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Inflation has made every part of buying a home more expensive. A standard home inspection costs around $500, and common repairs like water heater replacement add up fast. Budget for these costs when evaluating a property.
Inflation has made every part of buying a home more expensive. A standard home inspection costs around $500, and common repairs like water heater replacement add up fast. Budget for these costs when evaluating a property.
So the first thing is, when you're buying a property, if you think about inflation and how it affects everything we do, all the components of a home are much more expensive than they used to be. So I always tell people, the price of our average home inspection is around $500. So if you think about what you could find in a home that would cost you $500, it doesn't take much. Water heaters are very commonly replaced.
