Why is Water Damage so Costly?

Why is Water Damage so Costly? Tuesday, June 19, 2018

Water can be a destructive force. It can cause major damage in an instant, yet we need it to survive. Our homes contain a plumbing system that transports water behind the walls and under the floors. However, when the water finds a way to escape the confines of your plumbing, or intrudes because of rain, it can have no mercy on your possessions! This is particularly the case in Central Florida, due to tropical storms and hurricanes.

Water Damage Sources

The primary sources of water damage in a household can come from any one of the following:

  • A leaky toilet
  • A broken water main line in the ground
  • Burst pipes in your plumbing
  • Leaking roof
  • Structural issues

Bursting pipes is a reminder that, even though your plumbing system is good at what it does, it still requires maintenance and repairs from a professional plumber from time to time. If you do not catch a leak immediately, there is the potential for thousands of dollars of damage to occur. And so the question becomes, what can make water damage cost a homeowner an arm and a leg? Restoration & Mold!

Although water damage can be costly, typically your homeowner's insurance covers it.

Water Restoration

The cost of an entire water restoration project can be many thousands of dollars, depending on the damage, the size of the house, and the affected areas. Aside from structural damage to your home, you have to consider any costs in replacing furniture, or other personal belongings.

Some routine costs to consider when there is a water leak, a flood, or if a pipe bursts in your home, are:

  • Drywall replacement
  • Replacing flooring
  • Replacing a subfloor in your bathroom
  • Additional fees may be needed on carpeting, cabinetry, paint, trim, etc.

Mold Remediation

When water damages in your home, you need to be concerned about mold. Dark and damp areas are breeding grounds for it, and chances are, it will be growing within 24 hours. And just think... what if water has been standing, or your leak has been dripping for an extended period of time? By that point, the area is most certainly infested with harmful mold.

The longer it takes to address your water problem, the more costly it can become for repairs and remediation. The average cost of mold remediation can start at $500 and go up into the multiple thousands of dollars. That cost is specifically related to removing the affected materials and replacing them with new materials.

After mold remediation is complete, homeowners have to think about new flooring, drywall, and possibly other necessities.

In Conclusion

Water damage is costly for homeowners and there are no ways to get around this fact. If it is left unaddressed, it could cause further harm to your home and potentially your health. Mold must be remediated, due to its hazardous nature, and water needs to be contained to ensure your home remains in good condition.

At True Builders, we can repair water damage your home may have received, as well as evaluate the extent of any mold infestation. Call us at (863) 647-1800, to have our team restore your home to a condition that is virtually pristine!

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