally, ensure that the inspector's report adheres to the relevant Australian Standards and that they possess adequate insurance coverage, especially for professional indemnity. Before hiring an inspector, ask them questions to gauge their qualifications, experience, and the scope of their inspection.

Timing the inspection

Ideally, a building and pest inspection should be carried out before signing a contract or bidding at an auction. This allows you to cancel the sale without losing your deposit if significant issues are identified. In situations where an inspection is not feasible, such as a vendor seeking a quick sale, it is recommended to include a clause in the contract stipulating that the sale is subject to a satisfactory building and pest inspection.

Areas covered by the inspection

During the inspection, the inspector will thoroughly assess various areas of the property, including:

• Interior: Ceilings, walls, floors, windows, doors, kitchen, bathrooms, laundry, stairs

• Exterior: Walls, timber/steel frames and structures, chimneys, stairs, balconies, verandas, patios, decks, balustrades

• Site within 30m of the property: Car accommodation, garden sheds, retaining walls, paths, driveways, steps, fencing, surface water drainage

• Sub-floor space

• Roof: Interior space and exterior condition

Understanding the inspection report

While there is a standard guideline for what a report should include, the contents may vary depending on the inspector. At a minimum, major defects and urgent safety hazards should be clearly identified. The report may also highlight minor defects, such as deteriorating exterior paint. Although the report may initially appear overwhelming, your inspector should be available to explain its contents. Remember, inspectors cannot advise you on whether or not to purchase the property. It's best to consult with your conveyancer or seek advice from a trusted family member or friend experienced in dealing with inspection reports.

After reviewing the report

Upon receiving the inspection report, it's important to carefully analyze its findings. Keep in mind that many properties may have minor issues that you can live with or address later. Take your time to consider the report and decide whether any items identified in the report may change your decision to proceed with the purchase.

For assistance with starting your buying journey speak to one of our Real Estate Agents today today. Read more about the process of buying and search our current homes for sale.