How much does a home inspection cost? How much risk do you run by not paying for a home inspection? Some will waive their right to a home inspection. Fortunately, that is not a large number. The reports from a thoroughly well done professional service will reveal all of warts and blemishes in a dwelling. Wouldn’t you want to know the true condition of the home before you own it?
🕵️♂️ How Much Does A Home Inspection Cost?
What are the secrets of that house you’re thinking of buying? What’s in the basement, in the attic, on the roof? Are mechanical systems working properly?
The purpose of a home inspection is to determine the condition of the home at the time of inspection. The inspection report is often used in determining the value of a purchase and presents an opportunity for negotiating price and repairs that may be required. Sellers, remember that your commitment to home maintenance or lack there-of can make a big difference in the final sales price. Let things go and you may find that the contract you have with a great buyer is now in jeopardy.
Home inspectors give the home a thorough physical examination. Normally home inspectors probe the ins and outs of residences and provide a detailed report. Home inspectors are similar to primary care physicians, except that home inspectors are not permitted, by law, to work on houses they inspect. They spend the time to check out your house and refer their clients to a specialist — a plumber, electrician or other experts when warranted.
Certified for Your Peace of Mind
Make sure to ask how much does a home inspection cost before you agree to hire any company. Make sure the company and the person doing the physical inspection are certified. ASHI (American Society of Home Inspectors) is one such certification organization.
How much can you expect to pay for a good home inspection? The cost varies according to the area and is based on the sampling methods, test procedures and the number of tests performed, but a homeowner can generally plan on spending around $300 and $400. This is a worthwhile investment to avoid future unforeseen expenses.
Do not let cost be a factor in deciding whether or not to have a home inspection or in the selection of your home inspector. It is worth the cost, and the lowest-priced inspection is not necessarily a bargain.
📈 Pricing Varies by Square Footage
In a home inspection, one size does not fit all.
The answer to our question “how much does a home inspection cost” will vary accordingly.
The level of experience and talent of home inspectors varies. The size and age of homes vary.
Some homes/condos can be inspected in 2 to 3 hours.
Older, larger homes can take 4 or more hours.
Some inspection reports might take an hour or two to complete, while others might take 4 hours or more.
A thorough inspection and report can take around 5 to 6 hours.
The time involved the condition of the property, how large the home is, what year it was built, and the optional additional inspections such as termite, and pool inspections will impact the final price paid. You can also have an estimate value for your home here.
You, the buyer, determine the degree of examination for your purchase. Buyers should know how much does a home inspection cost (including options) before entering an agreement.
💁♀️ I Found My Inspector. Now What?
Once you have selected the right inspector for you it’s time to move forward.
If the inspection turns up little wrong with the house, you’ve bought some relatively inexpensive peace of mind.
If the home inspector finds serious problems, the price paid could end up saving you many thousands of dollars.
If your home needs a new roof, that’s can run $7,000 – $15,000 on a home that is 1,300 – 2,000 square feet (or more) that the inspector found for you, or termite damage, or foundation damage —the inspection just paid for itself.
This will help you, the home buyer, bargain with the seller appropriately. Each item discovered should be considered as a talking point to adjust terms or price with the seller.
🏺 Common Inspection Items
The standard inspection checklist includes electrical, plumbing, heating and cooling systems. Siding and roofs are evaluated, as are foundations and interior walls and ceilings. Doors and windows are checked for tightness. A home inspection is a visual inspection of readily accessible areas and components to determine the condition of major systems, structure, and other operations would include, limited to, detached garages, three-story buildings, larger homes, older homes, termites, mold, radon, water quality, asbestos, lead paint and lead dust.
These extras can add to the cost of a home inspection but they all have their place in conjunction with a home inspection. If a home purchasing requires inspection services in addition to the basic home inspection. Therefore the buyer must know how much a home inspection cost.
👍 Final Home Inspection Thoughts
Contact us if you would like to find a home. We’ll help you through the entire process including home inspections. You can text or call my team and me at 1-480-442-3501.
Learn More About This From Top Agents All Across the Land
13 Things to Know About Luxury Home Inspections – by Joy Bender
Major Problems & Common Issues on Home Inspections – by Jeff Knox
Why Buyers Should Get Home Inspections – by Kelly Rafaelli
Real Estate Agents Should Attend Home Inspections – by Bill Gassett
How to Prepare for a Home Inspection When Selling Your House – by Paul & Andrea Kohlman