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Pest control experts Rentokil have revealed that almost two thirds (6 % ) of Australians think that a termite infestation would decrease the value of a home by more than 20%*. The survey also revealed that 7 4 percent would remove a possible home from their shortlist altogether if it had been to have termites*. .
No matter if youre buying or selling your home, you shouldnt wait until its too late to have a termite inspection, said Kate.
The consequences are having a possible 20%, or even more, removed your asking price plus the added expense of fixing the termite damage, she added.
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The normal cost of termite damage is between $7,000 and $8,000*** and is not covered by most home insurance policies.
Simon Lean, Australian Technical Manager in Rentokil explained a home is one of the single biggest investments a person will make in their lifetime and thus they have to be proactive when it comes to termites.
Addressing a termite infestation could be both financially and emotionally debilitating for a homeowner. If they are not spotted early and acted promptly, they can have a devastating effect on your house, said Simon.
The best way to prevent irreparable damage would be to have a termite inspection annually. If termites are found during a regular inspection they can often be treated with minimal harm to the property and its value, stated Simon.
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With the Spring property buzz upon us, sellers should avoid promoting themselves short with an asking price influenced by termites. Book a inspection today or visit our section.
We have summarised these stats many more on You Tube under, in a movie infographic, which you can view:
* Statistics have come in the an online survey Rentokil commissioned by Pure Profile in June . ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from study commissioned by Archicentre at 20 10.
A 201 2 Industry Study estimated the average cost of treatment and repair of damage to be roughly $10,000 per house. A 200 3 poll by Archicentre (the Construction Advisory Service branch of the Royal Institute of Architects) estimated that 6 50,000 Australian homes had become infested with termites within the last five decades.
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Termites are an increasing problem in Australia. Specifically risk levels in houses are rising as construction of most homes since the 19 60s has been of a higher risk kind due to the use of concrete slabs with little clearance from the ground and the usage of soft wood timber for framing.
To most people, their main asset is their home and therefore it is important that termite protection remain a priority for every home owner. .
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The ACCC recognised that by abiding by the criteria set out in the Codes, pest managers that chose to be bound by the codes were required to satisfy specific levels of practical experience and schooling in Get More Information termite management practices in order to be a signatory to those codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair trades in markets to the benefit of consumers, businesses and the community. The ACCC is an independent commonwealth authority whose function is to enforce the Competition and Consumer Act 20 10 and a Variety of additionalLegislation regulating federal infrastructure to the benefit of Australians and promoting fair trading, competition.
For further queries or enquiries about the ACCC, please refer to their own website at www.accc.gov.au. .
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A code of practice sets out industry standards of behavior. They are guidelines for honest dealing between you and pest controls and they allow users know in dealing with them what businesses agree to. The principles of practice which were lodged with AEPMA are to represent the whole of industry.
The Code was drawn up by an expert technical committee and sets the present best actions out. Set out for dealing with termites in Australia, the best choices and the codes of practice are often revised to make sure they are technically appropriate.