A common misconception is that if your BC Assessment goes up, your property tax will ALSO go up. This isn't accurate. Your taxes increase when your elected officials increase their budget. This
Buying A New Home? Don’t Skip the Inspection!
When people buy brand new homes, they often assume a home inspection isn’t needed, but new doesn’t always mean perfect. It’s easy to get so caught up in the excitement of moving into a brand new home that buyers neglect to contact a certified home inspector. A municipal inspection and a deficiency walk-through with the builder is often not thorough enough to identify any hidden issues that may be lurking behind the walls.
Read on for five reasons why you should reconsider that assumption, and not skip the home inspection:
City building inspections are not the same as a home inspection.
The job of a municipal building inspector is to ensure the structure complies with building codes and local ordinances, but a home inspector performs a more thorough inspection to ensure everything is in working order. They will look to uncover any deep-rooted issues that may cause problems in the future, like a lack of ventilation, roofing or siding deficiencies.
New doesn’t mean perfect.
With new construction, there are many phases, and with so many different subcontractors and their employees working on various components, it can be difficult for a builder to rigorously inspect every aspect of the build.
Unresolved issues can mean big problems down the road.
If you have large scale problems like venting or water issues, it could lead to long-term problems like rot or mold growth, which can impact both your finances and your family’s health.
It’s easier to fix the issue before you move in.
If you identify issues before you move in, you won't have to deal with moving furniture, or the construction mess that may result from repairs. Identifying potential problems while the home still lies in the builder's hands will save you from having to do costly repairs on your own down the road.
It could save you at resale.
Identifying potential issues, in the beginning, will protect you from surprises and costly repair bills. Any potential new buyer is likely to get their own inspection, and any deficiencies will most likely be identified. Since the builder is no longer in the picture, that means you will be responsible for the repairs.
For more on the value of new construction home inspections, check out our video below where John delves deeper on deficiency walk-throughs, home inspections, and how building codes may not stack up in some situations.
We are passionate about the rare kind of lifestyle available here on Vancouver Island; one that is affordable, inspiring, and surrounded by spectacular natural beauty. John Cooper, P.R.E.C. - Team Le....
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