Rain, hurricanes, plumbing problems, whatever the cause… water damage and flooding can happen to any home. Unfortunately, that means cleaning up and repairing the damage. Let’s take a look at the real costs of water damage and flooding to your home.
Clean
Depending on how much water is in your house or basement, water pumping starts at $150 for those who want to do it themselves and $500 for professionals, depending on the amount of water. If it’s storm damage and you have debris and mud to clean up, you’ll need to factor that into the cost. Then you will need to get a dehumidifier which can cost anywhere from $200-$300 for a residential size.
There are also different types of water: clean water, gray water and black water. Clean water comes from a pipe without any contaminants. Greywater comes from an overflow from an appliance, such as a dishwasher or washing machine, and has some contaminants. Blackwater has the most contaminants and it comes from sewage water or something else. The more dangerous the water, the more expensive it is to clean up.
Repair
Replacing walls, floors, ceilings, and ceilings can cost you anywhere from $500 to over $10,000. It also depends on which part of the house is affected. If you need a new roof and new floors and walls, you are paying a pretty high bill.
If your electrical wiring was damaged, it will cost you an average of $135 just for the electrician. According to Thumbtack, rewiring a 10×10 room starts at $900, to rewire the entire house you’re looking at a minimum of $9,000 – $12,000.
additional costs
Not all water damage comes from flooding, sometimes water can cause other types of damage, such as mold. Mold repair starts at $500 and goes up to $6,000. Another way that water can damage your home is by cracking the foundation. If you have repaired the foundation, it will cost up to $10,000, depending on the severity.
Let’s face it, water damage is expensive. Taking the proper precautions to protect your home is the best way to avoid footing the bill. Good insurance will also help, but depending on your coverage, you may end up paying a lot out of pocket. If your home is damaged beyond your means to repair it or you just don’t want to deal with the headache, contact a real estate solutions company to learn about your options.