Short answer, No. A property can not “fail inspection”.
Long answer… A home or commercial inspection is an examination and assessment of the current condition of a property. It is not a ‘market value appraisal’ or a ‘council compliance inspection’.
A property inspection will give you a detailed run-down of a properties condition, indicating what may need to be repaired or replaced. However, a good, unbiased, independent inspector will help you make the right decision in determining if a property is worth your time and money. I suppose that is the true indicator of whether a property has ‘failed’ an inspection or not.
Due to costs greatly fluctuating from one builder to the next due to methods, materials, designs and tastes I can not quote a client on repair or renovation costs.
However I do give clients a detailed estimation of cost and time within the inspection report of any work which may be required.
I remain independent of builders and real estate agents and endeavour to serve the best interests of the client, offering unbiased assistance well after the inspection has been completed.