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Fire & Water - Cleanup & Restoration

Average Cost of Water Damage in 2020

9/14/2020 (Permalink)

Bathtub filled with gray mucky water. Sewer damage can increase a water damage estimate.

Many of our potential customers call us asking questions very similar to the following; “How much would it cost to clean my basement from water damage?” We understand the importance of this question especially as individuals who also ask the same type of question when we need services done for us or to us. At times, we do find ourselves shy in giving a definitive answer because there are so many factors in pricing for water damage. From the type of water to the number of affected contents, there’s a lot that can happen to your home when unfavored water is present. Still, we want to give you an idea of how much it could cost. According to Home Advisor, the average cost of water damage is about $3000.

Potential reasons why pricing may increase.

  • Structural damage – Demolition of affected drywall, ceiling, removal of trimmings, removal of carpet, trash disposal, etc.
  • Amount of Affected Contents – An unfinished basement could cost less than a finished basement because of the lack of contents.
  • Type of Water – Sewer water aka “black water” is hazardous. Will require cleaning, disinfecting, and possible structural restoration.
  • Amount of Water- Extraction time and drying time may take longer due to the amount of water.
  • Square footage- A small affected room could cost less than a whole affected floor.
  • Mold – Moisture is a breeding ground for mold. The longer you wait to dry an area, the higher risk your home has of getting mold. Mold remediation will increase the price.

The Benefit of Insurance is Peace of Mind.

Did you know that Insurance can help cover the cost of water damage in your home or business? We want to encourage you to find out more information about your insurance coverage and if your provider covers water damage, sewer damage, storm damage, or mold remediation. You might want to consider paying a little extra now on premiums so that later, you could pay less.

We can inspect your water damage! Please give us a call at (319) 268-1521.

References:

https://www.homeadvisor.com/cost/disaster-recovery/repair-water-damage/

https://www.fixr.com/costs/water-damage-restoration

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