GITNUX MARKETDATA REPORT 2024
Statistics About The Average Cost Of A Home Inspection
The average cost of a home inspection in the United States is around $300 to $500.
In this post, we will explore the diverse landscape of home inspection costs in the United States. From negotiable fees to potential add-ons like radon testing and termite inspections, the price of ensuring your future property’s safety and condition can vary significantly. Join us as we navigate through the statistics, factors, and trends that determine the average cost of a home inspection, shedding light on crucial considerations for both buyers and sellers in the real estate market.
Statistic 1
"The cost of a home inspection is often negotiable and can sometimes be split between buyer and seller."
Statistic 2
"Additional services like radon testing or termite inspection can increase the overall cost."
Statistic 3
"The cost of a home inspection can potentially be deducted from the buyer's closing costs."
Statistic 4
"Special licensed home inspectors can charge up to 25% more than the average for their expertise."
Statistic 5
"First-time homebuyers often underestimate the cost of a home inspection by about 50%."
Statistic 6
"The average cost of a home inspection in the United States ranges from $300 to $500."
Statistic 7
"Inspectors in rural areas may charge less compared to those in urban settings due to lower operational costs."
Statistic 8
"The average home inspection takes about 2-3 hours to complete."
Statistic 9
"Many sellers opt for a pre-inspection which may cost the same as a standard buyer's inspection."
Statistic 10
"Home inspection costs are typically not covered by a mortgage or insurance."
Statistic 11
"Home inspection costs can vary based on the size of the home, with larger homes costing more."
Statistic 12
"Electrical inspections during a home inspection might add an additional $50 to $200 to the cost."
Statistic 13
"Inspections for older homes can sometimes incur higher costs due to potential issues."
Statistic 14
"Homebuyers who skip an inspection to save money report 30% higher unexpected repair costs."
Statistic 15
"In New York City, the average cost of a home inspection is approximately $100 more than the national average."
Statistic 16
"Adding a mold inspection to a standard home inspection can increase costs by $75 to $300."
Statistic 17
"Home inspection fees are typically non-refundable."
Statistic 18
"The most common services in a home inspection are structural inspections, roof inspections, and plumbing checks."
Statistic 19
"Some home inspectors offer bundled services at a discount, potentially saving buyers 10%-15%."
Statistic 20
"Electronic and remote inspections, which became more popular during the COVID-19 pandemic, may cost less."
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Jannik Lindner
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