What value does basement waterproofing add to my home? Any type of home repair or upgrade should be treated as a situation where you want a Return On Investment or ROI. Home improvement projects are generally expensive, and you want to get what you pay for. Does basement waterproofing quality as something providing an ROI?
Waterproofing your basement provides multiple benefits, including a decreased chance of foundation damage. Read on to learn more about what waterproofing your basement can do for you.
How Does the Basement Waterproofing Process Work?
Waterproofing your basement creates a healthier home and protects your belongings, no matter how you opt to use the space. Deciding to waterproof your basement is a wise choice because it helps you prevent mold. However, what’s involved?
Filling any cracks in your walls is an important part of the waterproofing process because cracks allow excess water into the basement. If you have cracks, this is one of the strongest indicators of foundation issues.
Ensuring proper drainage can go a long way towards keeping your basement waterproofed. Water would drain away from your house through a slope in an ideal situation. However, soil saturation is often an issue making this scenario impossible.
Another important consideration in the waterproofing process is whether you need to install a sump pump. These pumps are a crucial part of many drainage systems.
What Value Does Basement Waterproofing Add to My Home? How Does It Benefit Me?
When asking yourself what value does basement waterproofing add to my home? it’s good to know that basement waterproofing may provide about a 30% return. Many homeowners would consider the added value a good trade-off for the initial expense.
Foundation damage and mold growth are two of the most frustrating effects of a non-waterproofed basement. These problems can carry hefty repair expenses. If severe enough, foundation damage or mold can make your home uninhabitable.
Because waterproofed homes are less likely to have foundation or mold issues, buyers are more likely to keep these houses in mind. When choosing between different houses, many buyers will look for options that require less maintenance. Your investment will be worth it if a buyer is willing to pay a higher price.
What Am I Likely to Pay to Waterproof My Basement?
Basement waterproofing is a home upgrade with predictable costs. The technology and methods used for waterproofing change very slowly. When you waterproof your basement, you won’t have to deal with passing trends that will change in a few years.
Waterproofing costs range from $2000-$7000 and up. The average is about $4600, typical in many areas. This amount breaks down to $5-$10 per square foot.
What Are the Most Significant Benefits Overall for Waterproofing My Basement?
If you decide to put your home on the market, the stability of its foundation will be a major concern. Buyers will likely be put off by anything that indicates foundation troubles. A musty-smelling or damp basement is a major red flag for buyers.
Additional benefits of waterproofing include:
- Avoiding the medical issues associated with mold or mildew
- Assurance that additional basement-level rooms are safe from foundation troubles
- Keeping floodwater out of your basement and avoiding property damage
Knowing that there is an ROI makes the waterproofing decision easier. However, one important thing to remember is that waterproofing isn’t a DIY job. There are too many potential issues to address, requiring someone experienced in foundation work.
What Value Does Basement Waterproofing Add to My Home: Contact Olson Foundation Repair
Waterproofing basements is a job that Olson Foundation Repair can handle, and we are always ready to answer your questions, contact us to learn more about what value does basement waterproofing add to your home?