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Pest control specialists Rentokil have revealed that almost two thirds (6 % ) of Australians believe a termite infestation could reduce the value of a house by more than 20%. The survey also revealed that 7 4% would get rid of a potential house in their shortlist entirely if it were to have termites*. .
Irrespective of whether youre buying or selling your home, you shouldnt wait until 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 and 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 isn't covered by most home insurance policies.
Simon Lean, Australian Technical Manager at Rentokil said a house is 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.
Dealing with a termite infestation could be both financially and emotionally distressing for a homeowner. If they are not spotted early and acted on promptly, they can have a devastating effect on your house, stated Simon.
The best approach to prevent irreparable damage is to have a termite inspection annually. If termites are found during a regular inspection they may often be treated with minimal harm to the property and its value, stated Simon.
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With the Spring property buzz , sellers should avoid selling themselves short with an asking price. Reserve a inspection today by phoning Rentokil about 1 300 76 1 94 7 or see our termite section.
We have summarised these stats more in a infographic, which you can view on You Tube under:
* stats have come in the online survey Rentokil commissioned this year. ** is from CSIRO Termite Survey and Hazard Mapping research. *** Is from research commissioned by Archicentre in 20 10.
A 201 2 Business Study commissioned by AEPMA estimated that the cost of repair and treatment of harm 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 the 6 50,000 Australian homes had become infested with termites over the last five years.
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Termites are an increasing problem in Australia. Especially risk levels in homes are rising as construction of the majority of homes since the 19 60s has been of a higher hazard type due to using concrete slabs with very little clearance in the ground and the usage wikipedia reference 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 standards set out in the Codes, pest managers who chose to be bound by the codes were also required to satisfy certain levels of practical experience and education in termite management practices so as to be a signatory to those codes.
The Australian Competition and Consumer Commission (ACCC) promotes competition and fair trades in markets to the advantage of consumers, companies and the community. The ACCC is an independent commonwealth authority whose role is to apply the Competition and Consumer Act 20 10 and a range of additionalLegislation regulating infrastructure for the benefit of Australians 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 conduct out. They are guidelines for fair dealing between you and controllers and they allow consumers understand in coping with them what businesses agree to. The codes would be to represent the whole of industry.
An expert technical committee has drawn up the Code and sets the current best actions out. Set out for dealing with termites in Australia, the best choices and the principles of practice are often revised to make sure they are technically appropriate.