Importance of Conducting Building Surveys: - PowerPoint PPT Presentation

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Importance of Conducting Building Surveys:

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Building surveys are a means of providing a detailed assessment of a property’s condition which involves an in-depth inspection. Even though this might not be one of the most effective forms of surveys available to property owners but it is one of the most common and convenient surveys. – PowerPoint PPT presentation

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Title: Importance of Conducting Building Surveys:


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Importance of Conducting Building Surveys
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(No Transcript)
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Building surveys are a means of providing a
detailed assessment of a propertys condition
which involves an in-depth inspection. Even
though this might not be one of the most
effective forms of surveys available to property
owners but it is one of the most common and
convenient surveys. These surveys are commonly
undertaken to assist property proprietors in
understanding the condition of their property,
recording risks and potential expenditures that
may be required, and permitting them to develop
appropriate remedial or upkeep plans. Building
surveys however are not exclusive as they can be
availed by individual homeowners and personal
property owners and are also included in property
portfolios to have a net idea of future
investments and maintenance fees. What do
building surveys aim at? Building surveys are
generally conducted by chartered surveyors who
provide homeowners with a detailed well
documented official report on the present
condition of their property. The report includes
the condition of the building, guidelines on how
to conduct proper maintenance, and the
appropriate approach to cope with cropping
issues. Having said that, let us now discuss what
the finest building surveys primarily aim at
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  • Documenting the present situation of the
    property, highlighting areas of failure or
    concern.
  • Identifying reasons for past, or ongoing,
    deterioration
  • Recognizing problems that need attention to save
    you serious harm.
  • Identifying matters that want additional
    inquiries to pre-empt issues in the future.
  • Providing conservation and maintenance tips.
  • Supplying an estimate of the value of any works
    that may be required.
  • Building surveys are therefore highly beneficial
    for homeowners as it highlights every aspect of
    their property.
  • The different types of building surveys
  • Homeowners usually opt for building surveysto
    know about the condition of their property in a
    detailed and documented manner. This can help
    them plan the budget for future investments and
    make them aware of the major loopholes that can
    cause them serious damage.
  • There are three basic types of building surveys
    offered to homeowners, let us read about them in
    detail.
  • The condition report A report consisting of a
    detailed survey on the condition of the property,
    legal issues, future problems, and potential
    threats to the property is known as the condition
    report. This is usually conducted on relatively
    new buildings and properties.

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  • Home condition survey The Homebuyer report or
    home condition Survey is a basic survey that
    encompasses all the functions of a level one
    report in addition to defects that could affect
    the property. Furthermore, it includes
    recommendations on repairs and maintenance. It
    may also consist of a marketplace valuation if
    required. This type of survey is suitable for
    popular homes in reasonable condition.
  • Conducting a full building survey A full
    building survey is an advanced stage of the
    survey. It is an in-depth observation of the
    propertys situation with advice on defects,
    maintenance, and a way to maintain the property.
    A level three survey is suitable for older
    residences, unusual houses, preservation
    projects, and houses in a bad condition. As such
    it is the greater expensive and comprehensive
    option.
  • As a parting note, we would like to say that
    building surveys are of great importance and
    homeowners should definitely.

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