Need a little convincing. Here’s an excerpt from the E-Book, helpful for Homeowners and those looking to buy or sell a home.
Sealing the block without allowing it to be drained will trap the water inside of the wall and eventually erode its structural integrity. It may take several decades. The bottom course or two may become so degraded that they turn soft and can cave in the foundation wall.
Cost of Doing Nothing
Failing to waterproof a basement can lead to significant financial losses.
- Foundation repair from $5,000 to $80,000
- Mold mitigation from $2,500 to $14,000
- Furnace replacement from $4,500 to $12,000
- Water heater replacement from $1,500 to $4,000
- Electrical panel replacement from $1,800 to $4,000
- Finished basement repairs (flooring, walls, trim, doors, etc.) from $3,000 to $40,000
Impact on Marketability
A home with a history of basement flooding or water damage can take significantly longer to sell, increasing carrying costs like mortgage payments, taxes, and maintenance. This delay can also lead to a lower final sale price as buyers perceive the property as a higher-risk investment. The diminished customer base and longer selling time can translate to financial losses that far exceed the cost of professional waterproofing.
