Search thousands of topics on CostHelper.com

BROWSE ALL TOPICS >> babies & children  cars  consumer electronics health & personal care home & garden personal finance  pets  schools small business sports weddings
CostHelper > Personal Finance  > Real Estate > Home Inspection

Home Inspection Cost


How Much Does a Home Inspection Cost?

 
average costMedium: Generally $100-$200 for a Basic Inspectionhigh costHigh: $200-$900 for a Thorough Inspection
post Post    

A professional home inspector evaluates the current condition of a house. It is NOT an appraisal, which estimates the market value of a property. A home inspection report can be used by home sellers to indentify and make repairs before putting it on the market, or by potential home buyers to learn as much as possible about a particular house before buying it. The US Department of Housing and Urban Development (HUD) provides an overview of why you need[1] a home inspection.

Typical costs:

  • With the recent housing market slump, some inspectors may offer a home inspection for a flat rate of $100-$200. These inspections usually take no more than 1-2 hours, involve a minimal amount of equipment (such as a $3-$10 outlet tester rather than a $300 circuit analyzer) and include a handwritten report -- and might miss important problems, according to an Idaho home inspector[2] .
  • The price for a more thorough home inspection (including a typewritten report and photos) varies considerably depending on the region and the home's square footage, sales price, age and number of rooms, but ranges from $200-$900. A typical home inspection averages $260-$280 in the Midwest and Southwest and $320-$360 elsewhere nationwide. The average home inspection will take 2-4 hours, but an extremely detailed evaluation can take 5-8 hours or more -- and will usually be billed at the higher end of the $200-$900 price range.
Related articles: Closing a Home, Mold Inspection, Termite Inspections

What should be included:
  • A professional home inspector should visually examine the home's exterior, foundation (including entering the crawlspace), walls, roof, flashing, gutters, attic, basement, insulation, garage, electrical system, visible plumbing, air conditioning and heating, and the general condition of the interior. Generally an inspector is looking for bad conditions or safety-related problems, and does not cover small or cosmetic items that are readily apparent. If possible, you should be present for the inspection, to see what the inspector sees and to ask questions about items that concern you. The National Association of Home Inspectors provides overviews of what to expect from a home inspection and what won't be included, as well as detailed standards of what a home inspector should do. The American Society of Home Inspectors provides a virtual tour[3] of the areas to be inspected in a home.
  • Experts recommend hiring an objective professional to do an inspection -- particularly if you're considering buying the home -- but it is possible to do some or all of the inspection yourself. ThisOldHouse.com lists what to look for[4] before the home inspector arrives, and an Ohio engineering firm provides a do-it-yourself checklist[5] for a basic walk-through evaluation -- although the checklist is not intended to replace a professional inspection.
Additional costs:
  • Home inspections do not cover absolutely everything. BankRate.com[6] suggests that in some circumstances a potential buyer may also want to schedule: a swimming pool inspection at $75-$125; an arborist's inspection of mature trees for $150-$350; an examination of septic systems built before 1980 for $350-$450 or a termite and pest report for $75-$120.
Shopping for a home inspection:
  • While many people hire a home inspector recommended by their real estate agent, some experts suggest finding an inspector on your own, to avoid any possible conflict of interest. Ask about: the inspector's training, experience and certification (only about 14 states require inspectors to be licensed); what will be included in the inspection; and how long it will take. HUD lists 10 questions[7] to ask a potential home inspector.
  • Lists of home inspectors are available from HUD and the National Association of Home Inspectors.
post Post    
CostHelper News


Forgotten Expenses In a Home Addition Budget
Items like construction costs, permit fees or debris removal aren't the only expenses to consider when calculating the total costs of a home remodeling project. || Posted August 5 2013


7 Lesser-Known Discounts for the 50+ Crowd
As they age, members of the Baby Boomer generation don't like to admit that they're senior citizens, but they love getting discounts. It's kind of a quandary, because some of the best deals available are reduced prices for older folks. || Posted October 21 2013

‣ All CostHelper Blog Posts


What People Are Paying - Recent Comments


 

Comment On Your Experience With a Home Inspection
 
Subject:  *
Amount Spent:  * total
Comments: 
Purchased:  Year: 
City:  * State:  *
 
Information about you:
Email:  * Email addresses are not displayed.
Name:  This is the name we'll display with your post.
me on this computer
*=required field.
 



External Resources:
  1.  www.pueblo.gsa.gov/cic_text/housing/inspection/home.htm
  2.  www.merchantcircle.com/blogs/OxBow.Home.Inspections.and.Radon.Testing.208-781-0605/2008...
  3.  www.ashi.org/customers/vhi_tour.asp
  4.  www.thisoldhouse.com/toh/article/0,,477138,00.html
  5.  www.cmjengineering.com/images/DIY_Home_inspection.pdf
  6.  www.bankrate.com/brm/news/mtg/20010614a.asp
  7.  portal.hud.gov:80/hudportal/HUD?src=/program_offices/housing/sfh/insp/inspfaq
More Personal Finance Topics
Check Out All Costs for Personal Finance How Much Does a Traffic Ticket Attorney Cost? How Much Do Funeral Flowers Cost? How Much Do Tax Returns Cost?

Search Thousands of Topics on CostHelper.com

 
Today's Featured Cost Articles

About CostHelper
CostHelper is based in Silicon Valley and provides consumers with unbiased price information about thousands of goods and services. Our writers are experienced journalists who adhere to our strict editorial ethics policy.

CostHelper Community
Flu symptoms
Paid: 5932.68
Couldn’t stand headache pain when I caught the flu in March 2019. Threw up pain relievers, couldn’t eat or drink. After 5 hours of pain decided to hit ER... [more]
-GayLynn
Emergency Room Visit Cost
Financing
Paid: 20000.00
How do people afford wells? No one finances?... [more]
-Kourtney
Well Drilling Cost
1 yr 23lb Male Neuter
Paid: 424.08
The price would have been $282.08, but I opted for the blood work and to have it done via laser versus scalpel. I was still surprised by the cost, but I didn't really have anything to compare it to... [more]
-Joelle
Dog Spay or Neuter Cost
Is this cost of tax preparation correct
Paid: 1845.00
Each year our tax preparation cost goes up faster than inflation. we started at $800.00 in 2012 and now our bill for preparing taxes this year is $1,845.00... [more]
-smallbizchris
Business Tax Preparation Cost
Termite inspection/WDOR as required by the VA
Paid: 125.00
Called Terminix,,which I thought was an upstanding company,,guy came out did the inspection,,I told I'm a Vet and its required by the VA in order to complete the refinance of my home,,also it is required by the VA to use the VA approved for... [more]
-Felix Vaughan
Termite Inspections Cost
New 317 sq ft deck quote
Paid: 10500.00
This contractor built my fences out of redwood heartwood. They just quoted me for a redwood deck and I think it's a decent price. Curious to know what others think. I'm in the SF Bay Area where costs are usually higher for everything... [more]
-Ariana Faustini
Redwood Deck Cost