How much does your home inspection cost? That is, oddly enough, often times the first question that a potential client will ask me, and in my opinion, among the least important. I am a professional home inspector in North Texas. My education and certifications were costly. I run a business like any other with continuous overhead costs including association dues, license fees, continuing education, INSURANCE, tools, software, fuel, website, advertising and time.
Performing a home inspection is a lot of work. Normally taking between 3-6 hours depending on the size of the home and the number of identifiable defects. Home inspectors crawl under houses, over houses, into attics and completely cover the condition of a home. We often go into dangerous places that the home owner will never venture into.
A thorough home inspection covers over 25 major areas and components and hundreds of individual items and components of a home. We are trained to do it. We are trained what to look for. We are trained how best to report it. We gain experience with every job. And, we provide knowledge for the safety of you and your family.
Good inspectors review the findings with clients and agents taking as much time as is needed. Our reports help sellers properly price their home and disclose defects they may not have been aware of. We assist buyers in understanding what they are getting for their investment.
If you are paying less than $250 for a basic inspection, you should be using a different inspector. An inspector who is charging less may not be professional, may be brand new or may not be truly qualified to discern deficiencies in the best interest of the real estate transaction. I believe in the old adage, you get what you pay for.
The majority of top professional home inspectors charge between $250 and $325 for homes up to approximately 2000 SF. A high percentage charge even more. Then a small amount per square foot is added to account for the additional labor and reporting time. In my research, this is a fair price range.
What is a home inspection worth? What is your real estate investment worth? What is the safety of your family worth? Can you identified the repair needs of hidden components? If I were buying or selling a home, a professional home inspection would be priceless.
So, what do you think a home inspection should cost?