Home Inspection - 5 Questions

Many home buyers ponder whether or not a home inspection is necessary when it comes time to buy a home. Even when a home is brand-spanking new, a home inspection should be a part of the home buying experience.

The following are some home inspection questions that readers sent in regarding home inspections in Canada.

1. What will a home inspection reveal?

A home inspection will reveal the following:

• serious problems (repairs in excess of $1,500)
• replacement and repair needs
• life expectancy of major components
• safety information

2. How much does a home inspection cost?
 It is best for you to shop around, as home inspection costs tend to differ greatly.
Some real estate inspection service providers charge by:

• Square foot
• Cost of the house being inspected (rates sometimes go as high as 2%)
• The hour (some charge upwards of $100 per hour)

3. How long does a home inspection take?

The time is takes to conduct a home inspection depends on the size and even condition of a home.
Some home inspection can be completed in less than 2 hours, while others may take upwards of 6 hours. What matters most is that the inspection is thorough.

4. Are home inspections guaranteed?
It is important to note that home inspections are not intended to provide guarantees or warranties. Some companies will offer to refund your money if their home inspector misses something, but that is certainly not a situation you want to find yourself in at any point.

Make sure you find a qualified home inspector – ask for references and professional qualifications.

5. Where can I find a qualified home inspector in Canada?
To find an inspector near you in Canada, visit CAHPI.ca and CanNACHI.org