Buying or selling a property with foundation issue
Purchasing and maintaining a property is for many the biggest investment of their lifetime.
When a property is on the market, there will often be the need for compromise. For sellers, the final sale price is typically the biggest compromise, while buyers usually need to be flexible regarding the location, layout and size. However, expensive structural repairs may be a deal breaker for many homehunters.
Being informed is the best protection against major unexpected issues or costly repairs after the contract of sale is signed. A visual inspection is recommended to identify minor defects and potential maintenance issues, as well as a thorough inspection by a qualified building inspector to help identify major structural faults or safety hazards that may not be visible at first glance.
Understanding wall cracks and soil types
While many astute homeowners and buyers will recognise wall cracks as warning signs of potential subsidence, not all wall cracks indicate major foundation issues. The type, size and location of cracking can help to identify the extent of the issue, and possible solutions. For example, cracks that are 5mm or wider, extensive stepped cracks in brickwork, or complete separation in the mortar or cement between bricks may be cause for concern.
If the building foundations are affected by ground subsidence, the underlying reason may not be immediately obvious, and further investigations are highly recommended before finalising the sale.
The common causes of foundation ground issues often relate to moisture in the soil beneath the home’s foundations. Different types of soil behave in different ways to changing moisture levels, so consider the following when investigating the likely cause:
1. water ponding around the house,
2. excessive moisture leaking into the foundation ground, often due to broken pipes, making it too wet
3. invasive tree roots searching for water, making it too dry.
The value of building inspections
Fair Trading recommends investing in a pre-purchase building inspection to gain specialist advice regarding any major problems, and how the issues may affect the property over time. The inspection report can help determine future maintenance plans, with the cost of major repairs able to be factored into the purchase price.
By inspecting the whole property, especially drains and gutters, sheds, pergolas, retaining walls, windows and roofing, inspectors look for signs of structural problems and differential settlement. It is recommended that you familiarise yourself with local pre-purchase building inspection guidelines as states and territories across Australia and regions of New Zealand vary and some things may not be checked.
Extensive foundation damage should also be fully assessed by a suitably accredited structural or geotechnical engineer, to identify the cause, how extensive the settlement is, and whether the underlying cause of settlement has been fixed.
Call me anytime on 0418 120 828 for inspections in Southern Tasmania