Website design By BotEap.comThe art of knowing how to properly conduct a property survey is a skill that many real estate investors and developers would give their right arm to learn. As a real estate professional, one of the pesky little expenses you constantly have to pay is a property inspection.

Website design By BotEap.comWouldn’t it be great to reduce the number of in-depth surveys you have to pay for each year? This article will explain in detail how to conduct a property survey yourself. It will give you a checklist of vital things to keep in mind when inspecting the property. In the end, you will have enough knowledge to be able to make informed decisions about the condition of any given property.

Website design By BotEap.comThe first thing to do is make sure you are prepared. Below is a list of some items you may want to take with you when viewing a potential investment property.

  1. Camera / video camera
  2. Ballpoint
  3. Pad
  4. Voice memo
  5. Binoculars
  6. Any details of the property that you already have from the real estate agent, Internet, supplier or by other means
Website design By BotEap.comA helpful (though not always practical) tip is to try to survey in wet conditions. In this way, you can detect problems with downspouts, a leaky roof, faulty gutters, or any other problem related to rain or moisture.

Website design By BotEap.comYou do not have to take the survey in the order specified here. However, it would be wise to start first by taking a walk around the property and trying to get a general idea of ​​the location and location.

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Website design By BotEap.comThe ceiling

  • What is it made of?
  • Go to the loft and check that there is no light and / or water.
  • Check the ceiling in the room under the loft for signs of water damage or any other problems that may have resulted from a problem with the ceiling.
  • What is the general state of repair of the roofs? Make sure to look at the ceiling from all angles, as problems are sometimes only visible when viewed from a certain direction.
  • Look at the fireplace. Look for signs of loose bricks or damage. This is where binoculars can come in handy.
Website design By BotEap.comExterior walls

  1. What kind of construction are the external walls, that is, solid brick, stone or something else?
  2. Are you aiming okay? What kind of finish is there on the walls? Is it pebble, stone, brick or something else? Sometimes the finish that has been used will help determine the age of the property.
  3. Watch for bumps on the wall or signs of moisture or stains.
  4. Look for cracks or signs of movement in the corners of the doors or window frames. If you find cracks in these areas, it could be a sign of more serious problems. If you notice something that seems strange to you, be sure to take a look at the other properties on the street to see if they have a similar problem. Pay particular attention to cracks under the moisture-proof course, as this could indicate major problems with the property.
Website design By BotEap.comBuildings outside

Website design By BotEap.comCheck the status of the dependencies associated with the property. That includes sheds, garages, open-air offices, barns, stables, bathrooms, or anything else.

Website design By BotEap.comAlterations

Website design By BotEap.comCheck the status of the alterations that have been made to the property. Check extensions, loft conversions, basement conversions (be especially careful with moisture issues in basement conversions as if not built properly these conversions are notorious for moisture issues).

Website design By BotEap.comIt is crucial that you check any relevant documentation and make sure things were done in accordance with building regulations and planning permission was obtained when necessary. It is also a good idea to see the current warranties or guarantees that the provider has.

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  • Is the property newly built, established (old), or renovated?
  • What is the general state of repair of the interior of the property? Does it seem like you’ve been taking good care of yourself?
  • Is the decoration trying to hide something? Be aware of ceilings painted in a dark color that can hide some sinister secrets, such as water damage, under the paint.
  • Is there any type of soundproofing on the ceiling, floor or walls?
  • Does the property have original features that will add to its value?
  • What is the condition of the windows and what are they made of? Do the windows have double glazing? Does it look like they need to be replaced or repaired? Bad windows can be great in helping you negotiate a cheaper price with the supplier.
  • Is there a moisture-proof course? Sometimes you can tell by checking the exterior walls of the property. If there is a black line about two to three bricks up, this would normally indicate that there is a moisture test row present.
Website design By BotEap.comOther things to check

Website design By BotEap.comIf you are trying to be meticulous in studying your property, you will probably also want to check the seven things on the list below.

  1. What is the status of the property’s fixtures and fittings?
  2. Is there central heating? How old is the boiler? Are there logs available to show service history?
  3. Is there a shared main water supply and has a water meter been installed?
  4. Verify that there is adequate ventilation in the property, especially in areas such as the kitchen and bathroom.
  5. Does the power supply have some kind of trigger mechanism? How old are you? Does it look like it will need to be replaced or repaired in the near future?
  6. Try taking a look behind furniture or appliances that seem out of place. They may have put them there to hide a problem lurking behind them.
  7. You should flush the toilets and run the water to verify that the water drains well and to verify that there are no unusual noises, such as a loud bang when running the water.
Website design By BotEap.comLastly, be sure to check your property register to find out the actual price for which comparable properties in the area have recently sold. There are many free websites on the Internet from which you can get this information.

Website design By BotEap.comAll of the items listed above can be reviewed and verified by you just as well as a surveyor can who enters a property and walks around it for 25 minutes. Learning how to inspect property yourself is not necessarily something you need a title for. However, if you have a builder that you work with regularly, or who is a friend, I advise you to try taking him on your visits to the property, especially the first few, until you gain more confidence.

Website design By BotEap.comThe fact is, most surveyors don’t put much effort into their daily work and the skills they use to do the average survey of factory property only touch a fraction of what they spent years studying.

Website design By BotEap.comThis article was not written to put the humble property surveyor out of business.

Website design By BotEap.comSurveyors are vital cogs in the property buying wheel and even if you don’t employ them, lenders always will. When you need them, surveyors can be an invaluable life saver. If this is a property that is not of standard construction, that is not your average property, or that you just think you might have problems, then you should organize a full survey by a professional.

Website design By BotEap.comThe reason this article was written was to try and educate the average property developer and investor so that they can judge the condition of a property for themselves. before having to call the surveyor. That way, if the seller is not willing to lower the price, you can eliminate a number of properties that you are looking for, before spending money on a property surveyor.

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