Buying an old house to renovate and restore is a popular choice for many Australians. It's an opportunity to return a dilapidated house to its former glory, significantly increase the value of your investment and create a beautiful and modernised family home.
Before buying any property, it's always essential to carry out pre-purchase inspections. The two most common of which are building and pest inspections to ensure there are no major structural issues or infestations of insects or rodents. Another important inspection to complete, particularly when buying an old house, is an electrical inspection by a qualified and licensed electrical contractor.
This inspection encompasses any freestanding or integrated appliances that come with the purchase, including the oven, dishwasher, air-conditioning unit and washing machine. It should also include a full check of the house's wiring and the condition of electrical outlets. Here are three reasons why a full electrical inspection should be carried out before you commit to purchasing a property.
Two of the most common causes of house fires are faults with electrical appliances and faulty wiring. The risk of a house fire is increased in an older home because appliances and wiring are more likely to be in a bad state of repair. Electrical faults also increase the risk of accidental electrocution, which can sometimes be fatal.
Older homes are also more likely to contain appliances and wiring that were installed before the introduction of modern safety laws were introduced. These laws were introduced to increase the safety of electrical goods and decrease the incidence of fires and electrocution. A thorough inspection will identify any problems or areas which don't comply with state or federal safety laws.
Although you will need to pay for an electrical inspection, it's money well spent. Inefficient or faulty appliances may cost you a small fortune to repair or replace if minor problems are left unrepaired. They will also cost you more to run, with inefficient and unserviced appliances adding hefty amounts to your energy bills.
Rewiring a home is a major expense, costing between $3,500 and $8000 for a standard-sized home. The price can rise significantly for a larger property or a house that has wiring that is difficult to access.
Finding out that a complete rewiring is necessary is not a pleasant surprise after you've already bought a house. Finding out before means you can factor in the cost and adjust your purchase offer to the vendor accordingly.
When you're buying an older home, you're probably prepared for some hard work and expense to get the property in great condition again. However, if you want the whole process to run as smoothly as possible, it's important to know that you have reliable appliances for the essentials of everyday living.
Having a washing machine, oven or air-conditioning unit that seems to be working okay only to break down shortly after you move in is going to cause you major inconveniences and divert your time and energy away from other important tasks. Knowing what appliances need to be repaired or replaced before you buy gives you plenty of time to organise an electrical contractor or find a replacement.
To book a pre-purchase electrical inspection, contact the friendly and helpful team at Paul Matters Electrical. They can give you an accurate idea of the state of the appliances and wiring in your prospective property and also provide you with quotes for repair or replacement. With over forty years of experience in all aspects of electrical repairs and installation, they will ensure that your potential new home is in a safe and habitable state before you commit to buying it.