• Skip to primary navigation
  • Skip to main content
Morty Home School

Morty Home School

Everything you need to know about homebuying

  • Morty Home
  • How It Works
  • About Us
  • Todays Rates
  • FAQs
  • Get Started

How Much Does a Home Inspection Cost?

February 11, 2022 american society of home, buying a home, certified home inspectors, closing costs, cost of a home, dream home, electrical systems, expect to pay, hire a home inspector, inspection report, larger home, older homes, pay for a home inspection, professional home inspector, single family home, society of home inspectors, square feet, square footage, thousands of dollars


You did it – you did your research, found a home you love and had your offer accepted! But there are still a number of stops left on your way to closing, including the home inspection. A home inspection can offer enormous insight into the home you plan to purchase, and potentially save you thousands of dollars down the road.

And in spite of a growing trend of first-time homebuyers waiving home inspections to gain an edge in a competitive housing market, the importance of planning for this step in the homebuying process shouldn’t be overlooked. 

To help you understand what to expect with a home inspection, let’s take a closer look at the benefits of getting an inspection for your home purchase and basics like how long a home inspection takes. Plus, we’ll answer the million-dollar question: How much is a home inspection?

What is a Home Inspection? 

A home inspection gives you an indication of how well parts of your home are functioning, including major home systems such as the roof and the foundation. A professional inspector will complete a comprehensive top-down examination of your home, using equipment like ladders and flashlights to assess the physical condition of various components. 

Certified home inspectors (who should be certified by the American Society of Home Inspectors) take an in-depth look at:  

  • HVAC systems
  • Interior plumbing systems
  • Electrical systems
  • Roofs and shingles
  • Attics and insulation
  • Walls, ceilings and floors
  • Windows and doors
  • Foundations and basements
  • Structural components of the home

The inspector will provide a written report a few days after the inspection, offering an in-depth summary of all of their findings.

Why Do You Need a Home Inspection? 

It’s important to note that a home inspection is not required, but highly recommended. As with any large purchase, it’s a good idea to have as much information as possible to make an informed decision about the home you’re considering. Not only that, but getting a home inspection can help you avoid serious — and potentially costly – issues with the home in the future.

Here are just a few of the concrete reasons why you should seriously consider getting a home inspection.

  • Detects home hazards: You want to make sure the home you plan to purchase isn’t at risk for major hazards like carbon monoxide poisoning or mold.
  • Shows illegal home add-ons: Additions, such as basement bathrooms that aren’t up-to-code, will show up in the home inspection report. These illegal add-ons can affect insurance, taxes and overall home value – and become your problem to solve once you become the owner of the home.
  • Gives you a negotiating tool: Use the home inspection to your advantage. You can ask the seller to make repairs or negotiate the cost of the home when the home inspection turns up issues. 
  • Gauges the potential for future replacement costs: A home inspection can help you determine when you’ll need to replace items in the future. For example, if the inspector says that a water heater has approximately five years of life left in it, you can plan ahead for that replacement. 
  • Helps you determine insurance costs: You can quickly identify any issues that might prevent an insurance company from covering your home. For example, if the home has a wood-burning fireplace as its only heat source, you might find it difficult to get homeowners insurance coverage (generally a standard requirement from lenders). 
  • Gives you an opportunity to back out: While you hopefully won’t have to use this option, the home inspection usually presents one last opportunity to back out of the purchase if you have concerns about the findings.

TIP: Check out the American Society of Home Inspectors’ website for a list of certified professionals before hiring a home inspector.

What is the Average Cost of a Home Inspection?

So just how much will you pay for a home inspection? 

The average cost of a home inspection can vary based on several factors including the size, location and age of your home. A newer, single family home with fewer square feet in the suburbs may cost less to inspect than a larger one, such as a sprawling Victorian mansion with huge square footage in a rural area.

You can generally expect to pay $300 to $450 for a home inspection, but it’s worth noting that inspectors with more experience might charge you more.

If you’re worried about this additional upfront cost (we get it — you’re already saving for closing costs!), remember that a home inspection can potentially save you money and a lot of pain after closing. It’s less-than-ideal to forgo the home inspection only to find out that your home has major foundation problems after you move in.

You may also want to add some extra inspections to cover all of your bases. Like a regular inspection, these aren’t required but can give you a fuller picture of your total costs. They can cost between $25 to $200 more on top of the standard inspection, but offer a more in-depth analysis of certain areas of a home. Some common add-ons include:

  • Termite inspection: A termite inspection is a visual inspection for evidence of these wood-destroying insects. It can cost between $50 and $280.
  • Asbestos testing: For an asbestos inspection, the inspector checks the building or facility for the presence of any asbestos-containing material. Asbestos testing can cost between $228 and $795. 
  • Mold testing: In a typical mold inspection, an investigator will look for mold where moisture in the home tends to gather. Mold testing can cost between $296 and $1,000. 
  • Lead testing: Buying an older home can be dangerous. These types of inspections often uncover findings of lead-based paint on homes built in the U.S. before 1978. When paint peels and cracks, it makes lead paint chips and dust, which can bring about health problems for people who live in older homes. Lead-based paint inspections can help you determine the severity and location of lead-based paint hazards and give you ideas on how to control it. Lead-based paint testing can cost between $220 and $420.
  • Foundation inspection: In a foundation inspection, an inspector walks the exterior of your home and checks the foundation walls for bulging and leaning. All walls should be flush and level. A foundation inspection typically involves a more comprehensive structural inspection completed by a structural engineer, which provides an in-depth investigation of the structural integrity of the foundation only.  A foundation inspection can cost between $200 and $700. 

In most cases, you must pay for the home inspection on the spot, right after the inspector completes the home inspection — unless the inspector uses another billing method. Be prepared to bring a check or cash to the inspection or ask beforehand how payment is handled. 

How Long Does a Home Inspection Take?

Typically, it takes two to four hours for a professional home inspector to complete an inspection, but it can take longer if the home is very large. It’s a good idea for you as the buyer to attend the inspection so you can observe and ask questions. You can expect a written report after a day or two.

It’s important to understand that you may not want to get too wrapped up in a home before the inspection clears, as many things can go wrong. But having your possible home inspected can also provide you with the peace of mind you need to close confidently. Read more about the psychology of home buying and learn how Morty can help you with your next steps. 


Homebuying 101, Money Matters american society of home, buying a home, certified home inspectors, closing costs, cost of a home, dream home, electrical systems, expect to pay, hire a home inspector, inspection report, larger home, older homes, pay for a home inspection, professional home inspector, single family home, society of home inspectors, square feet, square footage, thousands of dollars

You may also like

How to Calculate Your Mortgage Payment How Long Does an Appraisal Take? How Much House Can I Afford? How to Get a Mortgage Pre-Approval

Your homebuying journey starts here.

Get Started

Morty Home School

  • How it works
  • About us
  • Licenses
  • Closing date promise
  • Join our team
  • © 2023 Morty, Inc
  • Terms of Service
  • Privacy Policy
  • Learn More
  • Get home financing advice when and how you want it.
  • Resources
Morty is a licensed mortgage broker. NMLS ID # 1429243. NMLS Consumer Access. All loans originated by Morty are funded by third party lenders. Morty, Inc. is authorized to do business as “Morty” in certain states. Morty is an equal housing lender.

  • Homebuying 101
  • Money Matters
  • the morty report
  • rates