The property inspection fee for a typical one-family house varies geographically, as does the cost of housing. Similarly, within a given area, the inspection fee may vary depending upon the size of the house, particular features of the house, its age, and possible additional services, such a swimming pool or spa inspection.
Do Not Let Cost Be A Major Factor
Don't let price decide whether or not to have a home inspection, or in the selection of your home inspector. Compared to the price of the property, the inspection cost is very small. Saving 25 to 75 dollars could cost you thousands. The knowledge gained from an inspection is well worth the cost, and the lowest-priced inspector is not necessarily a bargain. The inspector's qualifications, including his experience, training, and professional affiliations, should be the most important consideration. Ask to see a sample report from the home inspector before you hire them, you can learn much from seeing their inspection report.
Can't I Do It Myself?
Even the most experienced homeowner lacks the knowledge and expertise of a professional home inspector who has been professionally trained, and is experienced in what to look for. An inspector is familiar with the vast elements of home construction, their proper installation, and their maintenance. He or she understands how the home's systems and components are intended to function together, as well as how and why they fail.
Above all, most buyers find it very difficult to remain completely objective and unemotional about the house they really want, and this may affect their judgment. For the most accurate information, it is best to obtain an impartial third-party opinion by an expert in the field of home inspection.
No, a professional home inspection is an examination of the current condition of your prospective home. It is not an appraisal, which determines market value, or a municipal inspection, which verifies local code compliance. A home inspector, therefore, will not pass or fail a house, but rather describe its physical condition and indicate what may need repair or replacement.
Do I Have To Be There?
It is not necessary for you to be present for the inspection, but it is highly recommended you be there, at a minimum for the inspectors walkthrough. If you are present, you will be able to observe the inspector and ask questions directly, as you learn about the condition of the home, how its systems work, and how to maintain it. You will also find the written report easier to understand if you've seen the property first-hand through the inspector's eyes.
What If The Report Reveals Problems?
No house is perfect. If the inspector identifies problems, it doesn't necessarily mean you shouldn't buy the house, only that you will know in advance what to expect. A home seller may adjust the purchase price or contract terms if major problems are found. If your budget is tight, or if you don't wish to become involved in future repair work, this information will be extremely important to you.
If The House Proves To Be In Good Condition, Did I Really Need An Inspection?
Definitely. Now you can complete your home purchase with your eyes open as to the condition of the property and all its equipment and systems. You will also have learned many things about your new home from the inspector's written report, and will want to keep that information for future reference. It is even recommended to do a home inspection on brand new homes.