Buyers looking for new homes undergo inspections to ensure quality when purchasing a home. The home inspection market is projecting to hit 10 billion dollars by the end of this year.

But, realtors and home sellers can also benefit from a new home inspection. Upon completion, home inspections can give you a competitive edge in the market. This short guide will give you 4 benefits of a new home inspection.

Confidence With New Buyers

Prospective buyers will not get all the answers to the questions they ask from a house tour. Once you inspect a house, you can answer all necessary questions when preparing to tour the house.

Hidden troubleshooting issues like electrical issues and plumbing problems can reveal themselves through a full inspection. Issues like black mold or termites will require professional help to establish. Once you inspect a house you can answer these questions with confidence.

Saving Time & Money

Initiating an inspection can save a lot of time and money in the future. Once you discover newfound issues, the cost of inspecting and preparing will only waste time and funds.

If you inspect before listing, you’ll not only have time to repair. A vacant house can also give you an advantage in preventing further damage to a non-vacant home. Preparing to inspect a house takes many steps and requires time.

If you rush to sell and forget to inspect the buyer may conduct a thorough inspection, passing you the bill. Their terms with repairs may cost a fortune and may require you to take unnecessary measures. You won’t be able to take the time to check the costs and methods of repair.

Professional & Accurate Inspections

Identifying issues in a house by yourself can be difficult to navigate. Preparing to inspect a house with professionals can help verify issues out of your league. Misidentifying problems can lead to poor planning and potential repeat repairs.

For example, if you attempt to repair a roof or septic tank without full professional help, it could lead to more serious problems. Not to mention these issues can be upwards of 15,000-20,000 to repair if not taken care of the first time around.

AC problems can be a hassle to catch early on. Having an HVAC contractor can also give you a rough estimate of heat pump and AC repair costs.

Establishing an Asking Price

Identifying property damage and issues can help you establish an asking price for buyers. When buying a house, impromptu issues can derail the original price of a home.

Once a buyer discovers a problem, they can legally protest the original price. Especially when there’s a serious problem. You can gain control over the circumstances if you allow an inspection.

New Home Inspection

A seller requesting a new home inspection is an entirely optional step to take. But, sometimes preparing ahead of time can save you a lot of headaches in the future.

The cost of hiring an inspector will save you far more money when discovering a serious issue later. This issue may postpone or even outright cancel a proposal to buy your home. This beneficial step will keep you one step ahead of the game.

Follow our Real Estate tips blog for more information on how to inspect your next property!