What is a home inspection?
A home inspection is an objective visual examination of the physical structure and systems of a house, from the roof to the foundation. Home inspections are conducted by a home inspector who has the training and certifications to perform such inspections.
The standard home inspector’s report will cover the condition of the home’s heating system; central air conditioning system; interior plumbing and electrical systems; the roof, attic and visible insulation; walls, ceilings, floors, windows and doors; the foundation, basement and structural components.
Does everyone need a home inspection?
Since buying a home is usually the largest single investment you will ever make then yes a home inspection is necessary to minimize unpleasant surprises and unexpected difficulties. A home inspection may just identify major repairs or builder oversights that can be addressed or help you walk away from a buying a deal that isn’t a deal!
On the flip-side if you are planning on selling your home, a home inspection if passed can give you great leverage in assuring the buyer that everything is good. If failed, the inspection can give you the opportunity to make the needed repairs which can be done to put put your house in a better selling condition.
What will it cost?
The inspection fee for a typical one-family house varies geographically, as does the cost of housing. The average home inspection costs around $315, with condos and small homes under 1,000 sq ft. costing as little as $200. Larger homes over 2,000 sq ft. will run $400 or more. Radon or mold testing will cost extra, but will typically cost less if you purchase them with a home inspection.
Home inspections are a sensible way to assure yourself as a buyer or seller that you are getting or receiving what you pay for. Although there are costs involved home inspections are very important and should always be done.