Residents of Augusta, and the general metropolitan area of Georgia, is proudly seeing economic growth at a rate of about a third faster than the nation as a whole. That means housing purchases and renting are on the rise, which also means that if you’re looking to put your house on the market, you want to make sure your home is in as good a condition as possible. Water damage restoration may seem like a hassle, but it is always worth it. Regarding property value, restoration projects in your home can save anywhere from hundreds to hundreds of thousands of dollars in the long run. Here are 3 ways unmanaged water damage lowers the property value of your house:
Mold
Mold can begin to grow within 48 hours of initial water damage. Because of its short gestation period, it also spreads relatively quickly. Once mold grows, it can also remain dormant until it becomes moistened again, which makes getting rid of old mold on your own incredibly difficult. Black mold can be incredibly dangerous, especially for those who are elderly or have pre-existing conditions. Depending on the severity and extent of the spread, mold of any kind can reduce property value by up to half.
Shows Potentially Faulty Pipes
A burst or aggressively leaking pipe may be an isolated incident in your home, but all anyone is going to see is that your pipes may not be in the best condition. An entire pipe replacement project in a home can cost thousands or tens of thousands of dollars, depending on the extent of the damage. So if you have a leaking pipe that you know is a minor issue, it’s important to mitigate the issue as fast as possible, so the damage is minor and the costs remain low.
Dangerous Electrical System
Unless a professional with specialized training manages the damage done to your outlets and electronics, you could be in serious danger any time you try to plug an electronic into a socket. Even if you think you’ve waited long enough before plugging anything in, the outlet itself could still be shorted out, with electricity still running through the wires connected to the outlet. Faulty electricity channels should never be tampered with, and you should be sure to contact professional water mitigation teams instead.
If you think your house might potentially suffer from any of these property value-decreasing situations, be sure to contact your local water damage restoration company for advice and intervention.
Southeast Restoration is a water damage restoration service company located in Augusta, Georgia. With over 130 years of combined experience in the industry, our water damage restoration experts offer a myriad of different services, including water mitigation, structural repairs, construction, mold remediation, and storm damage repair. Since 1999, the full-service licensed damage restorer and general contractor has garnered an IICRC certification, a BBB accreditation, and has amassed over 3,000 reviews with a 95% positive rating. This is maintained by training and certifying their experts in the most advanced remediation techniques and procedures, as well as equipping them with advanced industry technology. Their quality customer and cleanup services include providing emergency service response 24 hours a day, 7 days a week, and immediate dispatch of a team of certified technicians to determine the best plan for your property, to begin the water extraction process as soon as possible. Our company manages seven different locations that proudly serve North and Central Georgia, as well as areas of Alabama, Tennessee, and South Carolina.
Water damage to your house is a hassle to take care of on your own. Luckily, you never have to take care of it on your own. By contacting our water damage restoration experts, all you need to worry about is how much to sell your home for once it’s back to its original condition. We’ll take care of everything else.
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