Home improvement projects are typically thought of as aesthetic endeavors, involving remodeling and renovations that make the home look more beautiful. However, sometimes the most important renovations on the home are the types that don’t make your home more beautiful, but make it better — in every sense of the word.
One area of the home that typically needs such a renovation is the basement. Most people don’t consider waterproofing their basement to be a top priority. Yet failing to do so may result in catastrophic consequences down the line that can cost in more ways than one. In the U.S. alone, water damages accounts for almost a quarter (23%) of home property damages, and this damage often starts in the basement.
Here are three reasons why you should consider waterproofing your basement:
Health and Safety
When water leaks into a wet basement, it can soon grow damp and moldy. This is unfortunately an ideal environment for mold spores, mildew, and bacteria to grow. This is not only unpleasant to smell and deal with, but it can also pose serious health risks for individuals who suffer from respiratory illnesses such as asthma or allergies.
While the cost of basement waterproofing might seem like a large investment to contend with, even the smallest of leaks can accumulate and cost you a great deal in the long-term. Water that accumulates and sits on floors and between walls can threaten your home’s structural integrity and can call for numerous expensive repairs. In fact, repairs for foundations can range from anywhere between $5,000 and $50,000.
A wet basement can be disastrous to any homeowner for many reasons. First, it is dangerous. A number of electrical and gas appliances live in the basement, and can also present risks in the form of sewage backup. And from there, it can get expensive to repair the extensive damages. Clearing up floodwater from the basement can cost as much as $10,000 depending on the type of water damage at hand. Additionally, many people store their belongings in the basement, and flood damage could ruin precious family heirlooms and belongings. Waterproofing your basement will help to protect it from unwanted costs, hazards, and inconveniences of flooding.