Waterproofing your basement may not come cheap, but it will save you a lot of money in the long run. When your basement floods, you're facing potential property damage. but a host of other problems can arise and quickly deplete your bank account. Even though you?ll be paying money right away to water proof your basement, it is a long-term investment that will save you a lot of money and stress in the future. Here are some ways waterproofing your basement can save you money over time.
Less Health IssuesLeaky basements are the perfect breeding ground for mold to grow in. If your basement is infested with mold, the air will be filled with its spores and can cause serious health issues. Keeping your basement dry and water-free can help keep mold from growing. Mold can also cause throat irritation, coughing, wheezing, eye irritation and skin irritation. People who suffer from allergies or asthma can be hit hard by mold growth, so you want to be sure to keep your basement mold free.
Lower Energy CostWaterproofing your basement will effectively seal off the foundation of your home. This means less heat will escape your basement during the colder months and the colder air will stay put in the hotter months. This can save you a lot of money over time on your electric bill by giving your heater and air conditioner a break.
Insurance Policy DiscountMany insurance companies offer lower rates for customers that have their basement waterproofed. Waterproofing will help prevent leaks and damage to the property. This saves the insurance company money due to a lower chance of flooding and also saves you money with your policy as well!
Less Property DamageA basement that is not waterproofed is a disaster waiting to happen. Leaks and seepage can cause serious structural problems such as cracks to appear. This can cost a fortune to repair properly. Not only will you have the structural damage to repair, the cost of replacing any personal belongings, damaged pipes and removing the water out of the basement will put a serious dent in your bank account.
Waterproofing Can Increase the Value of Your HomeWith your basement waterproofed, you can convert it into a den, an office space or even a game room. These extra additions along with the waterproofing can boost the value of your home. Plus it gives you extra room to entertain guests or just to have a space for yourself. Knowing that your basement is moisture-free will allow you to use the basement for whatever you want and will give you the peace of mind you need.
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