Inspection VS Appraisal -

An appraisal is based on the home’s value, while an inspection focuses on the home’s condition.

Appraisal: An appraisal is a walk-through of the home and a general evaluation. It’s compared with nearby comparable sales to determine its market value. An appraisal determines the property’s fair market value. An appraiser is licensed to perform the appraisal. An appraiser may visit your home to assess its features and location. However, most of the work is done in their office. Depending on your area and the size of your house, an appraisal typically costs $400.

Inspection: A home inspection is a more detailed look at the property’s condition. An inspector licensed by the state will spend many hours inspecting the house and testing its functionality. The inspector will make recommendations to the buyer about items that need to be replaced or repaired after the inspection is complete. Depending on the size and location of your home, a home inspection can cost between $250 and $700.

What can you expect from a home inspector?

After signing the contract, you will want to schedule a home inspection in Houston. Buyers may hire an inspector before making an offer in low-inventory areas. You can choose a home inspector that you feel comfortable with. Most people ask their agent for recommendations, seek referrals from family and friends, or look online for reviews.

A home inspection can take between three to four hours, depending on how detailed the report is. Your inspector will not only inspect the house but also test its functionality.

Plumbing
Roof condition
HVAC
Foundation
Appliances
Drainage
Water damage and mould

A home inspection might not uncover every issue, especially if the issues are seasonal or hidden. Buyers should discuss exclusions with their licensed home inspector before and during the inspection.

The inspector will attend the inspection: In most cases, both the buyer and their agent will attend. This will allow you to have your inspector present to you in real-time and learn about the house’s systems before you move.

What happens next: Your inspector will submit a written report detailing their findings and photos.