A property inspection can help owners prepare to sell their homes by identifying any potential problems and making repairs. It can also help buyers determine the cost of future maintenance and upgrades.
While home inspections are typically associated with a residential property sale, rental properties require regular inspections as well.
Structural
Structural inspections examine a building’s foundation, framing, and other load-bearing elements to look for signs of damage or deterioration. They are typically conducted before a sale or purchase, after an earthquake, or whenever visible damage may indicate a potential problem.
By providing accurate insights into a building’s condition, structural inspections help property owners make informed decisions about their investments. Whether negotiating property prices, planning repairs, or assessing the feasibility of a renovation project, a clear understanding of a structure’s stability can empower stakeholders to proceed confidently. Structural and foundation issues that aren’t addressed can devalue properties by up to 25%. Addressing these problems early on can boost a building’s value and increase its appeal to prospective buyers.
Electrical
The electrical inspection involves examining the wiring, outlets, switches, and panels to see if they’re properly installed and up to code. Inspectors also look at electrical boxes to ensure that they’re large enough for the wire conductors they contain and that they’re installed flush with the wall.
They’ll check that GFCI outlet receptacles are in place where required (outlets outside or below grade or near water) and that most circuits now require AFCI breakers. Inspectors will also look at push-in connections on receptacles, which make less contact with the wiring and reduce the risk of fire. They’ll also inspect attic and basement spaces where the wiring is visible to ensure that paths are clear for testing.
Plumbing
During a plumbing inspection, inspectors examine how well water flows through drains, faucets and toilets, checking for leaks and clogs. They can also check for hazardous hazards like exposed electrical wiring or faulty gas connections that could cause fires or explosions.
In addition to checking for leaking or broken pipes, inspectors can assess ventilation systems to ensure they’re working properly and aren’t contributing to moisture buildup. Inspectors can also evaluate the condition of appliances and inspect for signs of mold or mildew.
HVAC
The property inspector will check the HVAC system for proper functioning, potential issues and adherence to safety standards. They will test the heating and cooling, examine all outlets, switches and the main electrical panel. They will also look for signs of leaks.
Landlords typically conduct pre-tenancy inspections before a new tenant moves in and routine or mid-lease inspections. These inspections help them assess the condition of the property and identify any repairs that need to be made. In addition, they provide a baseline for comparison during the move-out inspection process. This is important, as it can impact the return of a tenant’s security deposit.
Exterior
An exterior inspection assesses a building’s roof, foundation, siding, and other elements to identify existing or potential problems. This type of assessment helps in preventing minor issues from turning into major ones, as well as ensuring compliance with property laws.
An HOA or other community management company may conduct a drive-by exterior inspection to check on the condition of the building and its surrounding grounds. This type of inspection can quickly spot any signs of damage or deterioration and ensure that the property is being maintained properly, in accordance with the lease agreement or other community guidelines. It can also detect if any maintenance tasks are being neglected, such as mowing the lawn or trimming overgrown plants.
Interior
A property inspection includes a visual examination of the interior. The inspector evaluates the condition of the building and its major systems. He or she may also check the safety and security of appliances, such as smoke detectors.
The property inspection process requires careful note-taking and the capture of accurate visual evidence through photographs or videos. The inspector must ensure that items are not obstructing the inspection. For example, he or she must not dismantle, open or uncover any system or component that might, in the inspector’s opinion, be unsafe. In addition, he or she must not enter any area that might be dangerous or that might damage the surface or structure of the building.