Water damage can decrease your home value!
9/24/2021 (Permalink)
With everything that might affect the value of your home, trying to sell your home can be a very hard process. Water damage and the hassles that come with it are one of the things that few people consider damaging a home's value.
Here are types of water damage that decrease the value of your home:
- Structural Issues
- Foundation Issues
- Mold
Structural issues from water damage
When a storm or flood causes significant water damage to your home, the structural integrity of your property may be compromised. Finding and repairing these structural flaws in your home's walls, floors, ceilings, and crawl spaces can help avoid your home's value from plummeting.
It's critical to thoroughly evaluate your property for any structural damage, such as decaying wood, sagging beams, wall cracks, and broken electrical fixtures.
Foundation issues from water damage
If you've experienced water damage from a flood or a busted pipe, it's possible that the water has harmed your foundation. Floods can cause irreversible damage to the foundation of a home with a basement.
This is likely to be the most expensive aspect of repairing your property after water damage, but it is also the part that will have the most impact on its worth. Detecting foundation problems early reduces the cost of repairs. The longer the foundation damage goes untreated, the worse it will get.
Mold from water damage
Mold can form in the walls and carpets if there is water in your home due to a flood or a sewer backup. It can soften your home's materials, causing long-term harm to your walls' drywall, studs, and insulation. Mold thrives on your home's wood and drywall before spreading to the materials it consumes.
Contact SERVPRO Elmhurst today if you have any water damage or concerns! (630)758-1701