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Pest control experts Rentokil have revealed that almost two thirds (6 5%) of Australians think that a termite infestation could decrease the value of a house by more than 20%*. The poll also showed that 7 4% 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 house, you shouldnt wait till its too late to have a termite inspection, said Kate.
The results are having a potential 20%, or more, taken off your asking price plus the added cost of mending the damage, she added.
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The average price of termite damage is between $7,000 and $8,000*** and is not covered by most home insurance policies.
Simon Lean, Australian Technical Manager at Rentokil explained a home is just one of the single largest investments a person will make in their lifetime and thus they need to be proactive when it comes to termites.
Addressing a termite infestation can be both financially and emotionally debilitating for a homeowner. If they're not spotted early and acted on promptly, they may have a devastating effect on your home, stated Simon.
The best way to prevent irreparable damage would be to get a termite inspection once a year. If termites are found during a regular inspection they may frequently be treated with minimal damage to the house 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. By calling Rentokil about 1 300 76 1 94 7, Reserve a termite inspection or visit with our termite section.
We've summarised these stats more on You Tube under in a video infographic, which you can view:
* stats have come via Pure Profile in June from an online survey Rentokil commissioned . ** is from CSIRO Termite Survey and Hazard Mapping additional info research. *** Is from research commissioned by Archicentre in 20 10.
A 201 2 Business Study commissioned by AEPMA estimated that the cost of treatment and repair to be roughly $10,000 per home. 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 last five decades.
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Termites are a growing problem in Australia. Especially risk levels in homes are climbing as construction of the majority of homes because the 19 60s has been of a higher risk type because of using concrete slabs with very little clearance in the floor and the usage of soft wood timber for framing.
To most people, their most important asset is their home and it is therefore important that termite protection remain a priority for each home owner. .
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The ACCC recognised that by abiding by the criteria set out in the Codes, pest managers who chose to become bound by the codes were also required to satisfy specific levels of technical experience and education in termite management clinics so as to be a signatory to those codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and read the article fair transactions in markets to the benefit of customers, companies and the community. The ACCC is an independent commonwealth statutory authority whose function is to enforce a Variety of additional and Consumer Act 20 10 and the Competition Legislation regulating federal infrastructure and boosting competition, fair trading.
For further questions 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 industry standards of behavior out. They are guidelines for dealing investigate this site between pest controllers and you and they let consumers understand in dealing with them, what companies agree to. The principles of practice which have been lodged with AEPMA are to signify the whole of business.
The Code has been drawn up by an expert committee and sets out the actions. The codes of practice are revised to make sure that they are technically correct and set out the best choices for handling termites in Australia.