Costs
Water damage repair costs can vary greatly depending on the extent of the damage, the materials affected, and the difficulty of the repairs. Here is a breakdown of some of the typical costs:
- Extraction and drying: $200-$1,000
- Structural repairs: $1,000-$10,000
- Mold remediation: $500-$5,000
- Property restoration: $2,000-$10,000
Foundations
Water damage can compromise the structural integrity of your home’s foundation. This can lead to a number of expensive problems, including:
- Cracked or settled foundations: $2,000-$10,000
- Leaking basements: $500-$5,000
- Mold and mildew growth: $500-$5,000
Why is Water Damage So Expensive?
Water damage can be expensive to repair for several reasons:
- Materials: Water-damaged materials, such as drywall, flooring, and insulation, must often be replaced.
- Labor: Water damage requires specialized equipment and skills to repair.
- Hidden damage: Water can seep into hidden areas of your home, causing damage that is not immediately visible.