Yes, you do need a home inspection
With the surge in home prices in Ontario over the last few years, buyers have often opted to forego the inspection part of the process in order to make their offer more appealing to the seller. Once all the papers are squared away, though, the home will be yours to take care of – including all the good and bad.
Having an inspection will ensure that there are no unseen damages that will end up costing you in repairs in the future. When buying an older home, it’s easy for a standard renovation to turn into a costly one when you find out what’s behind your walls is no longer up to code. This will also make sure your family is living in a safe home that is up to current standards right when you move in.
An inspection will also include checking the roof and the foundation for any leaks or repairs that need to be made. This includes the attic and any exterior damage that you may not notice for years. Electrical, heating and cooling will be checked for efficiency as well, so you know what you might need to change in order to lower annual costs.
You can then make an informed decision on your purchase, and whether you decide to go with it. This knowledge could then allow you to lower the offer and save money for future renovations, if needed.
Vahid Azari is the founder of All Season Inspection, a full-service property inspection and energy auditing service organization.