In some circumstances, it may be mandatory to hire a home inspector before purchasing it. Your loan agent may insist this be done as a part of the loan process, but it may be unnecessary if you're fixing to get a mortgage. Many states around the US have implemented a "buyer beware" policy, which makes it the home buyers responsibility to ensure that the property has been fully inspected and everything is in order before finalizing the deal.
Below we will discuss the various factors affecting the potential price of a home inspection. Different inspectors will inspect different areas of a home, and some may decline to report on certain areas entirely. Swimming pools, for example, sheds not attached to the house, and pole barns are frequently left out of home inspections.
It is highly advisable for home buyers to have the building inspected by a certified home inspector, whether or not the lender demands it. This will serve to avoid any unpleasant, expensive surprises within the structure.
How Much Does It Cost To Inspect a Home?
The final cost to inspect a home will range anywhere from $200 to $600, and will take between one to six hours. An inspector's main objective is to discover any unwanted or expensive "surprises" before any of the contracts are finalized and signed. Should the inspector decline to report on the entire property, their report may not be worth the price. A good report will, at the very least, have feedback on the following:
- main structure
- the roof
- interior & exterior
- electrical & plumbing system
- doors & windows
- gutters & siding
- the foundation
- heating & cooling units
- improvement costs
Other recommended home inspection services include:
- mold air test
- radon inspection
- termite & wood destroying insects inspection
- water flow & pressure
- septic dye test (recommended for homes built before 1980)
Other Considerations
Qualified home inspectors will issue a printed copy of the report. It should be objective and professional. The report can provide some indicators regarding potential trouble that can be used as leverage to negotiate the price. Inspectors are not usually required to be licensed by the state where they work. This means that the consumer should contact more than one inspection provider to compare their services and prices.
The cost will vary from region to region. For a 100% FREE, no-obligation estimate on the cost of home inspectors in your area, simply enter your zip code in the field provided on this page.