Cost to Repair Basement Leak

Repair Basement Leak

Is it worth it to waterproof your Royal Oak basement?

Can you earn a return on your Royal Oak home investment is an important question with many home improvement projects and repairs. You want to get the best bang for your buck. Home improvements don’t come cheap. So the question is waterproofing your basement worth it?

Fixing a leak can be a simple repair costing a few hundred dollars. However, if you notice the water, it’s most likely much more extensive than you think and you should plan on investing thousands of dollars to get the job done right for the future value of your home.

First, you should ask yourself the following questions: Does your finished basement have seepage? Does water seem to find a way in, and are you wondering if you need to shore up the foundation?

Basement waterproofing is a valuable home repair may people don’t think about. The return on investment for can vary greatly, depending on the size of your Royal Oak home and the extent of the waterproofing process your home must undertake. However, most experts usually agree that this is a home repair of value and is worth the expense. Unlike kitchen upgrades, new appliances, or paint and wallpaper, trends won’t affect your outcome. Basement waterproofing methods have changed slowly over the years. Chances are you’re not likely to see your waterproofing job become less fashionable in a few years, no matter how you executed it.

The first action a homeowner should try are simple solutions such as keeping gutters free of debris; downspouts are moving water 20 to 30 feet from the foundation and the property slopes away from the foundation. If you decide to retain a contractor, review posts on an independent online site to gage local consumers’ experiences. Look for contractors who are members of the Basement Health Association, a trade organization that offers certification and continuing education.

What to Expect with Basement Waterproofing

Consider waterproofing as protection on your home investment. A wet, damp basement is going to decrease interest and even the value of your home when it is time to sell. An out-of-date kitchen or bathroom doesn’t do much to increase your home’s value, however a leaky basement creates some valid concerns. Standing water or black mold that goes far beyond practical or aesthetic concerns.

It is important to do the job right. This is why the professionals at SAS are the best option. A poorly waterproofed basement will be much more trouble than it’s worth, even compared to the hassle of waterproofing. Plus, any property in your basement could be subject to loss that probably will not be covered by your home insurance. 

And if your basement shows any signs of visible water damage when you put it up on the market, you can forget about selling for the market high. During an inspection, a good inspector will warn the potential buyers of any water damage they see. Your prospective buyers could insist you either waterproof the basement or reduce your sale price. One way or another, you will pay out of pocket and/or doing the work on the deadline. 

What’s the Return On Investment (ROI)?

As a general rule, you can expect a direct return on your investment of about 30 percent from a basement waterproofing job. This is an excellent ROI value in addition to the many benefits it confers on your home. 

The cost of basement waterproofing truly depends on what you have done to your basement. Sealants or full outside excavation. These basement solutions can cost $5000 to $50,000 or more.

At SAS we recommend you check references and make sure that the company you hire is properly licensed, insured and bonded. Beware of a prospective contractor who repeatedly offers to lower the estimated price. Also, know that waterproofing work is calculated by the linear foot. Be sure to get all relevant details, including price, in writing before any money changes hands. Understand what type of waterproofing warranty the company offers on its work and what it specifically covers. SAS is a top professional waterproofing company when you want to do it right.