COST OF WATER DAMAGE RESTORATION
Water damage restoration is the process of removing water from a property and restoring it to a pre-loss condition. It is also a major cause of home insurance claims. One in FIFTY insured homes has a water damage restoration cost claim each year according to the Insurance Information Institute. It can be very costly to repair this type of damage caused by weather, storms, leaks, and floods.
This type of damage is conducive to look at and it being left unaddressed leads to the growth of mold. In addition, it can cause home appliances to malfunction and lead to serious issues.
The national average for water damage restoration cost depends greatly on the category of water damage and it ranges from around $1,200 to $5,000, with the average homeowner paying around $3,000 for standard gray water extraction with drying and drywall and ceiling repairs in a bathroom. This project’s low cost is $350 for a simple remediation caused by an overflowing toilet. The high cost is $50,000 for black water extraction in a basement, complete dry out and cleanup, and drywall and hardwood flooring replacement due to a sewer backup.
