Home Inspection Cost Formula:
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The home inspection cost is typically calculated using a base fee plus a variable rate based on the home's square footage. This calculator helps estimate the total cost for a professional home inspection in your local area.
The calculator uses the following formula:
Where:
Explanation: Most inspectors charge a base fee that covers small homes, then add a per-square-foot rate for larger properties.
Details: A professional home inspection identifies potential issues with a property before purchase, helping buyers make informed decisions and negotiate repairs or price adjustments.
Tips: Contact local inspectors to get their base fee and rate per square foot. Typical base fees range $200-$400, with rates $0.15-$0.50 per sq ft for homes above the base size.
Q1: What's included in a standard home inspection?
A: Typically covers structural elements, roofing, plumbing, electrical systems, HVAC, and major appliances. Additional services like radon or mold testing cost extra.
Q2: How long does an inspection take?
A: Usually 2-4 hours depending on home size and condition. Larger or older homes take longer.
Q3: Are there other cost factors?
A: Yes - age of home, additional services (septic, pool), travel distance, and local market rates can affect final cost.
Q4: Should I choose the cheapest inspector?
A: Not necessarily. Experience, qualifications, and thoroughness are more important than saving $50-$100 on this critical service.
Q5: When should I schedule the inspection?
A: After your offer is accepted but during the contingency period, allowing time for any follow-up negotiations.