Canadian Association of Home & Property Inspectors

Canadian Association of Home & Property Inspectors

November 13, 2014 13:27 ET

Cost of Alberta Home Inspections to Soar

CALGARY, ALBERTA--(Marketwired - Nov. 13, 2014) - A coalition of Alberta Home Inspectors met Saturday Nov 1, 2014 in Red Deer, Alberta to discuss the draft Home Inspection Standard "A770", recently released for public review by the CSA (Canadian Standards Association).

Based on their initial review, Home Inspectors from across the province feel the proposed Standard of Practice will dramatically increase the cost of a Home Inspection and at the same time may actually reduce consumer protection due to anticipated time & cost increases needed to comply with the proposed regulation. This increase in the cost of a Home Inspection means that those that most need an inspection will likely have to opt out of having one. A typical Home Inspection today, ranges in price from $400 - $600. The proposed changes could easily put future cost in the range of $1200 - $1800 or more.

If adopted, the proposed new Standard oversteps the accepted Standards used throughout North America. It has the potential to negatively impact the Real Estate Industry as a whole. What is unknown is how Home Sellers, Home Buyers and Realtors will react to a Home Inspection that could take 1 to 2 days to complete.

If this proposed Standard is accepted, it could effectively cripple the industry as we know it. Home inspectors from across Alberta urge everyone to give their input.

To read and comment on Proposed CSA Standard A770, click this link: http://publicreview.csa.ca/Home/Details/1368.

To read the existing 2012 CAHPI Standard of Practice click this link:
http://www.cahpi.ca/images/stories/pdfs/2012 sop verf-aug 22 final.pdf.

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