Feature Homes
Recent Sales
Business Directory
Presale Condos
Universal City Prime 50 Scollard DTK The Cardiff Central 9th and Main ONE28 Pavilia UOVO Artists Alley II Maverick Auberge On The Park II Playground Sage X Theory Sugar Wharf Lumina Highlight Elgin East ERA at Yonge IN.DE Express 357 King West Saisons II The Prestige Riverside Square 5 D'or Markham Square 2 Guildwood 4800 Yonge Lakevu Bower Nord West Lakeside Residences Social The Kip District II The Diamond on Yonge M City II One Yonge East 55 Southport Square Nautique Lakefront Amber Valhalla Town Square Kingly Auberge On The Park Kingsway By The River 2 Harris Square Mississauga Square Saisons E2 33 Yorkville The Charles at Church Water Edge Avia Symphony Edge Towers Peter and Adelaide One Forest Hill Eight Forty Perla Towers ZEN King West Bauhaus Oak and Co Museum FLTS Cypress The Roncy Wesley Tower Television City B-Line 609 Avenue Road Indigo 2 Scoop West DuEast The Point Platform Queensway Park Trinity Ravine Towers 7 On The Park SF3 Avenue 151 Yorkville Plaza Midtown Avro Bianca Nobu Residences Artists Alley SuperSonic Canada House Panda Fleur Vita Two Transit City Westwood Gardens Nola Affinity Paradigm East Mirabella Bloor Promenade Islington Terrace The Bluffs YongeParc Wish The Plant Lake & East Lighthouse East Vita on the Lake Time and Space Seasons II Liberty Central II Nord East Sage Prestige The Icona M City I Ivy Via Bloor Mills Square The One Canvas 159 SW St Lawrence Aquabella 8 Cumberland Home Selene EV Royale MAX 75 On The Esplanade Seasons Vivo The Wyatt Joy SweetLife The West AXIS Grande Mirage AYC Park Avenue Place 2 Charisma Halo Residences on Yonge URL Bloorvista at Islington Terrace SIX25BV Rodeo Drive Empire Midtown The Kennedys The Park Club The Vanguard YSL Residences York 875 Queen East Parfait At Atria Sail 88 North Eighty One Wellesley The Rocket Cocoon Cosmos The Bennett on Bayview Fortune at Fort York Arc 330 Richmond Whitehaus Bside Minto Westside The Lanes The Met 158 Front SQ2 Heartwood the Beach Fifth on the Park Sonic The Step 150 Redpath Pier 27 Tower Picnic The High Park River City 3 Danforth Square The Bean The Clover on Yonge Connect Grid Stanley East United On The Danforth 609 Sherbourne St The Jack The Clairington LNX Daniels Waterfront The Bartholomew Tea Garden The Ravine Beacon Park Avenue Place Avani 2 at Metrogate Art Shoppe The Rosedale on Bloor Citylights on Broadway Blue Diamond Aquavista at Bayside Lotus Zigg Teahouse 5959 Yonge Minto Yorkville Park The Selby Riverside Square University Suites The Eglinton The Yorkdale Bristol Forward 87 Peter Soul Minto Westside Wellesley On The Park 50 at Wellesley Station Alter The Code The Cumberland The Taylor Totem Dundas Square Gardens YC Core VOX The Academy SQ at Alexandra Park On the Go Mimico Garrison Point Sage 6 Solstice Eau Du Soleil 2 The Dragon 181 Davenport 1 York Aqualina at Bayside 2221 Yonge 155 Redpath 383 Sorauren The Epicurean HighPark Casa 3 Axiom Eleven Superior The Station The Mark Yonge + Rich The College Quartz TRIO at Atria Beach Hill Residences The Randall Residence FAD King Blue Sage II Harbour Plaza Sixty Colborne The Britt 101 Erskine Canary District Pearl 2 Ruby 159 Wellesley Street Xpression II Xpression I 129 St Clair Crystal at Pinnacle Uptown Noir The Essential FLO The Carnaby Lofts TAO E 109 OZ ALTO Massey Tower CASA 2 Local At Fort York Abacus Lofts SkyCity INDX 501 Yonge Life Fabrik Grand Palace Minto 30 ROE Ten York 88 Scott Indigo Bay 7777 Weston Road 1331 Yonge Street The Perry Condos The Remington Centre 30 Ordance Street Smart House Downtown Erin Mills HOT Gordon Woods Pinnacle Grand Park II PSV 2 at Parkside Village 1 Yorkville Nero The Hill Key West 1Thousand Bay Rise 365 Church Mirage The Brant Park Picasso Alto at Atria Karma OpArt Lofts Flaire Jade Waterfront Cloud 9 133 Hazelton Spectra The Carlaw King Plus Condos The Beverley Hills Monde The Bond Rain 2 Ion Pears Avani at Metrogate Post House IVORY River City 2 The Yorkville Yorkville Plaza U Condo II U Condo I Tableau Studio II Studio I Rain 1 Pace One Bloor Neon Condo MYC Liberty Central King Charlotte Imperial Plaza ICE II ICE I Garrison Fuse Five Madison II Madison I Exhibit Cosmopolitan Bisha Backstage 3018 Yonge EXPO City

Home Inspections

A home inspection is traditionally performed once a residential property has been purchased but more and more buyers are either placing the successful passage of a home inspection as part of the conditions of their Offer To Purchase, or even taking the risk to pay for the home inspection themselves prior to concluding their offer.

Why Buy A Home

In most cases, the buyer has approximately three to five days after the offer has been accepted, subject to the terms of the offer, to contract a professional, qualified, and reputable home inspector. This property condition investigator will conduct a detailed analysis of all of a home's major systems to determine their marketability, condition, and likelihood that they will require maintenance or repair expenditures in the near future.

The average buyer can easily overlook major and even structural defects as they may not be immediately evident to the untrained observer. A home inspection can reveal aspects as relatively minor as an exterior railing which needs to be more securely affixed, all the way to shifting in the foundation which could cost as much to fix as the entire price of the home!

The Procedure & Cost Of A Home Inspection

The home inspection usually takes approximately three hours but can be considerably longer for larger or older properties, especially if access is limited to areas such as the attic or crawlspaces. The cost of the home inspection can range between $300 and $500 but can vary widely according to area as well as the size and condition of the home as the general rate is approximately $100 per hour. Note that many inspectors will charge their hourly rate even for travelling time to and from the property. It is not reasonable to expect that a home inspection for a two bedroom semi-detached new house cost the same as an eight bedroom Victorian mansion. The buyer should also be aware that in some areas, especially in the milder regions of Southern Ontario, the Maritimes, and Southern Coastal British Columbia a termite inspection may be warranted.

The process of the home inspection encompasses the five major systems present in every residential property:

  • the floors' structural configuration and condition.
  • the walls' structural configuration and condition.
  • the ceilings' structural configuration and condition.
  • the roof's structural configuration and condition.
  • the structural components including framing and foundation.

Plus the configuration and condition of:
  • all interior stairways, steps, and railings.
  • a representative selection of windows and interior doors.
  • a representative selection of installed countertops and cabinets.
  • garages, their doors and garage door machinery.
  • the exterior doors.
  • the soffits, eaves, and fascias.
  • any attached balconies, decks, porches, steps, and railings.
  • the exterior wall flashing, covering and trim.
  • all exterior structures such as patios, walkways, driveways, retaining walls, pools, courtyards, permanent garden features, grading, and drainage.

As well as all aspects of the residential property's:
  • Plumbing System
  • Electrical System
  • Heating System
  • Air Conditioning System
  • Insulation & Venting
  • Fireplaces

Why Buy A HomeThe Home Inspection Report

A proper home inspection report is submitted to the buyer shortly after the completion of the process and clearly details in writing all of the positive qualities aswell as the negative deficiencies which the inspector has located in the residential property. The intent of the home inspection report is to provide the purchaser with an overall summary of the condition of that specific residential property in order to assist the buyer in determining how to proceed. Although the specific purpose of a home inspection report is not to serve as justification to renegotiate the entire offer from scratch there have been numerous cases where a home inspection has revealed extremely serious defects in a home which would require significant expenditure to correct, which fall outside the expectation of normal maintenance costs.


Header Image Request More Information

Please Fill Out the Form to Get Extra Information.
First Name: *
Last Name: *
Email: *
Phone: *
Subscribed Member Giving Consent to Receive Email or Message Correspondence.
*Required Field
 
   Please enter Security Code into the box below.
 
This email has been delivered through Best For Agents email servers.
Submitted date:    
Type:   
Visitor IP Address:   
Posted from page:  
Form Name:  
Domain:  
Become A Member
Name:
 
Email:
Subscribe me:
Security Code:
Canadian Mortgages
Office: 905-277-0771       Mobile: 416-854-5060      Fax: 1888-682-4698    
Office Address 102-50 Burnhampthorpe Rd.W., Mississauga, Ontario L5B3C2