Every prospective home buyer seeks the reassurance that the home they're considering has a solid foundation beneath its surface. They want to know if the roof will withstand leaks, if the plumbing is in good condition, and whether the basement has a history of flooding.
You may want to consider completing a pre-listing inspection and making it available to prospective buyers.
Ensuring the following areas are in proper order not only helps you prepare for home inspections successfully but also allows you to identify and address minor issues in your home before they escalate into costly and unmanageable problems.
Problem Plumbing
Defective plumbing often reveals itself through leaks and clogs. Checking under sinks and inspecting pipes can help detect leaks. Water pressure can be gauged by turning on all faucets in the highest bathroom and flushing the toilet. The sound of running water may indicate undersized pipes. Dirty water from faucets could signal rusting pipes.
The type of plumbing is also note worthy. If you have Poly B piping in your home you may want to consider replacing it or having a quote available for prospective buyers to view.
Damp or Wet Basement:
White mineral deposits on walls and basement floors are signs of water seepage, often accompanied by a mildew odour. Sealing cracks in or around the basement foundation, with costs ranging from $300 to $1,000 depending on severity, can prevent water-related issues. Waterproofing an average 3-bedroom home is estimated at $5,000 to $15,000.
Insufficient Wiring & Electrical Issues:
Homes should have a minimum of 100-amp service with clearly marked copper wiring. Octopus plugs suggest inadequate circuits and pose a fire hazard. Cover plates should be present on all junction boxes and outlets.
If you have a 60-AMP service or aluminum wiring you may want to consider upgrades.
Heating & Cooling Systems:
Poor heating can result from insufficient insulation or a malfunctioning system. A clean furnace with no rust on the heat exchanger typically has a lifespan of 15-25 years. A cracked heat exchanger on a forced air gas system can emit deadly carbon monoxide, necessitating replacement.
Hot Water Tank:
The age of your hot water tank may be an issue for a buyer as this affect new home insurance applications. Functional age of a hot water tank is 15yrs.
Roofing:
Roof deterioration, evident in curling or splitting asphalt shingles, can lead to water seepage. Improper water direction through gutters or leaky gutters may cause major internal problems.
The condition of your roof should be a pricing consideration or replacement item prior to listing.
Attic Spaces:
Ventilation, lack of insulation, and vapour barrier issues can lead to water, moisture, mold, and mildew in the attic, causing premature wear on the roof and structure. Repair costs could exceed $2,500.
Rotting Wood:
Exposure to the elements leads to rot, especially on doors, window frames, trim, siding, decks, and fences.
Masonry Work:
Neglected repairs in masonry can result in water and moisture penetration, potentially clogging a chimney with fallen bricks or causing it to collapse onto the roof.
Safety:
Ensuring functioning locks on windows and patio doors, deadbolts on doors, and smoke and carbon monoxide detectors on every level is crucial for basic safety.
Structural/Foundation Defects:
Investigating the underlying footing, basement, and foundation is essential to ensure structural integrity.
Being mindful of these aspects prior to a home inspection helps you anticipate the outcome when a buyer completes one.
Real Estate Professionals have a wealth of resources to assist you, from recommending professional inspectors to repair services, addressing any housing-related needs you may have.