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Home & Garden

The Importance of Annual Inspections on Investment and Vacation Properties.

2
minute read

Have you thought of scheduling annual property inspections on your vacation homes, cottages, and rental properties? It is a great preventative measure that can save you a lot of money before major issues arise.

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The Importance of Annual Inspections on Investment and Vacation Properties.
July 11, 2024

INVESTMENT & RECREATIONAL PROPERTIES BENEFIT FROM ANNUAL MAINTENANCE INSPECTIONS TOO

Scheduling an annual property maintenance inspection for all of the properties you own – including vacation homes, cottages, and rental properties that have regular tenants or shorter-term rentals through Airbnb or Vrbo – is a great preventative measure that can save you a lot of money before major issues arise.

By identifying any problems early, they can often be remedied before spiraling out of control. Your investment and recreational properties are valuable investments, and failure to properly maintain them can cause extreme damage and downgrade their value.

A lot can happen to a property’s exterior over the course of a year, particularly when it comes to extreme winter weather conditions such as wind, freezing rain, ice, and snow.

Equally as important is ensuring the mechanical systems within each property are running as intended.

Having a professional home inspector keeping track of your properties on an annual basis will also offer you added peace of mind that your investments are being well monitored and maintained. It’s especially difficult to keep an eye on a property and identify issues when you’re not living there.

Property maintenance inspections examine these key components:

  • Basement walls and drains
  • Gutters and drain spouts
  • Heating and cooling systems (including filters)
  • Plumbing and faucets
  • Electrical systems
  • Roofing
  • Windows and doors
  • Fireplaces and chimneys
  • Smoke detectors and other safety equipment

Following a thorough property maintenance inspection, our inspectors always provide you with three complete action lists: 1) Required Items; 2) Deferred Items; & 3) Future Maintenance Items.

As indicated by their names, Required Items are issues that demand your immediate attention, Deferred Items are problems that need to be addressed in the near future and Future Maintenance Items are noteworthy points that aren’t urgent, but should be monitored during future assessments.

If you have any questions about home inspections, we welcome you to contact Steve Fraser at 403.878.7580 or steve.fraser@abuyerschoice.com

Article ID:
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