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Home Living : January 18th 2011
HLF - HOME LIVING: NORTH WEST, Tuesday, January 18, 2011 5 Take time to have a look HOMELIVING People buying homes worth more than $500,000, who are usually trading up as second-, third- or fourth-home buyers with an established financial position, are more likely to buy a house without a property inspection. Younger first-home buyers, especially professionals with little equity but with more consumer awareness and very little margin to make financial mistakes, generally take a more thorough investigation into the property, including undertaking a pre-purchase property inspection, says Archicentre. Archicentre, the building advisory service of the Australian Institute of Architects, says on average around 80 per cent of homebuyers do not undertake a property inspection. ''With the property market swinging back to favour buyers, and many properties being passed in at auction, rising interest rates and people renovating rather than moving, home- buyers will have time and bargaining power on their side to limit risk in future through the use of a pre-purchase property inspection,'' Archicentre ACT & NSW state manager Ian Agnew said. National statistics compiled from Archicentre's pre-purchase property inspections show some 30 per cent of homes for sale have faults which could cost thousands of dollars in repair. ''With DIY super funds becoming a major player in the property area, people buying a property to boost their retirement savings can quickly find their investment becoming a negative if they pay top price for a property which immediately needs repairs and maintenance before being leased,'' Mr Agnew said. ''Typically, Archicentre often receives a call from home-buyers who have moved into a home and very quickly discover problems, such as cracking, leaky roofs, termites or re-stumping.'' Archicentre's pre-purchase home inspection statistics reveal all homes inspected had a range of faults, including illegal building, rising damp, roof faults, faulty electrical wiring and cracking. Details: archicentre.com.au APOLLO® PATIOS Patios Pergolas Carports Decks Screened & Glass Enclosures 9679 9957 www.apollopatio.com.au Construction by Apollo Additions 166046c * conditions apply * Unit 17, 28 Vore St, Silverwater Tel: 9648 0000 Mob: 0430 134 499 Fax: 9648 1766 firstname.lastname@example.org 2157101i 23/11 • Polyurethane & Vacuum Form Doors • Caesar Stone Benchtop • Free Quote & Design • Builders & bulk purchase welcome OPEN 7 DAYS Homeway kitchen Kitchen Direct Australia BUILT IN WARDROBES FACTORY DIRECT PRICES BUILT IN WARDROBES FACTORY DIRECT PRICES PH: 9890 7477 PH: 9890 7477 • FREE MEASURE & QUOTE • LIFETIME GUARANTEE Made to suit your budget & needs • Style • Service • Variety • Full range • Accessories • Hinged Doors • Sliding Doors • Over 20 years exp. Sydney Wardrobe Company Pty. Ltd www.sydneywardrobe.com.au Lic: 185628C 2152558i hln wk40 *NO INTEREST EVER! How can we help you today? ALUMINIUM WINDOWS CAR PORTS *Conditions apply Builders Licence No 34164 www.homeclad.com.au Showroom: 121 Fairford Road, PADSTOW CLADDING PATIO COVERS FREE MEASURE & QUOTE Ph 1800 658 088 All prices are subject to a deposit. All prices include installation. Metro areas only. *Estimates are based on 24 month term. A retail payment option by Certegy Australia Limited ABN 68 050 021 513. Conditions apply. OMECLAD 2079000i 23/11 20% OFF* WARWICK FABRICS *Limited time only PH: 9651 2745 5/286 New Line Rd, DURAL Behind McDonalds Open Mon - Sat We specialise in beautiful home furnishings with a great selection of custom made soft furnishings, fabrics and a full decorating service. 2058203K wk29 HL www.waratahwardrobes.com.au FACTORY & SHOWROOM Unit 1, 183-185 McCredie Rd, Guildford 9632 5444 Lic. No. 160400C 2070199i hln wk50 built-in WARDROBES Lifetime Warranty Free Measure & Quote Custom Design Built-in Wardrobes Renovation of existing Wardrobes Sliding Mirror doors in a variety of colour frames Hinged or sliding Federation Doors Frameless Shower Screens
January 11th 2011
January 25th 2011