Water damage is a common problem that homeowners face every year. If you’ve ever had flood or fire damage, you already know how costly it can be to repair. Does water damage cost a lot to fix?
Water damage can happen from various causes, such as broken pipes, flooding, leaking roofs, and even heavy rainstorms. Restoring things to normal is usually fairly simple. The bad news is the cost.
The cost of fixing water damage can vary depending on the extent of damage and a variety of other factors, such as what caused it in the first place, whether insurance was involved, and whether or not there’s an underlying issue like foundation repair that needs to be taken into consideration.
Restoring structures after water damage can be a challenging problem. Financial planning is essential in any situation, and knowing the many parts of fixing water damage will help you do so. In this post, we will examine what affects water damage repair costs.
Guidelines for Getting Started
The first step if your home suffers water damage is to receive a quote for the cost of repairs. The easiest method to learn how much it will cost to fix water damage is to get an estimate from a professional restoration company. They’ll be able to provide a detailed cost breakdown of the necessary labour. However, keep in mind that an estimate is not the final, exact cost. The amount can vary based on the damage and repairs that may be necessary. To generate an estimate, the restoration company must come to the premises and inspect the damage.
In some circumstances, a portion or all of the costs are covered with water damage restoration. However, contacting your insurance provider is always a smart idea before filing a claim to ensure you are covered.
Cost Assessment Manual
Some things need to be considered before a water damage restoration business can give you a precise estimate of how much it will cost to fix the damage to your house. They figure out where the water is coming from, how extensive the damage is, and how many people will be needed to fix it. The various factors influencing the cost of repairing water damage are discussed below.
What Kind of Water Is At Risk
The type of water you use can affect the cost of your estimate.
Generally, clean water is not contaminated. It could be a leaking or broken tap or pipe or rainwater coming in through an open window. Handling and disposal of it are safest. Many times, an expert can salvage everything damaged by a flood. Restoration treatments typically cost between $3 to $4 per square foot.
When appliances like washing machines and dishwashers break or malfunction, they can leak grey water, which is more contaminated than white water. There are various health dangers associated with increased pollution. Pricing for this type of restoration typically ranges from $4 to $6.50 per square foot.
Being extremely careful around black water is warranted due to its extremely high level of contamination. Sewers and natural sources are common, including rivers, streams, and the ocean. Bacteria and other potentially dangerous impurities may be present in this water. The average rate for this restoration service is between $7 and $7.50 per square foot.
The Duration of Time
The price tag for fixing water damage might be impacted by how long the water has been standing there. Over time, and especially as temperatures rise, any leaking clean or grey water will degrade into black water. Furthermore, the longer a water loss remains unchecked, the more likely mould development will occur, adding further issues and costs. Mould can begin to form after things have become damp for 48 hours. Your property will sustain less damage if a restoration firm can get there quickly to start drying it out and restoring it.
Area Affected and Its Size
When calculating your estimate, consider the overall square footage of the water-damaged area. A loss on an upper floor could affect the floors below. Surface damage includes ruined carpets, couches, and walls and intangible losses like memories and keepsakes.
The Full Scope of the Devastation
The cost of fixing something increases as water usage increases. Extensive work is needed to restore a building after serious water damage, which drives the price.
The Kind of Equipment Required
Thus, the firm tasked with restoring your property after water damage will need certain machinery to facilitate the drying process. It will also depend on the severity of the damage. You will also need specific equipment and tools to restore your property. Remember that a typical drying time might range from five to ten days, depending on the damage and the method used.
What are the average prices charged by restoration firms?
Remember the following:
First, if the loss is covered by insurance, the prices charged by water damage restoration firms will be comparable because they all use the same pricing structure.
Second, if the damage isn’t covered by insurance or you opt not to make a claim, the repair business may modify the cost estimates. It will suit your position and needs.
What Happens If Water Damage Is Not Fixed?
The consequences of failing to restore water damage depending on the property’s size and the affected sections. It is a reality that the longer water loss is left unaddressed, the bigger the negative impact. Health problems caused by mould growth might be severe. Unchecked water damage can cause musty odours, stains, electrical malfunctions, and other problems.
Water intrusion can weaken the house’s framework and foundation as an added safety risk. To keep water damage from getting more severe and expensive, you should take action as soon as possible. Take prompt action if you discover even a little water damage to your property.
The cost of water damage repairs can cost thousands of dollars depending on their severity. If you want to prevent further problems and minimise damage caused by water, you should act immediately. Get in touch with a restoration expert like Reztor Restoration, and keep detailed records for insurance purposes.
Call Reztor Restoration Now for Water Damage Restoration Services.
The property restoration specialists at Reztor Restoration are ready around the clock for emergencies involving smoke and fire damage, flooding, mould, and other contaminants. We are property restoration’s first responders, delivering emergency service when we need it. Our services are available to both business and private entities. For questions or to schedule an appointment, please call us at 1800 739 867 or visit our website.
