Home Inspection vs Appraisal: What's the Difference?
Quick Answer
An inspection examines the home's physical condition ($300–$500). An appraisal determines market value ($300–$600). Buyers typically need both when purchasing a home.
Cost Breakdown
| Service | Low | High | Notes |
|---|---|---|---|
| Standard home inspection | $300 | $500 | — |
| Radon testing | $150 | $250 | — |
| Mold testing | $200 | $400 | — |
| Sewer scope | $200 | $400 | — |
| Termite/pest inspection | $75 | $150 | — |
Home Inspection vs Appraisal: What''s the Difference?
An inspection examines the home''s physical condition ($300–$500). An appraisal determines market value ($300–$600). Buyers typically need both when purchasing a home.
Related Questions
How do I find a good home inspection professional?
Check reviews, verify licensing and insurance, get 2-3 quotes, and ask for references from recent projects.
Do I need a permit for home inspection?
It depends on the scope. Most cosmetic work doesn't need permits, but structural, electrical, and plumbing changes typically do. Your contractor should know local requirements.
How can I save money on home inspection?
Get multiple quotes, schedule during off-peak seasons, bundle multiple projects, and ask about payment discounts.