Property Presentation Task 2

This report provides detailed inspections of a residential property and a commercial property, analyzing architectural styles, key features, defects, and improvement recommendations. It also discusses the impact of defects on property presentation and legislative requirements.

A29 - PROPERTY PRESENTATION
TASK 2

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................1
RESIDENTIAL PROPERTY INSPECTION REPORT.................................................................1
Purpose of inspection...................................................................................................................1
Address of property.....................................................................................................................1
Name of the person requesting inspection...................................................................................1
Time and date of inspection.........................................................................................................1
Architectural style of property.....................................................................................................2
Key features particular to that style.............................................................................................2
Architectural and construction style impacts on the value of the property.................................2
Key features of property (Interior and exterior)..........................................................................3
Three defects................................................................................................................................6
Actions to address the defects......................................................................................................7
Impact of defects on presentation of property.............................................................................7
Improvement................................................................................................................................8
Legislative requirements..............................................................................................................8
Benefit and cost...........................................................................................................................8
COMMERCIAL PROPERTY INSPECTION REPORT................................................................8
Purpose of inspection...................................................................................................................9
Address of property.....................................................................................................................9
Name of the person requesting inspection...................................................................................9
Time and date of inspection.........................................................................................................9
Architectural style of property.....................................................................................................9
Key features particular to that style...........................................................................................10
Architectural and construction style impacts on the value of the property...............................10
Key features of property (Interior and exterior)........................................................................10
Three defects..............................................................................................................................10
Actions to address the defects....................................................................................................11
Impact of defects on presentation of property...........................................................................12
Improvement..............................................................................................................................12

Legislative requirements............................................................................................................12
Benefit and cost.........................................................................................................................12
CONCLUSION..............................................................................................................................12
REFERENCES..............................................................................................................................13

INTRODUCTION
Present study will prepare property inspection report of residential house (Rosanna Danna)
and commercial property (Know- Fault ltd).
RESIDENTIAL PROPERTY INSPECTION REPORT
Rosanna Danna is the residential home, it was constructed in the year 1998. It is
constructed at 1000 sq ft land (Property Inspection Report. 2015).
Purpose of inspection
The purpose of inspecting Rosanna Danna residential house is to identify the actual
condition of home and find out defects in the property so that it can be sold at accurate price. The
agenda of inspecting this residential property is to provide correct advice to the prospective
purchaser regarding condition of the place.
Address of property
91142, West Street,
Red bud NC
Australia 28801
856-478-9520
Name of the person requesting inspection
Russell Buchanam has requested the inspection; he lives in this house with his family.
Time and date of inspection
The inspection will be conducted on 10th September 2018 at 10.00AM in morning.
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Architectural style of property
The roof is made up with Bitumen roofing material, Surface of roof is in very good
condition. There is attic entry with ladder. Insulation depth is 4-6 inches. Metal truss framing has
been used in the home. One of the most amazing and attractive part of architecture is that
concrete exterior walls are here and interior walls are made up with sheetrocks. Brick siding style
has been used and exterior entry door has been made up with wood.
Key features particular to that style
The glass panel doors are being used in this property at the facing front side. These glass
panes are in good condition. Bitumen roofing material has key features that water proofing
capacity so this material is partly. It behaves in viscoelastic manner. One of the main feature of
using timber roof trusses is that it has great flexibility. It protects occupants from any kind of
external factors that that can create issue to the property. Such type of timbering aspect creates
aesthetically pleasing.
Architectural and construction style impacts on the value of the property
Architectural and construction styles impact on valuation of property to great extent. If
good architectural design is being used in home then it attracts buyers because it looks nice and
pleasant. That increases value of the place. Effective construction styles provide catalyst for
development in the future. Individuals willing to pay high amount for the property that has high
quality architectural designs. If quality of designs is too high then it enhances budget because
purchaser needs not to spend extra amount on renovation. Thus, it increases value of residential
property.
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Key features of property (Interior and exterior)
There is minor flaking in exterior paint thus; purchaser will have to repaint the house.
Some of the concrete corners have some cracks. Exterior doors are auto closure and no repairing
is required. Stairways, windows, decks, carports are perfectly fit (Inspection Report). East side of
property is in good condition but purchaser is required to work on parking area. Bedroom is in
good condition no repair is required. Overall condition of flooring, windows are acceptable.
Figure 1bedroom
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Figure 2parkeing area
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Wall cladding, trim, doors, windows, foundation wall, soffits, plumbing water faucets all
have been inspected and are in good condition.
Three defects
1. During inspection it is identified that walls require repairing, foundation wall at front has
missing mortar.
 Second defect is found that window facing side near garden has leakage problem if there
is rainy season.
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Figure 3leakage t window facing side
 Third defect is identified that shower base side in bathroom needs repairing, it needs re
sealing
Figure 4re sealing in bathroom
Actions to address the defects
 In order address defect of shower wall, shower base side should be re sealed.
 Leakage problem should be resolved by repairing the material, plaster is recommended.
 In order to resolve wall issues, masonry contractor is required who can repair this wall.
Impact of defects on presentation of property
If these defects are not being addressed then purchaser might not take interest in residential
property because individual will have to make huge investment in order to improve condition of
home. This might enhance their budget. It will create negative impression in the mind of
potential buyers because it will look messy.
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Improvement
In order to improve condition of the home, seller is require to repaint the entire home so
that it looks presentable. Furthermore, roof contractor must be hired for repairing the roof
structure.
Legislative requirements
Seller has to meet the obligations of safety legislation. Individual always has to ensure that
entire renovation is being done as per the standards of safety act so no accidents take place.
Property repair and maintenance obligations need to be fulfilled by making renovation in the
residential property.
Benefit and cost
Total cost of improvement
Charges of masonry contractor $3000
Material cost $4000
Labour cost $2000
Total cost $9000
Benefit
This improvement will enhance value of this residential property and purchaser will take
more interest in this place. This will be beneficial for seller as well because individual will sell
his property to the person who is ready to give highest amount of this home.
COMMERCIAL PROPERTY INSPECTION REPORT
Know- Fault ltd property is five unit offices building which was constructed in the year
1985. It is constructed at 8100sq ft (Know-Fault Ltd. 2014).
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Purpose of inspection
The purpose of conducting this investigation of Know- Fault ltd property is to identify its
real situation and advice purchaser before taking it into lease..
Address of property
PO Box 598,456, Daniel Webster Highway
Australia,45789
603-816-1458
Name of the person requesting inspection
The person who is requesting for inspection is Steve Mangekian.
Time and date of inspection
Date of inspection: 25/08/ 2018
Time: 10.00AM
Architectural style of property
Exterior doors are made up with CMU block material.. Aluminium and insulated panes
have been used in windows. There are thermal seal double glazed windows. Roofing system is
made with steel roofing trusses, fastened insulation is here. Colour combination in this property
is very good that attracts buyers. Designing that has been used in this building is appropriate and
creating good impression on workers.
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Key features particular to that style
In the architecture and construction design CMU block material has been used. This style
is uses less energy and it is more sustainable. These have fire resistance capacity and affordable
as well. Use of Aluminium panels gives traditional look to property. This gives benefit to the
building and allows faster renovation in old buildings.
Architectural and construction style impacts on the value of the property
If new architecture is being done then it consumes too much cost thus, it raises prices of
property. But if owner has used traditional architecture designing them it can reduce cost and can
decrease value of the place as well. Good architectural develops sense of community and meet
with the demand of consumer. If property is meeting with the requirement of buyer then they
will willingly pay more amounts for the estate.
Key features of property (Interior and exterior)
Exterior doors have been inspected they are perfect and no improvement is required.
Sidewall system is in good condition, there is no safety concern. Steel roofing system and use of
stone ballast have improved roofing elements in commercial property.
Three defects
 One of the major defect has been found during inspection is that fire suppression system is
present in the building but it has not been used thus, it is unable to work properly in the
complex situation.
Figure 5: fire suppression system
 This commercial building has only one electric heater which is three year old. It is unable
to work properly.
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Figure 6: electric heater and water temperature
 It is found that air ventilation is present in basement but it is in inoperative condition.
Figure 7: Inoperative air ventilation
Actions to address the defects
In order to address these defects, it is very important for the all mechanical and technical
equipments should be repaired on time so that they can work properly. There is require to replace
old electrical heater with modern machine so that it can control over water temperature.
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Impact of defects on presentation of property
All these defects impact negative in the mind of inspector because it requires huge
spending in order to improve the condition. When basement, interior or exterior elements are
being viewed then it looks unsecure that influence mind of purchaser.
Improvement
In order to improve overall condition of building owner should make contact with
contractor in order to repair all damage machineries and equipments. Furthermore, they have to
make the building more presentable by involving attractive architectural design so that it looks so
nice and can create positive image in the mind of consumers.
Legislative requirements
There are many legal requirements that need to be undertaking by the owner while
planning for improvements. Individual should consider safety act so that repairing of firm
equipments and other air ventilation can be made accordingly.
Benefit and cost
Cost
Repairing cost $15000
Labour cost $7000
Raw material cost $10000
Utility bills while improvements $5000
Total cost $37000
Benefit
It this amount has been spent in this property then it will enhance interior and external
value of the commercial properly. By making changes in existing system total production rate
and profitability of the building would be raised.
CONCLUSION
From the above study it can be concluded that it is essential to look at each small thing while
inspecting property so that value of the property can be measured and real estate agent can deal
with prospective buyer.
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REFERENCES
Inspection Report. 2016.[Online]. Available through
https://www.homegauge.com/report/2408242/FullReportForUploadorPrintWithPictures.h
tml#RoofingSystems
Know-Fault Ltd. 2014. [Online].Available through
<http://www.inspectabuilding.com/uploads/sample_reports/sample_report_professional_
office_building.pdf>
Property Inspection Report. 2015. [PDF]. Available through
http://vadenpropertyinspections.com/wp-content/uploads/2016/03/Inspection-Report.pdf
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