What’s the Difference Between a Home Inspection and a Home Appraisal? |

A home appraisal is different than a home inspection. Appraisals are used to determine the value of a property, while home inspections are used to identify any potential problems with a property.

Here’s what you need to know.

What is a Home Inspection?

A home inspection is an examination of the physical condition of a home. Home inspectors will look at the structure of the home, as well as the plumbing, electrical, and HVAC systems. They will also check for any signs of pests or water damage.

Home inspections are usually conducted by a professional inspector. The inspection report will identify any problems with the property.

How Much Does an Inspection Cost, and Who Pays for It?

Home inspection fees vary, but are typically between $200 and $500. The fee is usually paid by the buyer.

What is a Home Appraisal?

A home appraisal is an estimate of the value of a property. Appraisals are conducted by professional appraisers.

Home appraisals are typically required when a home is being sold. The lender will order an appraisal to ensure that the loan amount is not more than the value of the property.

How Much Does an Appraisal Cost, and Who Pays for It?

Home appraisal fees vary, but are typically between $300 and $500. The fee is usually paid by the buyer.

$995,000

5 Bedrooms
6 Bathrooms
5,748 Sq Ft
8.870 Acres

1700 N Newton St. Jasper, Indiana

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Listing courtesy of Larry Carpenter III from Carpenter Realty LLC.

$429,000

4 Bedrooms
3 Bathrooms
2,208 Sq Ft
0.660 Acres

1450 Saint Charles Street Jasper, Indiana

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Listing courtesy of Stephanie Hasenour from RE/MAX Local.

$400,000

4 Bedrooms
2 Bathrooms
3,490 Sq Ft
0.353 Acres

307 Newton Street Jasper, Indiana

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Listing courtesy of Tama Stemle from RE/MAX Local.

$350,000

4 Bedrooms
2 Bathrooms
3,040 Sq Ft
3.580 Acres

4051 N 550 W Road Jasper, Indiana

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Listing courtesy of Arlet Jackle from RE/MAX Local.

$336,000

3 Bedrooms
2 Bathrooms
1,502 Sq Ft
0.344 Acres

900 Juniper Court Jasper, Indiana

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Listing courtesy of Dara O'Neil from F.C. TUCKER EMGE.

$331,000

3 Bedrooms
2 Bathrooms
1,500 Sq Ft
0.280 Acres

924 Juniper Court Jasper, Indiana

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Listing courtesy of Kara Hinshaw from Key Associates Signature Realty.

$315,000

3 Bedrooms
2 Bathrooms
3,471 Sq Ft
1.740 Acres

582 E 36th Street Jasper, Indiana

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Listing courtesy of Sandra Cave from RE/MAX Local.

$279,000

3 Bedrooms
3 Bathrooms
2,548 Sq Ft
0.259 Acres

920 Brandon Avenue Jasper, Indiana

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Listing courtesy of Sandra Cave from RE/MAX Local.

$269,700

3 Bedrooms
3 Bathrooms
2,248 Sq Ft
0.264 Acres

4517 Obing Strasse Street Jasper, Indiana

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Listing courtesy of Stacey Hurst from RE/MAX REVOLUTION.

$265,000

3 Bedrooms
2 Bathrooms
1,478 Sq Ft
0.262 Acres

4153 Marywood Drive Jasper, Indiana

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Listing courtesy of Dara O'Neil from F.C. TUCKER EMGE.

$240,000

4 Bedrooms
3 Bathrooms
2,549 Sq Ft
0.124 Acres

612 W 8th Street Jasper, Indiana

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Listing courtesy of Dara O'Neil from F.C. TUCKER EMGE.

$239,900

4 Bedrooms
3 Bathrooms
2,382 Sq Ft
0.187 Acres

1005 N Main Street Jasper, Indiana

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Listing courtesy of Yvonne Meyer from American Dream Mauntel Realty.

$228,000

3 Bedrooms
2 Bathrooms
1,502 Sq Ft
0.230 Acres

4629 Baden Strasse Street Jasper, Indiana

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Listing courtesy of Paige McCarty from Carpenter Realty LLC.

$219,000

3 Bedrooms
4 Bathrooms
2,400 Sq Ft
0.315 Acres

2316 Sunset Drive Jasper, Indiana

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Listing courtesy of Keasha Fromme from Carpenter Realty LLC.

$219,000

2 Bedrooms
2 Bathrooms
1,266 Sq Ft

901-2 Reyling Drive Jasper, Indiana

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Listing courtesy of Kara Hinshaw from Key Associates Signature Realty.

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