What Should A Home Inspection Cost?
This is a popular question that home inspectors, real estate agents, former home inspection clients and mortgage brokers get asked a lot.
The price range varies widely from $300 to $1000 and everywhere in between. But what should a home inspection cost?
I will try to break down the costs and the difference between a poor quality home inspection and a professional quality home inspection.
- Certification – Does your home inspector have all the required certification to operate in your jurisdiction? In Alberta a home inspector is required to have a business and home inspection license with Services Alberta. You can verify your home inspector by checking here. This is a yearly cost to the home inspector.
- Infrared Camera – Costs of a infrared camera vary widely from $300 to $30 000. Some inspectors use entry level infrared cameras that cost less than $1000. These types of cameras do take infrared photographs but pixel count is low making a good resolution picture nearly impossible. infrared cameras costing more than $10000 can take suitable resolution pictures for a home inspection.
- Moisture Meter – Are not a big investment but can cost between $150 and $1000. For home inspections a moisture meter that is within a few percentage points is satisfactory.
- Home Inspector Tools- Ladders, flashlights, Inspection software, tablet, phone, vehicle, safety signs, and specialty clothing are all cost born by the home inspector.
- Insurance – E&O and liability insurance are required to operate as a home inspector in Alberta. Costs vary , but usually can expect insurance costs to be in the low thousands per year with a clean history and rising significantly if your home inspector has any claims in their history.
- Training – There are a number of training facilities and online courses to take a certified home inspection course. Alberta has strict requirements for courses that must be passed and meet a minimum continuing education requirement per year to keep their license. Home inspection certification training can cost in the low to mid thousands of dollars.
So what is usually the difference between a $300 home inspection and a $600 home inspection?
A $300 inspection will not include an infrared inspection, will not be conducted by a Master Inspector and will take less than two hours to complete because they will cut some corners and not inspect everything. Also someone offering these kind of prices might not have proper training, the required insurance and little experience.
What to expect from a $600 home inspection. Infrared inspection with a quality camera usually is included in this price point as well your inspection will take three to four hours to complete. Your inspector will have the required insurance and training and include all the above warranties.
There can be some optional add on costs to a home inspection and these can include:
- Mould inspection $500 and up
- Allergen Inspection $500 and up
- Air Quality Testing $500 and up
- Asbestos Inspection $400 and up
- Lead Inspection $250 and up
- Travel time if you live outside Edmonton city limits
Admirable Inspection Services does not have the cheapest home inspection cost, but we do offer a quality home inspection with experienced inspectors, quality infrared camera (Flir T530), a punctual home inspection report. Removing all the risks and costs from you the home buyer.
My Promise to You
Choosing the right inspection service provider can be difficult. Unlike most professionals you hire, you probably won’t meet me until your inspection appointment–after you’ve hired. Furthermore, different inspectors have varying qualifications, equipment, experience, reporting methods, and pricing. One thing that’s certain is that a thorough inspection requires a lot of work. Ultimately, a quality inspection depends heavily on the individual inspector’s effort. I guarantee that I will give you my very best.
— Steven Letendre
Admirable Inspection Services