When preparing to sell a commercial property, conducting a thorough pre-sale inspection is a critical step as this can significantly influence buyer interest and affect the final sale price. Pre-sale inspections can unearth a variety of problems, but, if addressed promptly, can make a property considerably more attractive to potential buyers. We take a look at some of the common issues.
1. Structural issues
One of the most critical aspects inspected during a pre-sale evaluation is the building’s structural integrity, as it ensures the safety and longevity of the property. During this inspection the foundation will be checked for cracks, any bowing in walls should be noted, and all areas with load-bearing elements.
Where significant structural problems are identified, addressing them before a sale is paramount.
Perth’s most common building defects
2. Electrical issues
Electrical issues are a common find in pre-sale inspections and can range from outdated wiring and overloaded circuit boards to faults in the electrical panels and improper grounding. Such problems should be rectified immediately as they pose a fire risk and can deter potential property buyers when they note this in the inspection report.
Furthermore, property investors will look for properties that can support the latest technology. Providing potential buyers with assurances that the electrical systems are safe, up to code, and capable of handling additional technologies can place the property at a significant advantage.
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SURE Building Inspections will conduct a thorough pre-sale inspection.
3. Plumbing issues
Common plumbing issues include corroded or leaking pipes, poor water pressure, and problems with the main sewer line. A slow draining system or a sewer system backup can cause extensive damage if left unattended or require substantial repairs or updates.
Discovering major plumbing issues during the final stages of a sale can lead to renegotiations or even cause deals to fall through. Early inspection allows these issues to be handled beforehand. A fully functional and efficient plumbing system is a key selling point and indicates the overall maintenance of the property.
4. HVAC system
A well-functioning HVAC (Heating, Ventilation, and Air Conditioning) system is crucial in a commercial building for several reasons, these highlight the importance of maintaining an efficient HVAC system in commercial settings:
- Comfort: HVAC systems regulate the temperature and humidity levels within a building, providing a comfortable environment for occupants
- Air quality: Good ventilation and air filtration help improve indoor air quality by reducing pollutants, allergens, and airborne pathogens. This is particularly important in commercial spaces like offices, hospitals, and schools
- Productivity: Several studies suggest that there is a direct correlation between indoor environmental conditions and employee productivity
- Compliance and regulations: Commercial buildings must adhere to specific building codes and standards regarding ventilation, temperature control, and energy efficiency to avoid potential legal and financial penalties
5. Roof wear and tear
The roof is one of the most significant areas of the pre-sale inspection. Issues such as leaks or structural damage to the roof can be a major concern, especially on the scale of a commercial building. Addressing roof wear and tear before listing the commercial property can take care of any water damage, insulation problems, and other costly issues before putting the property on the market.
Ensuring that all these elements are in excellent condition will make a commercial property more attractive and reassure potential property investors. For comprehensive support and guidance when selling your property, contact Sure Building Inspections today.
