Buying a home may well be the largest financial investment you will ever make. Naturally you will want to know as much as possible about the property before you finalize the purchase at closing.
It's important to hire a knowledgeable, independent home inspector for advice on the overall condition of the property. The purchase contract usually requires specific time periods for each inspection, and it's critical that these time frames be met. Usually the cost for any and all inspections and re-inspections are paid by the buyer. Prices can range from $350 to $500 or more for whole-house inspections.
Common Home Inspections:
Some examples of common home inspections are:
- Structural Inspection - Defects caused by poor construction, soil movement, water or drainage conditions, settlement, fire, etc.
- Environmental Hazards Inspection - Including asbestos, lead-based paint, radon gas or any other toxic material.
- Roof Inspections - Can include framing members, decking and shingle condition.
- EMP Inspections - Electrical, Mechanical and Plumbing - Should include electrical and plumbing systems, built-in appliances, heating and cooling systems, swimming pool/spas, sprinkler systems and security systems.
Many companies in Alberta specialize in only one area of inspection, and others will group several together and offer a package price. Whichever route you choose, assure yourself you're getting the inspections you need. Many can be found online or your Royal LePage Solutions REALTOR® can provide a list of several of each to choose from in the Calgary and Edmonton areas.