Flooding caused by weather. Burst pipes in your home. Cracks in foundation. Leakage from the roof. A leaking toilet… There are many ways water can damage your home. What is the average cost of water damage restoration? This question can only be answered if several factors are considered.
Type of water
Water damage restoration can be divided into three types.
- Water that has been filtered or collected from rain is considered clean water. This is the cheapest to clean up and most problems will cost you around $3.75 per square feet.
- Gray water refers to water from appliances such as the washing machine or dishwasher. This water is more difficult to clean and costs an average of $4.50 per square feet.
- Black water is water from a polluted source. Think sewer pipe. This is because of the extreme contamination and it can cost about $7 per square feet.
WATER DAMAGE – Amount
How was it damaged? This is an important consideration when determining the cost of water damage restoration. Do you only deal with water? It’s not difficult to do this. Drying out the affected area is quicker and cheaper than dealing with extensive water damage. The cost of water damage restoration will increase if your drywall is damaged.
SIZE OF THE AREA
The cost of water damage restoration will depend on the extent of the damage. A small leak in your bathroom won’t cost you the same as a full basement flood.
ADDITIONAL RESTORATION WORK
Additional restoration work should also be considered. Do you need to remove and replace drywall? Do you need flooring ripped up and re-installed? Are you looking for mold remediation, or did mold grow? These additional costs add up to the cost of water damage restoration.
Home Advisor estimates that homeowners will spend $2,582 on water damage repairs in 2019, with prices ranging from $1,074 to $4,090. All costs will vary depending on the factors mentioned.
HOW TO MINIMIZE WATER DAMAGE RESTORATION FINANCIAL RISK
You may think that water damage is irreparable. You can reduce the damage and hopefully make it less costly to repair.
Stop water damage immediately to reduce costs. Turn off the water supply and power to the area. Throw rugs and other furniture from the affected area. You can either clean up the water or bail it out. To speed up drying, open cabinet doors. Remove wet draperies. The area should be exposed to sunlight.
First, get in touch with professionals immediately. You’ll be able to minimize damage if they are available as soon as possible. You’ll pay less if you have less damage.
It is a smart idea to deal with small repairs as they arise, instead of letting them become bigger problems later. You should have quality insurance. If you sustain damage, make sure to document it for insurance claims.