But what is the real price homeowners pay for water damages, and why? The answer varies depending on the extent of damage, but on average, water damages are not cheap. This is why routine water leak inspection and plumbing service is so important. Preventative maintenance is the only effective solution for water leaks and water damages in properties equipped with a plumbing system.
When water damage occurs, whether as a result of a broken appliance or plumbing defect, costs are bound to generate. The extent to which they generate depends on the individual circumstances, including how long the leak or defect went unresolved and how much water was lost. For instance, general costs involved in water damage includes the cost of increased water bills for lost water, as well as, the cost to repair an appliance, the cost to repair or replace the defective piping, and the cost of labor to provide these services. And aside from structural damage costs, there are several potential costs associated with health hazard renovations as well.
Mold and Mildew
Water damage leads to moisture, which can cause mold, Mildew, and fungus growth in cold dark places. These bacteria can grow at rapid rates, spreading hazardous mold spores throughout a property. This can irritate existing upper respiratory issues like asthma or allergies, and can also cause respiratory illnesses and irritations, including coughing, sneezing, congestion, difficulty breathing, sore throat, running nose, and more. To remove this problem, mold remediation services are generally required, which can
be costly depending on the extent of damage.
The most common result of water damage is structural deterioration. Concrete slabs, foundation, insulation, flooring, ceilings, walls, and more are all weakened and warped by water. This can be a devastating expense if the water damage was extensive and caused foundation problems. In any case of structural damage, property owners can expect to pay for labor, parts, and supplies to repair or replace drywall, insulation, paint, and anything else that was effected.
In cases of a severe flooding or extensive water damage, personal property is often destroyed or badly damaged. Things like furniture, electronics, carpeting, filed paperwork, family heirlooms, and even food are common commodities damaged by water leaks and floods. Many of these things can be replaced with money, but several others are often priceless.
When water comes into contact with electrical systems, wiring, fuses, boxes, or devices, it is a potential electrocution and fire hazard. Not only does this jeopardize safety, it can cause fires and electrical hazards that are expensive to repair.