AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Buying a home is exciting, but it can also be stressful and time-consuming. The worst thing that can happen after you’ve signed your closing papers is an unexpected major expense due to problems at home that you weren’t made aware of during the buying process. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
That’s why a home inspection is so important and why most realtors advise homebuyers to hire a home inspector when they are looking to buy a home. Some buyers opt to save a few dollars by skipping this step. While an inspector is an additional expense, hiring one can help you avoid costly repairs and downright bad deals, saving you time and money in the long run. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Average Home Inspection Costs & Fees
The average home inspection costs around $315, with condos and small homes under 1,000 sq ft. costing as little as $200. Larger homes over 2,000 sq ft. will run $400 or more. Radon or mold testing will cost extra, but will typically cost less if you purchase them with a home inspection. “How much do you charge?” is normally the first question asked of a home inspector. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
You should be asking about qualifications, experience, and how they get most of their business! Nonetheless, here is a breakdown of what you need to know so you can anticipate what you should expect to pay for a home inspection: AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
There is no set standard for how the overall inspection cost is calculated, so you should ask your inspector up front to find out how you will be charged. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Inspectors quote inspection fees using different methods. Some charge a flat rate by the square footage of living area, square footage of area under the roof, or the amount of time spent on the inspection. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
If the inspector charges based on the amount of time spent, the larger your house is, the more you should expect to pay. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
The age of homes can affect the cost as well. Some newer homes can be inspected in 2 to 3 hours while older homes can take 4 or more hours. This is due to repairs, additions and simply how the house has developed “eccentricities” over the years that require a closer look. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Some inspection reports might take an hour or two to complete, while others might take 4 hours or more. This varies by the inspector and how they compile reports. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
As with most things, paying the lowest cost for a home inspection isn’t always in your best interest. Inspectors aren’t regulated by HUD (The U.S. Department of Housing and Development), so inspectors who charge the least might be cutting corners. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
If you’re ready to get an inspection, contact a pro for a quote today.
WHAT SHOULD ALL BE INCLUDED IN A HOME INSPECTION MIAMI HOMESTEAD?
As stated above, all home inspectors are not created equal. They cover different areas in their inspection, so you should always find out ahead of time what exactly will be covered and what will not. At the end of the inspection, your inspector should present you with a report listing the problem areas that were found, including photos. Make sure the following areas are covered to avoid future hassles and maintenance repairs: AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
WHAT EXTRA COSTS SHOULD YOU CONSIDER IN MIAMI HOMESTEAD?
While your quote should be fairly accurate, it’s good to be aware of extra costs that could sneak up on you. For instance, some inspectors consider detached garages as part of the main house and do not charge for them while others consider detached garages as outbuildings and charge extra to inspect them. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Also be aware that if you have other items such as a swimming pool or septic system, you may have to pay extra for inspection of those items. Some might charge for mileage to the home. TIP: Most home inspectors will charge a “base cost” – but then as they ask questions like how large the home is, what year it was built, the age of the home, etc., their “base cost” gets much higher. Be aware the “real” cost isn’t the base cost you’ll be quoted right off the bat. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Do you think you need these extra checks? Ask an inspector before you start. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
UNEXPECTED COSTS TO CONSIDER IN MIAMI HOMESTEAD
A home inspection is not required, and some people decide to save themselves a few hundred dollars by trusting their own eyes. This often becomes a very costly mistake. Without the training and experience of a home inspector, or without knowledge of what certain problems can lead to, saving a few hundred dollars now can cost you several thousand dollars just a short time away. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Foundation repairs – Damage to a foundation can come from water, shifting soil, earthquakes, and other naturally occurring situations. Moisture and humidity can build up and lead to the growth of mold. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Mold – Mold can be found anyplace that moisture builds up. If it’s in your crawlspace, it may have to be removed and the crawlspace would get encapsulated. Mold in the walls and attic space requires removal of the wall covering (drywall, wallpaper, stucco, etc.) and replacement of the affected timbers. Some molds have a bad effect on people with allergies while others can be deadly to anybody who breathes them in. All of them are capable of inflicting serious damage to a house. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Removing mold from just a crawl space costs a price average $500 to $4,000. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
To remove it from ducts, walls, attics, crawl spaces, etc. can cost up to a cost of $6,000. If the mold has caused extensive structural damage, you can pay the cost of $10,000 to $30,000 or more. AVERAGE COST FOR A HOME INSPECTION MIAMI HOMESTEAD
Basement – You might look at a home with a full basement and imagine a den, a playroom, or a bedroom. Before you do that, however, it will have to be brought up to code for it to be a legally habitable room. Even if you plan to use it just for storage and don’t need to have windows of a particular size, a door of a particular size, electrical and plumbing, having a basement you can actually use can wind up costing around $10,000 to $35,000 if done by a professional.
This will involve repairing or replacing cracked concrete, and seal at the lower end, and creating a whole new legally livable space at the higher end.
Electrical – Electrical codes have changed over the years as we have more and more electronic tools and toys in our lives. In the old days, you might have had a lamp on your nightstand. Today you’d have a lamp, clock radio, cell phone charger, and any other gadget you could want handy. All of this puts extra loads on a house’s electrical system.
Modern homes are built with this sort of electrical lifestyle in mind, but an older home may have had extra outlets put in for convenience without accounting for the increased demand. Overloaded circuits are fire hazards, as are the DIY plug additions if they weren’t done properly.
Depending on where you live, the cost to bring a house’s electrical system entirely up to code is from $10,000 to $15,000. If only part of your house needs to come up to code, the cost depends on what exactly is needed. Electrical work should only be done by a licensed electrician!
Plumbing – Do not accept any plumbing issues as “just part of the house’s ‘personality’.” Leaks at the sink can indicate improperly installed faucets, poorly-ground seats, worn o-rings, or an entire faucet needing replacing. Clogs and slow flushing or draining can be anything from build-up at the trap to tree roots punching through your sewer lines. Never assume that it’s minor and you can fix it with a plunger or a plumber’s snake.
For most jobs that require a licensed plumber, you can expect to pay around $275. This is usually for things such as clogged or slow-draining sinks, slow flushing toilets, and sink fixture replacement.
Tree root problems can have a base cost of $350 with another $250 if a video examination needs to be done. However, if your sewer main needs to be replaced, that can cost an average of $2,456. If the yard needs to be dug up to get to the problem, restoring your landscaping is usually not included in the deal.
HVAC – Heating, and air-conditioning, including the water heater, should be checked to make sure not only that it’s functioning but that it is if the adequate capacity for the house. A new furnace can cost between $1,700 to over $13,000 installed. There is no advantage to leaving an incorrectly sized unit in your house. If it’s too small, it will be running constantly. If it’s too large, it won’t stay on long enough to properly circulate the air, leaving you uncomfortable.
If an air conditioner or furnace parts are needed, many such repairs can cost from $500 to $700. Parts can be hard to find on older units, and once parts like the heat exchanger start to go bad, it’s usually time to replace the unit.
A water heater is expected to last 10 to 15 years. Check on the age of the water heater in the house. If it’s close to 7 years, start shopping. A water heater installed can cost from $600 to $1,000 depending on capacity and any extra hook-ups needed (such as if changing the capacity of the water heater.
Windows – Windows are big sources of energy loss. If they don’t sit right in the frame, if they don’t close properly, or if the weather-stripping is old, replacing the windows is the most cost-effective thing to do.
If the window frame is still intact, replacing the windows can cost $300 to $700 each to install. However, if the frame is rotted or has termite or other pest damage, you can expect to pay $450 to $1,000 each.
Be aware that windows and doors that don’t close right if everything else is fine can indicate a house that has shifted on its foundation.
Flooring – The floor of a house takes a beating. Constant weight, foot traffic, moving furniture, etc., all of these can damage a floor. A concrete slab floor can suffer from nearby tree roots. A floor that is warped or creaks excessively can indicate troubles with the floor joists and other supporting structures beneath the floors.
If a floor joist has suffered only minor damage, it can usually be repaired through “sistering”, cleaning and treating the old joist and attaching a new one right alongside it. This costs about $100 to $300 per joist.
However, if the damage is extensive and the joists need to be replaced, a single section (for example, the northeast corner) can cost from a price to $5,000 to $10,000. If the whole house needs to be put on jacks and all of the joists replaced, you can expect to pay the price of $10,000 to $30,000 or more depending on the size of the house and the ease of access under the house.
QUESTIONS TO ASK YOUR HOME INSPECTOR IN MIAMI
Here is a breakdown of major questions you need to ask your inspector before going through with the home inspection:
How much is this going to cost?
See section 1 for average cost information. This question is important because you should have an accurate quote up front and it is worthwhile to shop around and get a few quotes.
What does the report look like and how soon after the inspection will I see it?
Ask for samples of previous reports the inspector has done to get a feel for his/her reporting style and to make sure you can make sense out of the report itself. In general, you should expect to see the report no more than 24 hours after the inspection has been completed.
Can I attend the inspection?
If the inspector answers “no” to this question, it’s probably time to move on to another inspector. It’s a pretty big red flag not to allow the homebuyer to attend.
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