How Much Does Water Damage Restoration Cost?
Water damage is the third largest cause of property damage losses in the US, and it contributes to 23% of all reported property losses. Water damage is the second most frequent reason for claims as per the American Insurance Association. Around 14,000 people are affected by an emergency related to water damage each day in the US.
Water damage costs vary widely based on the type of water, the size of the area affected, the materials affected, etc. On average, in the US, a homeowner pays between $1,000 and $5,000 on a single water damage restoration event. Costs can range from a minimum of $150 for a simple moisture check to well more than $20,000 for water damage remediation from a contaminated water source, which might include water removal and renovation of floors or walls. Immediate action is essential in cases of water damage. Delay worsens the damage to structures and increases the chance and severity of mold growth. This can lead to more expenses. So it is best to contact a local water damage restoration company as early as possible.
The following are some of the factors that influence the cost of water damage restoration services.
Type of Water
The source and type of water involved determine the cost of the water removal.
Ø Clean water – comes from a leaking pipe or rain. It is water that is free of contaminants or chemicals. Typically the least expensive to remediate if immediate action is taken.
Ø Gray water – is from appliances like dishwashers or washing machines. Water must be dried and the area must be cleaned. This type of water damage is more costly to remediate than clean water, but if quickly dealt with it will not turn into a category 3 or black water situation.
Ø Black water – comes from a contaminated source like sewer pipes, overflow from rivers, or a natural disaster such as a hurricane or tornado. As the water is usually contaminated with bacteria and other organisms or insects the cost of water removal and cleanup is high. This is the most costly category of water damage restoration and must be remediated immediately to prevent microbial growth.
In general, the cost of water damage restoration increases when the water is more contaminated or a larger area is affected.
Class of Damage
There are 4 classes of damage, and the damage repair cost increases with each class.
Ø Class 1 – only a small area of the house is affected and there is minimal absorption of water into the structural materials.
Ø Class 2- there is structural damage to the floors and walls surrounding the water that requires minor repairs.
Ø Class 3 –damage that affects the ceiling and walls, might be due to a leaking roof.
Ø Class 4 – a large area of the house is affected causing significant structural damage.
Type of Damage
Ø Cosmetic Damage – requires restoration but does not affect the structural integrity. This may include drywall repair, replacing wallpaper, repainting or replastering, etc.
Ø Electrical damages- are more dangerous and might need the removal of affected wires and rewiring.
Ø Mold – mold remediation involves inspection, removal of affected material, and thorough cleaning.
Ø Structural Damage – might need roof repairs, fixing walls, or repairing cracks in the foundation.
Ø Other items – replacement or repair of personal items like electronics and clothing may be necessary. Furniture items may also need replacement or repair.
Costs for water damage restoration vary according to the type of damage. Cosmetic damage might cost less to repair than structural damage.
Depending on the rooms that sustained water damage, restoration costs will also vary. For example, basement water damage restoration cost is highly expensive. Repairing water damage in a bathroom might cost less. This is because different rooms have different repair needs depending on the materials in the space.
Area of Repair
Water extraction and drying of an area and repair needed will cost different amounts. In general, repairs to a wall will be less than what is needed for the roof.
The type of material used for flooring (vinyl, carpet, tile, hardwood), type of wall (drywall, plaster wall, brick wall, wallpaper), and roofing materials also have an impact on the cost of repair.
Labor costs vary depending on the type of repair work and what type of technician is handling the work. This can increase further if rental equipment is needed.
Water damage restoration costs can vary widely based on the factors discussed above. Homeowners can get estimates from local water restoration companies. Proven Restoration LLC offers free estimates for the costs of mold remediation and water damage restoration in Houston Texas. It is a licensed mold contractor that can issue a Certificate of Mold Damage Remediation. Proven Restoration LLC located in Katy, Texas can be contacted at (832) 430-7320 for mold remediation, water damage repair, duct cleaning, and disinfection.