While a home inspection may sound like a waste of time and money for someone not interested in selling their home, there are actually several ways it can save you time and money in the long run.
Even if you’ve lived in your home for years and know all the ins and outs, a home inspection can be very valuable. Here are five reasons our team at Jensen & Company suggests a home inspection even if you’re not selling soon.
1. What you don’t know
Over the years your home takes on a personality of its own. Just like us, it has its quirks, strengths, and weaknesses. You may be convinced you know every last square inch of your home, but the reality is you probably do not.
A home inspector will do a thorough evaluation of places where you probably don’t spend a ton of time–the attic, crawlspace, behind your toilets, under the sink, on the roof, etc. These are some of the most critical areas of the home, and a proper evaluation can ensure a safe and well functioning home.
2. Time & Money
Let’s say you decide to take our advice and get a home inspection. And say the home inspection reveals some flaws with your home that need to be addressed. Because you are not in a rush to sell the home, you now have time to devise a plan and budget to address these issues.
With time on your side, you don’t have to be at the mercy of whatever technician or contractor is available at that moment in a panic. Time is a powerful tool!
3. Accurate Information
Unless you’ve replaced your roof within the last five or so years, you may not remember the exact age of your roof. Same for that old water heater that you keep telling yourself you’re going to replace, but it keeps on working!
A home inspection gives you accurate information on the ages of all the major systems in your house–the roof, HVAC, water heater, furnace, etc. Most inspectors will also measure the square footage of your home.
This is valuable information as you can use it if you decide to sell your house or for your own records and planning.
4. Decide to Rent
Maybe you aren’t ready to sell your house quite yet, but you’ve run some numbers, and you have an idea of how much rental income you could bring in (Park City is an excellent market for luxury and vacation rentals).
Even if you aren’t selling, a home inspection is a good idea to get your home in tip-top shape to maximize your investment. Park City guests expect the best when they visit our community, so make sure you fix those little ins and outs!
5. Knowledge is Power
If you decide to sell your home, knowledge is a powerful negotiating tool. The more information you have when you do decide to start the selling process, you will have more accurate expectations and goals.
Jensen & Company has several connections with home inspectors in Park City. We would be happy to connect you with one, and if you ever decide to sell, you know where to find us!