Buying a self-renovated property

With the plethora of television shows focused on home improvements substantially increasing in popularity over recent times, so too are many Australians being inspired to engage in Do-It-Yourself renovation projects in their own homes.

While many of these renovations are no doubt completed with finesse, there may be the possibility of some such projects potentially containing faults if they have not been undertaken by a professional, experienced builder. For prospective buyers considering properties – such potential issues may not always be immediately clear.

It is for this reason that I would encourage all buyers to go through a thorough building inspection before committing to the purchase of a property.

Engaging a professional company to undertake a thorough examination of a property will enable buyers to not only identify any pertinent issues that exist in the property now, but also those potential issues that may arise in the future.

As a result of such an inspection, prospective buyers can gain a sound understanding of what (if any) repair work is necessary now, along with an indication of the remediation which may be needed at a later date – as well as with any associated costs.

Such an upfront, realistic appraisal of a property gives buyers peace of mind and confidence in the knowledge that they know exactly what they are purchasing. Whether buyers decide to purchase the property regardless of any faults, or if they feel that the potential costs outweigh their love for the property and do not take the purchase any further – the important thing is that they were in a position to make an informed decision.

In summary, there is no doubt that many DIY projects are spectacular renovations that have been completed in a cost effective, safe, professional manner. However, with the risk of a faulty project having been conducted in a property you are considering the purchase of, it is recommended that you have a thorough, professional property inspection conducted prior to purchase.


Disclaimer: The opinions posted within this blog are those of the writer and do not necessarily reflect the views of CENTURY 21 Australia, others employed by CENTURY 21 Australia or the organisations with which the network is affiliated. The author takes full responsibility for his opinions and does not hold CENTURY 21 or any third party responsible for anything in the posted content. The author freely admits that his views may not be the same as those of his colleagues, or third parties associated with the CENTURY 21 Australia network.