You’ve found a home that fits your expectations of a “perfect” home. Well, congratulations on that!
But we’d ask you not to rush toward closing the deal. It’s better to first know that your house is structurally sound and all its major systems are functioning properly. Once you have closed the deal, you can’t take a step back, so it’s better not to rush already.
With a home inspection, you get your only and the best opportunity to evaluate your future home from in and out. The inspection helps in documenting the issues that are major and minor. This gives you a clear picture of what the seller is serving you. And, it’s fair to know the property’s “exact” condition as this will be the only investment you’ll be making in your entire life.
But as a homebuyer, you also need to know what goes on in a home inspection and what could be the potential deal breakers and makers during the process.
And we’re here to make it easier for you.
In this blog, we’ll discuss the five potential factors that will make your deal, as if you should rush to buy the house if they’re in perfect condition. But if not, you better rush for the hills instead.
Foundation
The foundation of the house works as its spine. It supports the entire house’s structure, drywall, frame and literally everything.
It won’t be unfair to say that the foundation condition defines your experience within your house.
Often, foundation issues are considered deal-breakers, considering the major repairs associated with high costs.
No buyer wants to buy a property that will still require modifications after an investment worth an arm and a leg.
What do home inspectors look for?
During the inspection process, inspectors usually look out for the issues like:
- Settlement problems
- Cracks
- Sloping
If your house has a crawl space, inspectors will inspect it for signs of mold, moisture, and warping that might affect the wood’s integrity.
Furthermore, if the foundation has already undergone repairs, the inspector will also check the workmanship quality on that.
The biggest concern for every home inspector is water penetration because it can lead to foundation settlement, resulting in the face of termite activity, gray mold, decay, etc.
Average cost to repair
The cost of foundational repairs varies based on how severe the problem is. But, if we average the cost, it is around $4,500, but it can go up to $15,000.
Roof
This is another factor that basically “shields” you within your property. And, the roof issues have the potential to either make or breath the deal.
We bet you might already have asked about the roof’s age from the home seller. And well, it’s justified considering the role the roof plays in protecting the house from wind, outdoor temperature, and snow.
What do home inspector look for
This depends on your home inspector and weather conditions.
Many inspectors choose to visually inspect the roof and they climb up the roof. While others choose to evaluate it from a ladder. And in bad weather conditions, inspectors might use binoculars to inspect the roof and they do this from the ground.
Now, things home inspectors look for are the following:
- Leaks
- Damaged or missing shingles or tiles
- Moss growth
- Flashing
- Gutters
- Vents
- Proper attic ventilation
- Skylights
Average cost to repair
Minor roof repairs can cost between $150 and $1,500. But, there are chances that your roof might need a replacement; on average, it can cost between $6,000 and $12,000.
Plumbing
A leak is The most irritating issue in your future home.
Once left untreated, water issues within your house can have a domino effect, leading to more serious issues in your home.
And trust us, a pervasive water problem can “drain” your savings account in no time. Not only this, it can also affect the floor, subfloor, walls, and foundation. Basically, everything….
Considering the headache these problems are, they tend to be a major deal breaker.
What inspectors look for
During the inspection, the inspector will cover anything the water flow might affect – toilets, sinks, faucets, bathtubs, showers, piping, and fixtures.
Their main focus will be checking for leaks, cracked pipes, and corroding. Plus, they’ll look out for any evidence of DIY work and repairs.
They’ll cover flooring, ceilings, walls, and signs of moisture.
Average cost to repair
Plumbing issues and water damage are the most expensive and extensive repairs. If there’s water damage, then you’re looking at the costs to repair and restore, such as, mold remediation, dry out, replacement, building materials, and labor.
And, on average, it can be from $1,000 to $5,000, or maybe more. All it depends on how much damage is there.
Electrical systems
You shall buy a house that is safe for you and your family. And this is exactly what a home inspector prioritizes.
Whereas electrical issues can pose serious risks, especially if they’re ignored. They can even lead to house fires, making them dangerous and potentially life-threatening result of overlooking electrical issues.
What inspectors look for
During the inspection, the inspector evaluates the electrical panel to ensure everything is up to the code with proper grounding and wiring.
They will also look for proper amperage ratings and corroded wires. Furthermore, they’ll ensure that the receptacles and switches operate properly and the GFCI outlets are installed in most rooms. This is another level of prevention from injury and electrocution.
Average cost to repair
If you buy a home with minor electrical issues, the repair cost is typically $150 to $500.
However, the expenses can be higher for more significant problems, such as replacing a panel or rewiring the entire house, ranging from $1,200 to $2,200.
HVAC system
You want peaceful summers and warm and cozy winters in your “perfect” home, right?
You then need to know whether your home’s systems can cool, heat, and ventilate the interior efficiently and reliably.
It’s important to note that not every home inspection covers every minute detail. So, if you suspect an issue and need a close examination, then hiring an HVAC expert is better for a thorough evaluation.
Things home inspectors look for
Typically, one of the initial tasks an inspector performs during the inspection is activating the heater and air conditioner to ensure their proper functioning.
The inspector usually allows the system to run continuously throughout the inspection to assess the thermostat.
Average cost to repair
The cost of an HVAC issue varies based on the system, the problem, and whether it’s a simple repair or replacement.
Furnace repairs may vary from $130 to $1,200, and replacing a furnace can incur up to $6,000 or more.
On the other hand, air conditioner repairs typically range from $200 to $500, with a complete replacement costing between $3,250 and $12,500.
Conclusion
In conclusion, getting a home inspection is a great deal to know whether the transaction is worth it.
But once the report highlights the above mentioned things home inspectors look for, know it’s time for you to walk away. But if not, then it’s better to hop on the deal. It’s fair to say that they’re the major deal makers and deal breakers.
Furthermore, if you want to schedule a thorough and professional inspection, choosing an inspection company like Main Choice Inspections is better. The professionals on our team ensure that your potential home’s condition is best met and you’re making a wise investment.