What is the Cost of Home Inspection?

The purchase of a home is one of the most important decisions in your life. It’s vital to make sure you are buying the right one and avoid any unexpected surprises.

What is the cost of a home inspection?

The U.S. Department of Housing and Urban Development reports that home inspection cost can vary widely depending on where you live, the size and age of your house, the scope of services, and other factors. Typically, they range from $300 to $500. Condos and homes less than 1,000 square feet cost on average $315. Homes over 2,000 square feet can be purchased for as low as $200 per foot. 400-plus dollars per square foot

What you need to know before entering the home inspection process?

• Inspectors quote inspection fees using different methods. Some inspectors charge flat rates by the square footage of the living area, others by the square footage under the roof or by the time taken to inspect the property.
• The average cost of an inspection is higher for larger homes.
• Cost can also be affected by the age of the house. Because of repairs and additions, older homes are easier to inspect than those that have been in their possession for a while.
• There is no industry standard for the calculation of home inspection prices. Ask your inspector upfront how much you will be charged.
• The lowest price doesn’t necessarily mean that you are getting the best value. The HUD doesn’t regulate inspectors so inspectors who charge the lowest rates might not provide the best service.