Home repairs often come with a hefty price tag. That’s why it’s essential to have a home inspection before you make the largest financial purchase of your life.
Waiving a home inspection can quickly turn your dream home into a money pit. The problem is, not all of the most expensive fixes are visible to the average person walking through a home. Staging can cover up major deficiencies and you can’t always rely on disclosure to understand the depths of disrepair.
We’ve outlined the five most expensive issues below to help you better understand what can go wrong with any property and how to spot problems.
When we talk about the structural integrity of the building, we are typically referring to the four main components that make up the building. These are the foundation, walls, floors, and roof. All of these aspects are critical to the home’s integrity and the safety of the inhabitants. Let’s take a look at some of the most common structural issues that home inspectors report:
- Abnormal settlement of the foundations
- Large cracks around the property
- Uneven flooring
- Bowing or bulging walls
- Problems with the brickwork and masonry
It’s up to the home inspector to assess the severity of these issues, however, if the home inspector feels that it is necessary, they may recommend you to have the home further examined by a licensed structural engineer who will be able to give you a more detailed analysis of the property and its structural integrity.
Structural problems are more common in older homes, however, this does not exclude newer builds from falling in this department. I’ve personally been on home inspections of houses less than 5 years old that have cracked slabs, erosion, and settlement problems.
Drips, leaks, and flooding can cause major structural damage if not addressed properly and/or in a timely manner. Catching potential issues like this before buying a home can save you a load of stress and money in the long run. Some important visual signs that often indicate excessive amounts of water have been – or are still – present in a property, include Staining; Odors; and Fresh Paint (particularly in the basement or isolated to one room).
Certified NACHI and ASHI members report roof damage to be one of the most frequent problems that arise during their home inspection visits. As you might expect, the likelihood of roof damage increases greatly with the age of the house.
According to NACHI, the typical residential 3-tab shingle roof’s average life expectancy is between 15 and 20 years. A typical residential architecture shingle roof is between 25 and 30 years.
This may come as a surprise to some people, but it is unfortunately true. As you can imagine, the vast majority of roofs do not get replaced within this timeframe, so there is a disproportionately large number of older properties with inadequate roofing. Often, residential roofs require replacement much sooner than their anticipated lifespan due to environmental conditions.
The roof is one of the most important parts of the whole property structure as it protects your home from the outside elements and also helps to insulate the house during the winter months. If a homeowner does not conduct regular maintenance, such as cleaning leaves and the debris from the gutters, replacing damaged shingles, preventing ice dams, and caulking the flashings, there is a high chance of the roof falling into disrepair.
A deck nearing the end of its lifecycle can be a costly fix and dangerous if left in disrepair. Decks are typically built to last 12-15 years and all decks require regular upkeep specific to the type of materials used during construction.
A septic system is designed to last 30-50 (or more) years, but mistreatment can be very expensive, with a new system costing between $20,000 and $50,000. There are different types of septic systems – and they’ve changed over the years. Houses built in previous decades adhered to older building codes, which are now obsolete, and new codes are adopted every few years. If a system fails and is outdated, you may be required to replace the system while adhering to the new codes.
Contact Us For Your Total Home Inspection in Colorado Springs
A total home inspection is an absolute must for both home buyers and home sellers. Please contact us today to book your inspection and learn about the home you are looking to purchase. We will get back to you right away. Our team is eager to help you through the home-buying journey in Colorado Springs.