Are you wondering how much a home inspection costs? In this video, we explain what factors determine the cost of a home inspection. We also provide answers to common questions like…
- What is the average cost of a home inspection?
- What factors can affect the cost of a home inspection?
- What additional inspection services may increase the cost of a home inspection?
How Much Does a Home Inspection Cost?
If you’re buying a home, a key part of the process will be getting a home inspection. A home inspection is essential to make sure the home is in good condition and doesn’t need any major repairs. However, many home buyers wonder about the home inspection cost.
If you’ve never bought a home before, you may not be sure who pays for a home inspection and whether or not the cost is tax deductible. In addition, you might be wondering if the inspection is really necessary in the first place.
In this post, our realtors at Your Home Sold Guaranteed Realty - Phil Aitken Home Team will answer several questions related to home inspections and their costs. That way, you can create a proper budget.
How Much Does a Home Inspection Cost?
The cost of a home inspection will depend on the size, age, and location of your home. The cost will also depend on the inspector’s experience, how long it takes them to examine it, not to mention whether they charge a flat rate or by the hour. However, you can expect to pay anywhere from $200 to $500.
Who Pays the Home Inspection Cost?
The cost of an inspection is usually paid by the buyer. However, if it’s a buyer’s market and you have leverage over the seller, it’s possible to negotiate a deal where they cover it instead.
Do You Pay For a Home Inspection Before or After the Inspection?
You’ll typically pay the inspector before the home inspection takes place. You might either pay the full amount upfront or make a partial payment and pay the remainder after the inspection is complete. Each inspector will have their own payment terms that they’ll discuss when you hire them.
Can I Deduct Home Inspection Costs?
Home inspection costs are not tax deductible. The IRS considers the cost of a home inspection to be a personal expense.
Are Home Inspections Really Necessary?
Home inspections are technically not required in most cases, but they’re a good idea to ensure you find a quality house that meets safety standards. Some states, cities, or local governments might require certain inspections as part of the home-buying process. In addition, inspections may be required by your realtor or lender.
Are Home Inspections Worth It?
Whether you’re buying a resale or even a brand-new home, home inspections are certainly worth it. An inspection can let you know the condition of the home and whether or not you can expect any repairs or maintenance issues to occur down the road.
They can also uncover hidden issues that may not be apparent from looking at the home, such as structural problems, mold, or water damage. Finding these issues is especially important if the home seller did not get a pre-inspection.
In addition, if the home inspection does turn up any problems with the home, you can use that as leverage during negotiations to get a better deal.
Find Your Dream Home in JAX With Our Team
At Your Home Sold Guaranteed Realty - Phil Aitken Home Team, we can help you find a high-quality inspector with a low home inspection cost. Our professional realtors have been working in the Jacksonville, Florida, area for years. During that time, we’ve formed a network of home inspectors who we regularly partner with.
Our clients love working with us because of our high-quality customer service, network of real estate professionals, five-star reviews, and unique buyer guarantees.
This includes our Buy it Back Guarantee, which acts as a risk-free insurance policy for your purchase. With this program, you can return your home to us if you realize it isn’t a good fit after a certain amount of time. Then, we’ll sell it for free.
We offer this guarantee because that’s how confident we are in our ability to match you to a home that meets all your needs.
To learn more about working with our team, give us a call at (904) 544-5252. You can also fill out the form on this page for more information.