Flood damage happens to more homes than you might realize. All it takes is one burst pipe or faulty appliance and you could fill your home with water in a matter of minutes. If you don’t turn off the main water valve in time, your home could suffer expensive flood damage. Keep reading to learn more about flood damage cost estimates.
Other common causes of water damage would be a nasty hurricane or rainstorm causing damage to your roof and forcing water to leak through it. If enough water gets through, it could flood your home significantly. If you have experienced flood damage, give us a call 24/7! (888) 219-6890
The flood damage cost estimates depend on the cause and severity of the damage. The average flood damage incident costs homeowners between $2,000 and $5,000. The minimum cost you can expect to pay is $1,000, while the maximum cost is $8,000.
Let’s break down these expenses further.
Below are the five most common expenses associated with flood damage cost estimates
Most walls and ceilings are constructed with a specific type of plasterboard called drywall. When the drywall suffers water damage, it will cost about $250 to repair every four square feet of plaster. This expense can add up quickly if you have a big room with a lot of water damage.
Mold loves wet and moist areas. Unfortunately, flooding will attract mold and cause it to grow in your home. So not only will you have to pay for water damage repair, but you’ll also have to pay for mold removal and mold damage repairs as well.
Mold remediation cost estimates are $1,500 per 200 square feet of wall and ceiling space. If your furniture or cabinetry suffered mold damage, you would likely have to pay to replace them.
Flooring suffers the most damage from flooding. It makes sense because the flooring is where the flood water accumulates. There is no way to repair your flooring after it has suffered flood damage. All you can do is replace it.
Vinyl floor replacement costs about $1,000 per 200 square feet. So if you have wood flooring damage, it will cost between $8 and $50 per square foot. That means 200 square feet of wood flooring damage would cost between $1,600 and $10,000. In most cases, the cost will be on the lower end of this range.
Most interior doors are made of wood. Flood water will cause the wood to rot and suffer permanent damage. It will cost you between $450 and $500 to replace one wood door in your home. If multiple doors suffered flood damage, the expenses would add up fast.
Did a cracked or burst pipe cause the flooding? If so, you can expect to pay a plumber between $500 and $1,000 to solder the damage in the pipe. If the damage is too severe, then a whole new pipe will need to be installed. That has the potential to cost several thousand dollars.
If you have experienced flood damage, give us a call 24/7! (888) 219-6890