GITNUX MARKETDATA REPORT 2024
Home Inspection Duration Statistics
The average home inspection duration is around 2 to 3 hours.
In this post, we explore the duration of home inspections and the various factors that can impact the time required for a thorough evaluation of a property. From the size and age of the home to the presence of additional features, we analyze how these variables influence the inspection process. Additionally, we delve into statistics related to home inspection trends, such as the average time spent inside the house, the prevalence of inspection-related price reductions, and the significance of home inspections in real estate transactions.
Statistic 1
"Larger homes (3,000 sq ft and up) can take more than four hours for a complete inspection."
Statistic 2
"Condos and townhomes typically take between 1 to 2 hours to inspect."
Statistic 3
"Home inspection of a typical single-family house usually takes about 2.5 hours."
Statistic 4
"For homes over 50 years old, inspection can take a bit longer because of outdated features, possibly up to four hours."
Statistic 5
"Newer houses may not require as much time to inspect due to more modern features, potentially less than two hours."
Statistic 6
"Homes with many additional features like pools, septic systems, detached garages, etc., may require additional inspection time, potentially up to five hours or more."
Statistic 7
"Older homes with fewer renovations may take less time to inspect because there are fewer updates to evaluate and understand, possibly less than two hours."
Statistic 8
"If a home inspector is using an infrared camera or a drone for their inspection, it can increase the time of the home inspection."
Statistic 9
"On average, inspectors spend 56% of their time inside the house, with the rest spent outside, in the attic, or the basement."
Statistic 10
"90% of home inspectors are hired by the home buyer."
Statistic 11
"A real estate home inspection is the #1 contingency home buyers include in their purchase offer."
Statistic 12
"A pre-listing inspection usually takes between 1.5 and 2 hours."
Statistic 13
"In 11% of real estate transactions, inspections prompted price reductions averaging $14,000."
Statistic 14
"More than 30% of real estate deals fall apart as a result of home inspection results."
Statistic 15
"Home inspectors spend an average of 1 to 1.5 hours preparing the report after the inspection."
Statistic 16
"Most home inspections reveal at least some issues, with 86% of inspections finding at least one problem."
Jannik Lindner
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