Some people opt to not get a home inspection before buying a home and end up regretting it. A perfect example is of a home buyer in NY that did not realize she needed $225,000 in home repairs until after she purchased the house. This is why we put together this guide to share more about the cost of a home inspection.
Keep reading to learn more about home inspection costs and what you can expect.
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What Is the Cost of a Home Inspection?
The truth is that the price of a home inspection varies by location of the home, how old the house is, and how large the home is. Usually, a home inspection will cost the average homeowner between $279 and $399.
Most home inspection companies will have a fixed price for a home that is up to 2,000 square feet. A reputable home inspection company will offer a free quote so that you know exactly what to expect when it comes to how much they will charge you. You can learn more here about finding an inspector you can trust, near you.
Factors Involved
A home inspector will look at things like the foundation of the home, the roof, and the structural standing. Some of the specific areas that a home inspector looks at include the central air conditioning system, the walls, roof, basement, floors, plumbing system, and the electrical system.
On the day of your home inspection, you will be given a copy of the American Society of Home Inspectors manual called “Standards of Practice and Codes of Ethics.” This will let you know what you should expect when it comes to a thorough home inspection.
Extra Costs to Consider
One of the costs that you might have pop up on the day of inspection is asbestos testing if you live in an older home that was built before 1989. The cost for this testing is on the higher end between $400 and $800 for a smaller home. If they end up finding that your asbestos levels are in the positive range you can expect to pay up to $30,000 to have it removed.
Another test that might pop up on your home inspection day is radon testing because it has been linked to lung cancer. This test can cost around $200 to do a proper test.
No one wants to live in a mold-infested home because this can be a serious health hazard. If you already have breathing and allergy problems then you might want to invest the extra money to have the house tested. You can expect to pay around $800 for this test.
Feeling Like a Home Inspection Pro?
We hope that now that we answered the question “what is the average cost of a home inspection?” you can start shopping around for an inspector. Make sure that you do your research on each potential company before you settle on one.
Did you find this article useful? Make sure to browse the rest of this section for more home tips.
