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Pest control experts Rentokil have revealed that almost two thirds (6 % ) of Australians believe a termite infestation could reduce the value of a home by over 20%. The survey also showed that 7 4 percent would get rid of a possible home from their shortlist altogether if it were to have termites*. .
No matter if youre buying or selling your home, you shouldnt wait till its too late to have a termite inspection,'' said Kate.
The consequences are having a potential 20 percent, or even more, removed your asking price plus the added 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 is not covered by most home insurance policies.
Simon Lean, Australian Technical Manager in Rentokil said a home is one of the single biggest investments a person will make in their lifetime and so they have to be proactive in regards to termites.
Addressing a termite infestation could be both financially and emotionally distressing for a homeowner. If they are not seen early and acted on promptly, they can have a disastrous impact on your house, said Simon.
The best way to prevent termite damage is to have a termite inspection once a year. If termites are found during a regular inspection they may often be treated with minimal harm to the house and its value, said Simon.
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With the Spring property buzz upon us, sellers should avoid selling themselves short with an asking price impacted by termites. By phoning Rentokil about 1 300 76 1 94 7, Reserve a inspection or see our section.
We've summarised these stats view + many more in a video infographic, which you can view on You Tube below:
* stats have come via Pure Profile in June from online survey Rentokil commissioned . ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from study commissioned by Archicentre in 20 10.
A 201 2 Business Research commissioned by AEPMA estimated the cost of repair and treatment of harm to be roughly $10,000 per home. A 200 3 survey by Archicentre (the Construction Advisory Service branch of the Royal Institute of Architects) estimated that 6 50,000 Australian Homepage houses had become infested with termites over the last five decades.
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Termites are a growing problem in Australia. Specifically risk levels in houses are rising as construction of most homes because the 19 60s has been of a higher risk type due to the use of concrete slabs with little clearance in the ground and the usage of soft wood timber for framing.
To most people, their main asset is their home and it is therefore important that termite protection remain a priority for every home owner. .
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The ACCC recognised by abiding by the criteria set out in the Codes, pest managers who chose to become bound by the codes were also required to meet certain levels of technical experience and education in termite management practices in order to become a signatory to the codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair transactions in markets to the benefit of customers, businesses and the community. The ACCC is an independent commonwealth authority whose function is to enforce a Variety of additional and Consumer Act 20 10 and the Competition Legislation regulating infrastructure and promoting competition, fair trading.
For additional queries 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 pest controllers go to these guys and they allow users know in coping with them, what companies agree to. The principles of practice which have been lodged with AEPMA would be to signify the whole of industry.
The Code has been drawn up by an expert committee and sets the actions out. Set for dealing with termites in Australia, the choices and the principles of practice are revised to ensure that they are technically correct.