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Pest control specialists Rentokil have revealed that nearly two thirds (6 5%) of Australians believe that a termite infestation would reduce the value of a home by more than 20%*. The poll also showed that 7 4 percent would remove a potential house from their shortlist entirely if it were to have termites*. .
No matter whether youre buying or selling your home, you shouldnt wait until its too late to have a termite inspection, said Kate.
The results are having a possible 20 percent, or even more, removed your asking price plus the extra cost of fixing the termite damage, she added.
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The average cost 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 one of the single largest investments a person will make in their lifetime and thus they need to be proactive in regards to termites.
Dealing with a termite infestation could be both financially and emotionally debilitating for an individual homeowner. If they're not spotted early and acted promptly, they can have a disastrous impact on your home, said Simon.
The best approach to prevent irreparable damage is to have a termite inspection annually. If termites are found during a regular review they can often be treated with minimal damage to the property and its value, stated Simon.
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With the Spring land buzz , sellers should avoid promoting themselves short with an asking price impacted by termites. By calling Rentokil on 1 300 76 1 94 7 Reserve a inspection today or visit 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 from an online survey Rentokil commissioned by Pure Profile in June this year. ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from study commissioned by Archicentre at 20 10.
A 201 2 Business Research commissioned by AEPMA estimated that the average cost of repair and treatment of damage to be roughly $10,000 per house. A 200 3 survey by Archicentre (the Building Advisory Service division of the Royal Institute of Architects) estimated that 6 50,000 Australian houses had become infested with termites over the previous five years.
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Termites are a growing problem in Australia. Especially risk levels in houses are rising as construction of most homes because the 19 60s has been of a greater hazard type because of the use of concrete slabs with little clearance in the floor and the usage of soft wood timber for framing.
To most people, their main asset is the look at here now 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 required to meet certain levels of practical experience and schooling in termite management clinics so as to become a signatory to the codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair trades in markets to the advantage of customers, companies and the community. The ACCC is an independent commonwealth statutory authority whose function is to apply the Competition and Consumer Act 20 10 and a range of additionalLegislation regulating national infrastructure to the benefit of Australians and promoting fair trading, competition.
For additional 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 my explanation industry standards of behavior. They are guidelines for dealing between controls and you and they allow consumers know in dealing with them what companies find out here agree to. The principles of practice that have been lodged with AEPMA are to represent the whole of business.
An expert technical committee has drawn up the Code and sets out the actions. Set the best options for dealing with termites in Australia and the principles of practice are regularly revised to make sure that they are technically correct.