Water damage can be extremely costly. In fact, one study shows that in 2014, the average cost of water damage repair is roughly $11 per square foot. So, if you have a 500 square-foot basement, you could be looking at at least $5,000 for restoration. That is reason enough to invest in waterproofing interior basement walls.
Even if you have a basement sump pump, a French drain system, or even a battery backup sump pump, there is no substitute for waterproofing interior basement walls, as well as exterior ones. The reason for this is that if your basement leaks when it rains, the water that seeps into your basement can cause serious damage to your electronics, your carpeting, and also the structure and foundation of your home — even before you can pump it out.
Subsequently, waterproofing may be your best first line of defense against water damage.
Here are a few benefits of basement waterproofing:
The water that leaks through the cracks in your foundation and into your basement can also bring in cold air. As a result, your heater will have to work extra hard during the cold season to heat your home. You could simply remove the excess ice or snow surrounding your foundation, but that won’t necessarily stop the water from seeping in through the soil. In the summer time, water leaks can add extra moisture to your house, making it hard for your air conditioner to battle the increased humidity. Ultimately, you will be saving money on energy bills if you waterproof the basement.
Even small amounts of water that trickle into your basement can be detrimental to your health. When water and moisture are allowed to fester on drywall or wooden beams, mold can form within 24 or 48 hours. Many different types of mold can be toxic, such as black mold, and in some cases, it can be deadly. A few of the main symptoms that stem from mold exposure include asthma, allergic reactions, and trouble breathing.
A basement is a perk that many home buyers look for during their search for the perfect home. You could significantly up the value and appeal of your home by waterproofing the basement. It will be considered a safe, usable space, and often times, homeowners don’t realize that the basement is usually a large chunk of their home’s total square footage. A huge water tight basement could essentially be a great selling point.
So, consider waterproofing interior basement walls, and repairing any cracks in your foundation. Other than a sump pump, it will be the best way to save your home from thousands of dollars worth of damage, and deadly heath conditions.