Crestico, Mortgage Company
@Crestico
Hi Jason,
Home inspection cost depends on your property type, location and size. can you tell us more about your property?
Bob Broshack, Member
@poipman1
When trying to decipher through all of the prices of a home inspection, keep in mind that there are a few different factors to consider in finding a reasonable price. The first one is location.
Different locations have different averages of what homeowners spend on a home inspector. Just as a reference, the national average is anywhere from $401 to $529. However, depending on your location, this can be plus or minus a few hundred dollars.
The next factor is the actual size of your home. This one is simple. The bigger the home, the longer it will take for an inspection to be done and, as a result, the more expensive. Some homes may take two to three hours while others may take four to five hours. One important thing to note is if your home has any detached garages, barns, sheds, etc., some inspectors count this as still being the main home, while others may charge extra for them.
Furthermore, as with most things in life you get what you pay for. If you would like a quality home inspection expect to pay a little more. This can pay out dividends. The better educated the inspector is in detecting termites, mice, etc. the better off you will be. Buying a home and then finding out that there are termites eating the foundation would be a horrible experience.
So with all of these factors in consideration, start off with about the average price for either your local area or nationally, and adjust for these different factors. Take into account the size of the home, if there are any attachments that may cost extra, and the quality of the inspector himself/herself. From here you should be able to estimate a reasonable cost for a home inspection. Expect to be within $100 to $200 dollars of the estimate that the home inspector gives you.
rshf75182, Member
@rshf75182
Hi,
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Ross Garner, WalletHub Community Manager
@RossGarner
It can be really hard to find an accurate average price for a home inspection.As you’ve probably discovered, the price depends on how thorough an inspection you want done.With the downturn in the housing market, you can now get an inspection for what used to be unthinkable prices, sometimes as low as $99.You could also end up paying $1,000 or more to get a large property inspected or a detailed report produced.Most homeowners spend somewhere between $200 and $300, but you should really consider what type of service you need and want on your current or future home.
Before you hire any home inspector, you should ask what they are qualified to inspect.If you live in a state which requires licensing, then your inspector should be licensed to inspect for mold, termites, and radon (others will offer advanced techniques like infrared tomography as well).Before choosing your inspector, you should do a little research on your area and neighborhood to see what common problems there are.For instance, if many of the neighbors have had to replace appliances, then your inspectors should probably spend some extra time on your potential home’s appliances.
The price of an inspection usually boils down to how much time an inspector will be spending in your home.Lower-priced inspectors will be trying to look at two or more homes a day and will therefore only spend 2-3 hours at yours, while a more expensive inspector will usually look at only a single home in a day and might spend 6 or more hours doing so.While it might be attractive to save a few hundred dollars on an inspection when trying to buy a house, you should consider what will happen if the inspector misses something and you end up having to foot the bill for repairs in the future.
You should always be present during a home inspection.Not only do you want to make sure everything is being looked at thoroughly, but if you are present the inspector will also be able to point out potential problems, so you can understand and prepare for them in the future.You can also make sure the inspector is not just using a checklist, as they might miss many potential problems if they are only looking at basic requirements.After any inspection, you should receive a detailed written report covering everything the inspector found wrong in your home – some reports will even include pictures of problems.Be sure to keep the inspector’s report for future reference in case anything should ever happen and you need proof that your inspector missed it.
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