Whether you’re buying a ‘forever home’ or looking for a rental investment, a home inspection checklist is a must-have item. Home inspections can save you thousands of dollars, allowing you to negotiate with the seller to lower the total purchase price or to demand fixes to any existing issues.
We recommend delegating parts of this task, too. Pay for a professional third-party home inspection, and ensure the home appraisal takes any major problems into account.
The key, however, is taking personal responsibility here. Double and triple check all items on this list, covering everything with a fine-toothed comb. Remember, this is a big financial outlay, and requires attention to detail.
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Many properties with expensive problems lurking will look fantastic at first glance. Look beyond the brand new gloss of point to uncover any potential expensive fixes:
- Check all doors and windows to ensure they work smoothly, including all seals and locks.
- Doorbell. If broken, some are simple to fix; others may be a little more complicated.
- Vegetation. Are there any species that may give you a headache? Japanese knotweed, for example, can be problematic.
- Structure. Look for foundational or structural problems that are common in older homes.
- Check that the gutters are all present and in acceptable condition, including any potential drainage issues.
- Repairs. Have any extensive repairs been conducted? This may be a good/bad sign, depending on whether they just papered over the cracks.
Pay particular attention to the roof, also. If there is tiling, look for damage, cracks, missing tiles, etc. Ensure there is proper ventilation, and proper drainage. Ask for an estimate for new roofing; when is the next time you will need to cover a full roof replacement?
Electrical System
When it comes to your potential home’s electrical system, you’re going to want more than just a cursory check. We recommend opting for a professional electrical safety check, ensuring safety for yourself or your tenants.
The inspection should include a full guarantee and report.
These are some essential points that need to be covered: the wiring can be an expensive fix, so check that it’s in good condition. The switchboard should be in working order and have all the necessary components. All sockets and fixtures should also be checked, including the current flows and voltage.
Plumbing
The plumbing is also a potentially expensive problem, if not checked properly. It deserves its own section, and we recommend engaging a professional to help you with this, too.
Check that all piping works properly and that there are no signs of any leaks or major repairs. Check what materials have been used and the last time they were replaced.
Also, look at the water heater. What model is it, and what would a replacement cost? Check when it was last serviced; usually, there will be an indication of potential issues on the official report.
Air Conditioning
For homes that have an integrated air conditioning system, you want to check both the interior and exterior functions. The brand, model, and age of the HVAC system are all important.
Check for any signs of significant wear and tear, damage, leaks, or signs of mold. Ask whether you can check that it is in good working order by trying the system yourself.
Attic
The attic is often ignored, especially if access is not straightforward. However, it’s important you check it before signing on that dotted line. Of course, make sure it’s safe to walk around and be careful when accessing the area.
Check that the insulation uses safe materials and is of good standard. The trusses should also be examined; look for any alterations or signs of damage. If the roof has leaked in the past, you will find evidence of it here.
Interior
Finally, check the interior of the property. This is what most people place far too much focus on, as it is the most obvious and tends to have the strongest aesthetic effect. Don’t overestimate its importance, but don’t ignore the interior either.
Check that all windows open and close properly, that the taps work throughout the home, and try all light switches. The sinks should all drain properly, and also make sure to run the shower and flush the toilet. Is the water pressure acceptable? Do all appliances in the home function properly?
Remember, the home inspection is a key part of the purchase process. Even if you have fallen in love with a property, don’t let your emotions cloud your judgment. Take the inspection seriously, address any unearthed issues properly, and don’t be afraid to walk away from the investment.