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The average cost of a home inspection is $300 to $500. The cost of an inspection can vary depending on many factors, including the home’s square footage, the house’s age, the inspector’s experience, and whether additional inspections are included, such as mould or radon testing.
Square footage
Some inspectors charge per square foot while others charge per hour. No matter your chosen method, larger houses will incur higher home inspection fees. A single-family house would be more expensive to inspect than a two-bedroom condo.
Age and cost of your home
Your home inspection cost can be affected by the location of your home. More expensive homes are usually larger. Due to their age, older homes might require more extensive inspections. Inspections of older homes will take longer to examine any additions or repairs that were made.
Experience level of the inspector
A residential inspector with experience may cost more than one with only a few years of knowledge. An experienced inspector may be able to spot a foundation problem that a trained eye can only see.
A lot of reputable inspectors have certified home inspections. They belong to trade associations which hold their members to high professional standards via education and membership qualifications. While the cost of a home inspection may be lower in the short term than a more expensive one, you could face thousands of dollars in-home repairs down the road.
It is important to note that the cost of your home inspector’s inspection will not be the same for everyone. You must understand how home inspectors price their home inspections. There is no standard.
Special home inspection fees
Additional tests are highly recommended and are not included in the home inspection report or inspector’s base fees. Here are some specialized tests that you might consider adding to your inspection.
- Radon -Even small amounts of radon can cause lung cancer. Avoid moving into a radon-contaminated house by prioritizing radon testing during your home inspection.
- Asbestos -Asbestos is most dangerous in older homes. Due to mesothelioma-related findings, it was banned in the United States in 1970.
- Mould -Different types of mould can pose a threat to your health. To ensure that there are no moulds in your home, have your inspector conduct a mould test.
- Lead -Lead paint was banned in 1978, and lead pipes were banned in the 1980s. Homes built before these times should be tested.
- Sewer scope -This test is useful for older homes with blocked pipes due to tree roots. This can lead to flooding in the septic system, which can cause extensive damage to a house.
- Additional tests – Ask your inspector if all areas are included in the cost of your home inspection. A detached garage or a swimming pool are not considered part of the home’s structural components and will not be included in a home inspection.
What is a pre-inspection? And how much do they cost?
A pre-inspection inspection is done before the buyer makes an offer. The inspection is the same as regular home inspections, and the inspector charges the same price.
Pre-inspection is possible in highly competitive markets where buyers want their offers to stand out. You can save yourself the hassle of having to rescind an offer after receiving a poor inspection report.
You can use any issues discovered during the inspection to help you make a solid offer, or you could have to leave if you find too many problems with the house. You could lose your inspection fee if the seller refuses to accept your offer.
How home inspections could save you money?
A home inspection is not required, but having one is a good idea. You could be faced with a host of problems that will require expensive repairs if you don’t have a home inspection. After closing papers have been signed, you don’t want to find mould in walls, electrical wiring that isn’t up to code, lead pipes or any other serious problems.
These issues can be costly to resolve but could have been addressed during the home inspection before closing.
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