Property surveys aren’t just for when disputes between neighbours arise. Below are a few other occasions when having a survey performed is well worth the (modest) expense.
You’re seriously considering buying that house. How big is the lot? Where does it begin and end? Are there any registered easements on the property? Or any encroachments? All these questions are crucial for buyers, and the answers are provided in a property survey. Surveys lend buyers peace of mind by illustrating exactly what buyers would – and wouldn’t – be getting for their money.
You’ve decided to sell your house. By getting a property survey done before going on market, you and your representative will know exactly what you are – and aren’t – selling, and be able to address any issues raised prior to listing. That means a smoother, shorter path to closing (especially for a buyer whose offer is contingent on a survey), making property surveys a helpful marketing tool.
You’re thinking of making improvements to your property. In addition to boundary lines, property surveys show the location of utility equipment like power cables and gas pipes. Knowing where these things are before you begin a project can save you a lot of heartache and expense; you don’t want to put up that fence or shed only to find out that it’s actually on your neighbour’s property.