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What's the return on Investment for basement waterproofing

Thursday, November 29th, 2018 by Lidia Staron


Before undertaking any major home repair project, you will want to make sure it is going to be worth every penny you spend. That said, one of the first questions you will want to ask is “how much is the return on investment (ROI) for this particular project?” Indeed, the ROI must be among your primary considerations. You cannot take this for granted because the ROI serves as a tool to measure the efficiency of your investment as compared to cost. It goes without saying, the higher the ROI, the more cost-efficient the project is, and the more saleable.

 

Many will rather put their money on a kitchen remodeling project, bedroom or living room renovation, or a home addition, but none of these gives a higher ROI than basement waterproofing. Basement waterproofing is not all glitz and glamour. Far from being so, it nonetheless offers numerous advantages that make it a worthy investment. Like, for instance, it will keep your home mold-free. Black molds are dangerous. They can cause damage to property, allergic reactions to human beings, and in some cases, they can even be deadly. Molds grow where there is moisture, so in order to keep them away, you will just need to create an unfavorable environment for them, and the best way to do this is to waterproof your basement. It will starve the molds and they will die. Without moisture, they’ll cease to exist.

 

Basement waterproofing will also make for a sturdier home. You may find it odd to think that inefficiencies still occur even in this modern age when everybody has access to internet technology and can enjoy a full range of digital services and products like cash advance online. One example of inefficiency is foundation damage, resulting from not having given the foundation enough protection even though the property is sitting on an expansive soil, which allows water to seep in easily. Over time, the foundation will weaken, causing it to crack.

 

To any homeowner, even a simple crack on the home’s foundation can cause many sleepless nights because of what can come next. A little shake, a slight tremble of the earth can cause the entire house to collapse. The good news is, simply waterproofing your basement can go a long way in preventing water from damaging your home’s foundation. But you need to act soon and fast because the longer you put it off, the bigger the damage will be, and that’s going to cost you a lot more in the process.

 

Another benefit to basement waterproofing is the additional monetary value it gives to your home. Mold infestation and foundation problems are not only threats to life and property; they also reduce the value of your home. If you’re going to sell your property, you will want to make a good impression, and you can’t do that with a mold-infested home. Many home buyers are very particular about this. In order to get a good price for your property, you’ll need to address mold issues first before putting getting it on the market. This way, you can command a high price for your property.

 

The same can be said when you waterproof your foundation. Sealing your home’s foundation not only leads to a stronger structure but also practically eliminates the possibility of water seeping in and causing water damage. With this out of the way, selling your home will be a lot easier.

 

Whether you’re after keeping your home mold-free, protecting your foundation, or increasing your home’s value for potential home buyers, you’ll never go wrong when you decide to waterproof your basement. However, you look at it, investing on this home repair project will always work to your benefit. At the end of the day, it will not even count as an expense, but a worthy investment that has a high turn around rate. According to experts, the return on investment for basement waterproofing is around 27-30%. And with such a high ROI, you’ll have better chances of selling your property on your own terms.

 

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