GITNUX MARKETDATA REPORT 2024

Statistics About The Average Cost For Home Inspection

The average cost for a home inspection in the United States is around $350 to $500.

In this post, we will explore the various factors that contribute to the average cost for a home inspection in the United States. Home inspection expenses can vary significantly depending on the location, size of the property, additional services required, and other factors. We will delve into statistics such as the range of typical home inspection costs, additional fees for specialized inspections, and the significance of negotiating repair costs based on inspection findings. Understanding these statistics can provide valuable insights for both home buyers and sellers navigating the home inspection process.

Statistic 1

"Home inspection costs generally range from $280 to $400 depending on the location and size of the home."

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Statistic 2

"On average, radon testing as part of a home inspection can cost an additional $100-$200."

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Statistic 3

"Some home inspectors charge by square footage, typically around $0.14 per square foot."

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Statistic 4

"On average, negotiated repairs based on inspection findings can cost the seller $2,000."

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Statistic 5

"In urban areas, home inspection costs can be up to 20% higher due to higher operational costs."

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Statistic 6

"77% of home buyers purchase a home inspection as part of their buying process."

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Statistic 7

"Remote or rural inspections may include travel fees of $50 to $100."

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Statistic 8

"The cost of re-inspection after repairs can range from $50 to $100."

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Statistic 9

"A larger home over 2,000 square feet may cost upwards of $400 for a complete home inspection."

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Statistic 10

"The average cost for a home inspection in the U.S. is around $340."

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Statistic 11

"Home inspection costs can be as low as $200 for small condos or apartments."

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Statistic 12

"Electrical system inspections can add an additional $50-$100."

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Statistic 13

"A comprehensive home inspection report can take 2-3 hours to complete on-site."

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Statistic 14

"Properties with crawl spaces or basements might increase inspection costs by $50 to $150."

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Statistic 15

"Home inspection costs in high cost-of-living states like California can exceed $500."

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Statistic 16

"The cost for a pre-listing inspection by the seller generally mirrors the cost for buyer inspections."

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Statistic 17

"The national average cost for a home inspection is about $377 as of 2022."

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Statistic 18

"Home inspections for new construction homes tend to cost 10% more."

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Statistic 19

"Specialty inspections (e.g., for pests or mold) can add an extra $25 to $200 to the home inspection cost."

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Statistic 20

"Some inspectors offer bundled service discounts for multiple types of inspections (e.g., structural, termite)."

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In conclusion, home inspection costs vary significantly based on a multitude of factors such as location, property size, additional tests, and specific inspection needs. The national average cost for a home inspection in the U.S. stands at approximately $340, with prices ranging from as low as $200 for small condos to over $500 in high cost-of-living states. Negotiated repairs based on inspection findings can average around $2,000 for sellers, and additional services like radon testing or electrical system inspections can add up to $200 to the total cost. Home buyers seem to understand the importance of inspections, as evidenced by 77% including it as part of their buying process. Inspectors may offer bundled service discounts and fees may differ based on the type of property or specific requirements, demonstrating the diverse nature of home inspection costs in today’s market.

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