Home inspections are an essential part of the home selling and buying process. Forgoing the home inspection on either end of the home purchasing arrangement can result in a loss of money. Here’s how.
A home inspector will walk the grounds outside the property to look for potential issues. Things like city plumbing, outside electrical elements, and even the landscaping itself all have a set of standards that they need to meet. Also, pathways, retaining walls, sheds, and railings will be inspected. If these items do not meet the standards they should, it will adversely affect the price of the home.
The soundness of the structure will be inspected as well. If the building is not properly graded, if it is slanting, and more are all factors that determine whether or not a building is sound. If it turns out that the structure is not sound, it will again affect the price of the property.
Other Exterior Items
Additional exterior items that need to be inspected include your roof. A roof is essential to keeping a building in good condition. If the roof is constructed poorly or it needs repair, that will have a negative effect on the home price.
Other exterior items include the siding. An inspector will look for bowing, cracks, or rotting. A home exterior that is in disrepair will certainly affect the pricing of your home since people shop with their eyes, and the outside of a home is one of the first things buyers see.
As for the interior of a home, two items affect the sale of a home the most, one of which is the plumbing. An inspector will look closely at the plumbing from the top of the house to the bottom. Any signs of water damage, leaky pipes, or pipes that do not flow as they should, will be noted.
The second largest contributor to sales falling through is inadequate electrical work. This includes your HVAC system. An inspector will make sure that all switches and wiring is working and up to code. Fixing electrical work is intrusive and costly, so naturally if your home’s electrical work falls short of the mark, it will affect the pricing of your home.
All these things go into the pricing of a property. If you are selling a home, addressing an inspector's findings before listing your home will ensure that you get the most value for your home. If you are buying a home, knowing the problem areas of the property will give you negotiating power, or it will give you an opportunity to back out of the sale and save yourself a small fortune. Either way, a home inspection will benefit you financially. Contact Strouse Home Inspections if you are in need of detailed home reports.
By Strouse Home Inspections 9-13-2022