Frequently Asked Questions (FAQ)
What does a home inspection cost?
Type of property, size, number of units all factor into the cost.
But average cost for single family residence could range from $300-$500, depends on the above mentioned factors. For example, a 900 sq. ft 1 bedroom 1 bath condominium verses a 1800 sq. ft. 3 bedroom 2 bath condominium may be higher in price.
How long does the property inspection take?
This depends on the type and size of the property, for example, commercial vs. residential, or 4 unit building vs. 1600 sq. house, but on average a residential house could take about 3 hours and a condo unit would possibly be less depending on the size of course.
What does a property inspection cover?
Do I have to be present for the property inspection?
It is a good idea to be present for the inspection if possible so that you can be educated as to the condition of the property. However, if for some reason you cannot be available you should try to have a representative present, such as, your realtor or someone else you trust to be present in your behalf.
What other advantages are there to having a professional property inspection?
- Provides an extra level of security and helps plan for the future in one’s home.
- Peace of Mind: The home which is one of the largest investments that is made in anyone’s lifetime is for the most part a solid and safe home.
- Warning signals: Provide an in-depth analysis that can highlight not just current repairs but also issues that may become a problem in the future.
- Forecast & plan potential future expenses
- Uncover safety issues
- Reveal possible pest, termite & insect problems
- Price negotiations
- Negotiate seller repairs
- Home Inspection is relatively inexpensive compared to the cost and expense of not having one
- punch list
- Easy outline to help organize planned repairs (professional outline to use for planned repairs)
How should I prepare for the inspection?
Even prior to inspection be proactive and note what concerns, if any, you might have about the property and bring these to the attention of the inspector, use this page “Frequently Asked Questions” as a reference.
Make sure utilities, water, mechanicals are up and running prior to the inspection if this is possible.
Make sure the property is accessible and any areas that are to be inspected is accessible for the inspection- and that a responsible person besides the inspector will be there to open and secure the property after the inspection if the property is vacant.
Be there for the inspection if you can so that you visually will see what the inspector is pointing out if there is a problem.