Most buyers focus on their down payment and monthly mortgage, but it’s the hidden costs that catch people off guard. Understanding these upfront helps you stay confident and fully prepared throughout the buying process.

1. Inspections — Essential, Not Optional

A full home inspection in Central Florida typically ranges from $350–$600, depending on size.
Additional inspections can include:

• 4-point inspection

• Wind mitigation

• Termite/WDO

• Mold or moisture inspection

They’re not glamorous, but they protect you from expensive surprises later.

2. Appraisal Costs

Your lender will order an appraisal to confirm the value of the home.
Expect $450–$750, depending on the property and location.

3. Homeowner’s Insurance

Insurance is a big topic in Florida. Premiums vary but can be significantly higher than in other states due to storms and aging roofs.
Buyers should budget $2,000–$5,000+ annually, depending on the home.

4. HOA and CDD Fees

Many neighborhoods — especially in newer areas like Lake Nona, Winter Garden, and Horizon West — have:

• HOA fees

• Community Development District (CDD) fees

These can add hundreds of dollars per month to your housing expenses.

5. Immediate Move-In Expenses

Even turnkey homes come with initial costs:

• New locks

• Minor repairs

• Window coverings

• Appliances (if not included)

Having a small “move-in fund” helps reduce stress.

The Bottom Line

Hidden costs aren’t deal-breakers — they’re simply part of being a well-informed buyer. Knowing them early makes the entire experience smoother and more predictable.