Industry Insights

The Cost of Skipping Home Inspections

Written by Mari Julian | Sep 22, 2025 7:48:51 AM

When buying or moving into a home, it can be tempting to save time and money by skipping inspections. But the home inspection cost is minor compared to what you might pay later if something goes wrong. From electrical hazards and pest infestations to hidden water damage, missing an inspection can set you back thousands.

Why Inspections Matter

A home is one of the biggest financial commitments most people will ever make. Inspections ensure you’re not walking into a property with hidden problems. They provide an independent opinion from a qualified professional who understands building codes, compliance, and safety standards.

Without them, you’re relying solely on the seller’s word—or your own limited knowledge of construction. That’s a gamble that can be costly.

Beyond the financial side, inspections give you confidence in your decision. Even if the report comes back clear, you’ll have reassurance that your home is safe. And if issues are identified, you can address them before moving in—or negotiate with the seller to cover costs.

The Real Cost of Skipping Inspections

1. Structural Defects

Small cracks might look harmless but could signal foundation issues. Skipping a building inspection could mean facing repairs in the six-figure range down the line.

2. Electrical Hazards

From faulty wiring to outdated switchboards, electrical problems aren’t just inconvenient—they can be life-threatening. An electrical safety inspection helps identify risks before they become dangerous.

3. Pest Infestations

Termites and other pests can cause extensive damage that’s invisible to the untrained eye. A pest inspection can save you from unexpected repair bills and stress.

4. Water Damage and Leaks

Rotten benchtops, hidden mould, or damaged roofing can cost thousands to fix. Inspectors know where to look and can point out issues you might easily overlook at an open house.

5. Compliance Issues

Not all new builds are flawless. Many fail to meet Australian building standards. A pre-purchase property inspection helps you confirm the quality of work and spot shortcuts that may affect safety or resale value.

New Builds vs Older Homes

Some homeowners assume new builds don’t need inspections. But many inspectors report finding defects in freshly completed properties—sloppy workmanship, poor sealing, and non-compliant electrical setups. Older homes can have their own challenges, from asbestos to outdated plumbing.

In both cases, inspections provide reassurance and bargaining power if problems are found.

Common Misconceptions About Inspections

  • “It’s too expensive.”
    Inspections typically cost between $400–$800, depending on the type and size of the property. Compare that to thousands in repair costs later.

  • “I can spot problems myself.”
    Even experienced homeowners miss hidden issues. Inspectors are trained to look for signs most of us would overlook.

  • “The agent said everything’s fine.”
    Real estate agents represent the seller, not the buyer. Always get an independent opinion.

What Inspections Don’t Cover

It’s important to know that pre-purchase inspections are visual only. Inspectors won’t move heavy furniture, appliances, or open sealed walls. They focus on structural integrity, safety, and conditions that could lead to future issues.

If you’re unsure what’s included, ask before booking to avoid surprises.

When to Book an Inspection

Ideally, arrange inspections before finalising the purchase contract. For new builds, schedule them as soon as possible so any defects can be fixed under the builder’s warranty period.

Not all inspectors are equal. Look for licensed professionals with experience in the type of property you’re buying. ServiceSeeking makes this easy—you can compare quotes for building inspections, electrical safety inspections, pest inspections, and pre-purchase property inspections all in one place.

Skipping an inspection may seem like a shortcut, but it’s one of the costliest risks a homeowner can take. The home inspection cost is a small price for the security of knowing your property is safe and sound.

When it comes to protecting your investment, knowledge really is power. Book an inspection today through ServiceSeeking and step into your new home with confidence.