Before taking possession of a new property, it’s essential to perform a Pre-Delivery Inspection (PDI) to ensure that everything is in working order and meets the terms of the agreement. A PDI is conducted by the buyer or their representative to inspect the property and verify that it meets all the agreed-upon specifications. Click here to learn all about Pre-delivery Inspection (PDI) and access your essential checklist.
In this blog post, we will discuss what should be on your PDI checklist, the importance of a PDI, and provide some real market researched data and examples.
Importance of PDI:
A PDI is crucial in identifying any defects or issues that need to be addressed before taking possession of the property location like areas in (Toronto , mississauga ). It’s an opportunity for the buyer to ensure that the property they’re about to take possession of is in the condition that was agreed upon at the time of sale.Curious about what a Pre-Delivery Inspection for a new condo involves? Click here to find out!
Real Market Researched Data:
According to a survey conducted by the National Home Warranty Program, 50% of all new homeowners reported finding at least one issue during their PDI. These issues ranged from minor cosmetic defects to more significant issues, such as heating and plumbing problems.
Another study conducted by the Canada Mortgage and Housing Corporation found that the most common issues reported during a PDI were related to the interior finishes, such as paint, flooring, and trim.
Real-life Examples:
Let’s take a look at some real-life examples of issues that were discovered during a PDI.
Example 1: In a new condominium development in Toronto, several buyers reported that their units were not built according to the plans that were agreed upon at the time of sale. In some cases, walls were not in the correct location, and the size of the units was smaller than what was promised. These issues were discovered during the PDI, and the developer had to make the necessary changes to ensure that the units met the agreed-upon specifications.
Example 2: In a new townhouse development in Vancouver, several buyers reported issues with the heating and cooling systems during their PDI. The HVAC system was not working correctly, and some units had leaks in the ductwork. These issues were addressed by the developer before the buyers took possession of their properties.
PDI Checklist:
Now let’s take a look at what should be on your PDI checklist. This is not an exhaustive list, but it will give you an idea of what to look for during your inspection.
- Exterior: Check the exterior of the property, including the roof, siding, and windows, for any signs of damage or defects.
- Interior finishes: Check the interior finishes, including paint, flooring, trim, and cabinetry, for any defects or damage.
- Plumbing: Test all the faucets, toilets, and showers to ensure that they’re working correctly.
- Electrical: Check all the light fixtures, outlets, and switches to ensure that they’re working correctly.
- HVAC: Test the heating and cooling systems to ensure that they’re working correctly.
- Appliances: Test all the appliances, including the refrigerator, stove, and dishwasher, to ensure that they’re working correctly.
Conclusion:
Performing a Pre-Delivery Inspection (PDI) is crucial in ensuring that your new property meets all the agreed-upon specifications and is in working order. By using the checklist provided in this blog post, you can ensure that you don’t miss any critical items during your inspection. Remember that a PDI is your opportunity to identify any issues before taking possession of the property, so don’t hesitate to report any defects or issues to the developer or builder.
Contact our experts for personalized advise and real estate investment planning in the GTA. Call 416-878-0749 or Register here.