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Pest control specialists Rentokil have revealed that nearly two thirds (6 % ) of Australians believe that a termite infestation would reduce the value of a home by over 20%. The survey also showed that 7 4 percent would get rid of a potential home in their shortlist altogether if it were to have termites*. .
Irrespective of whether youre buying or selling your house, you shouldnt wait until its too late to have a termite inspection,'' said Kate.
The consequences are having a potential 20%, or even more, taken off your asking price plus the extra expense of fixing the damage, she added.
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The average price of termite damage is between $7,000 and $8,000*** and isn't covered by most home insurance policies.
Simon Lean, Australian Technical Manager in Rentokil said a home is just one of the single biggest investments a person will make in their lifetime and so they have to be proactive in regards to termites.
Dealing with a termite infestation could be both financially and emotionally distressing for an individual homeowner. If they are not seen early and acted promptly, they can have a disastrous impact on your home, said Simon.
The best approach to prevent termite damage would be to get a termite inspection annually. If termites are found during a normal inspection they can frequently be treated with minimal harm to the house and its value, said Simon.
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With the Spring property buzz , sellers should avoid promoting themselves short with an asking price impacted by termites. Reserve a termite inspection today or see our section that is termite.
We have summarised these stats more on You Tube under, in a infographic, which you can view:
Stats have come via Pure Profile in June in the an online survey Rentokil commissioned this year. ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from research commissioned by Archicentre at 20 10.
A 201 2 Business Research estimated the cost of repair and treatment of harm to be roughly $10,000 per home. A 200 3 poll by Archicentre (the Construction Advisory Service division of the Royal Institute of Architects) estimated that the 6 50,000 Australian homes had become infested with termites within the last five years.
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Termites are a growing problem in Australia. Specifically risk levels in houses are climbing as building of most homes since the check my reference 19 60s has been of a higher risk type due to using concrete slabs with very little clearance in the ground and the use of soft wood timber for framing.
To most people, their most important asset is the home and it is therefore important that termite protection remain a priority for each home owner. .
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The ACCC recognised by abiding by the criteria set out in the Codes, pest managers that chose to be bound by the codes were also required to meet specific levels of practical experience and schooling in termite management clinics so as to be a signatory to the codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair transactions in markets to the advantage of customers, companies and the community. The ACCC is an independent commonwealth statutory anonymous authority whose function is to apply a range of additional and Consumer Act 20 10 along with the Competition Legislation regulating federal infrastructure to the benefit of Australians and promoting competition.
For further questions or enquiries regarding the ACCC, please refer to their website at www.accc.gov.au. .
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A code of practice sets business standards of behavior out. They're guidelines for dealing between you and controls and they allow users know in coping with them, what businesses agree to. The codes would be to signify the whole of industry.
An expert technical committee has drawn up the Code and sets out the present best actions to consider in dealing with termites. Set for handling termites in Australia, the best options and the principles of practice are regularly revised to make sure they are useful source technically appropriate.