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

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.

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Popular Jasper, Indiana Home Searches:

Newest Homes for Sale in Dubois County

View the newest homes listed in Dubois County in the last 10 days:

Located in Hunters Crossing Subdivision in Huntingburg  is this 2562 sq. ft. brick and vinyl Craftsman style construction home built by Jagoe Homes. The main floor open concept design offers a family room, kitchen and dining area complete with a walk-in pantry and half bath located nearby. The upgraded kitchen features an island bar, granite counter tops, tiled back splash, a pretty blanco sink and stainless steel appliances including a gas range.  A home office is also conveniently located on level one. Level 2 includes a spacious owner's suite with an oversized bedroom, large bathroom with a twin sink vanity and an abundance of cabinets, a  fiberglass shower, and a gigantic walk-in closet. Three additional bedrooms, a full bathroom, the laundry room, and a bonus room comlete level 2. Luxury vinyl plank is installed throughout the main level as well as all bathrooms and laundry room. The 2 car attached garage, rear patio, and welcoming front porch complete this attractive home. $349,000 Active

1406 N Hunters Crossing Pass Huntingburg, Indiana

4 Beds 3 Baths 2,562 SqFt 0.18 Acres

Listing courtesy of Gary Schnell from SELL4FREE-WELSH REALTY CORPORATION.

This charming classic home in Jasper offers an inviting blend of modern updates and timeless appeal. With 3 bedrooms and 2.5 baths, it provides ample space for comfortable living. The open-concept living and dining room enhances the flow of the main floor, leading to a fully stocked kitchen that overlooks a beautiful level fenced yard and patio—perfect for outdoor gatherings. The expansive master bedroom is a retreat in itself, featuring a his and hers bath, a large walk-in closet, and access to a private deck with stairs to the backyard. Upstairs, two bedrooms with spacious closets and a full bathroom offer plenty of room for family or guests. The large family room on the lower level is ideal for entertaining, complete with a bar area with plumbing available, Wall mounted TV above a cozy gas fireplace, half bath, and backyard access. The basement adds extra versatility with two finished bonus rooms, a potential office or sitting area, and a large laundry room. The outdoor space is a highlight, offering a storage area with overhead door and generous room for relaxation and play. Don't miss the chance to explore this captivating property through the 3D virtual tour! $342,000 Pending

1153 W 13th Street Jasper, Indiana

3 Beds 3 Baths 4,541 SqFt 0.36 Acres

Listing courtesy of Amy Uebelhor from SELL4FREE-WELSH REALTY CORPORATION.

Don't miss your opportunity to see this cute 3 bedroom, 2 bathroom home in Dubois. Resting on approximately 1.3 acres, this home offers an abundance of yard space to entertain, garden, and more. Step into the home, filled with natural light. This split floor plan features two bedrooms on one side, and an updated owner's suite. The owner's suite includes a tile shower, walk-in closet, and french doors leading onto a private porch. This home offers the perfect blend of modern comfort and versatility. $274,700 Active

7975 E State Road 56 Dubois, Indiana

3 Beds 2 Baths 1,926 SqFt 1.3 Acres

Listing courtesy of Brenda Welsh from SELL4FREE-WELSH REALTY CORPORATION.