Water damage can occur in homes for many reasons, including natural disasters, burst pipes, or leaks. The best way to deal with the damage is to contact a restoration company as soon as possible to fix the damage.
However, you may wonder how much the entire restoration process will cost. Generally, water damage restoration can cost you around $1400 to $5,900 on average.
But this price can vary depending on factors like the location of the damage, type of water, and other factors, which we will discuss in the blog. Read it to know how much a water emergency can cost.
Factors Affecting the Cost of Water Damage Restoration
1. Location Of the Damage
The area where the damage is concentrated impacts the overall restoration cost. Here is a quick breakdown of how much you’ll pay for fixing water damage in different parts of your home.
It’ll cost you around $800 to $1500 to fix water damage on your roof, depending on the extent of the damage. It’ll cost less to repair broken shingles compared to problems with your property’s structural integrity.
⇒ Hardwood and Floor
Floors, especially carpeted and hardwood ones, are severely affected by water damage. The damage can even destroy the entire flooring, so you can expect to pay $200 to 500 to fix the issue.
The average cost for drywall repair is $545. But the cost can go as high as $850.
Water damage to your ceiling is a serious issue that can affect the structural integrity of your place. It costs $350 to 1200 for ceiling repairs, depending on the extent of the damage.
Basements are the areas most affected by water damage. The cost of basement water damage restoration can vary a lot from $500 for fixing small leaks to up to $75,000 for removing standing sewage water.
2. Type of Water
Another factor that influences the water damage restoration cost is the type of water from the damage. The water is divided into three categories based on the amount of contaminants they contain.
Clean water is the least contaminated and doesn’t contain any bacteria or fecal material. Drying clean water costs $3 to $4 per square foot. Then, there is gray water, which includes water containing detergents and other chemical agents.
Repairing damage from gray water and drying the area costs $4 to 6.5 per square foot. Lastly, the term ‘black water’ is used for water that is infected with sewage materials and poses a huge health risk. Experts charge around $7 to 7.5 for fixing black water damage.
3. Extent of Damage
Experts divide the extent of damage into four classes with increasing cost of restoration and severity of damage.
Class 1 water damage is the easiest to fix. It can cost around $150 to 400, but not more than that, as just a single portion of the room is affected. Skilled DIYers can repair water damage by themselves if it’s class 1 damage.
Class 2 damage indicates damage to the entire room, including the walls. Class 2 water damage restoration costs range from $500 to $1000, as it requires professional attention to protect your floors.
In class 3 water damage, water gets inside every part of the room (or multiple rooms.) Water can get into ceilings, floors, and even walls. Here, there is structural damage to your property, and the cost can go as high as $1000 to $3000.
Class 4 water damage is the worst-case scenario. The cost is in the range of $20,000 as the damage occurs due to natural causes, and water soaks bricks, stone, and floors and spreads throughout the house.
4. Mold Restoration and Removal
Allergies caused by mold growth are a common water damage health risk. Mold growth can start just within 24 to 48 hours of water damage. The average mold restoration and removal cost is $2500, with prices going as high as $4000. The high cost is due to the time mold restoration consumes and the risks involved.
The average cost of water damage restoration is around $3500. But the price can vary greatly depending on factors like the location of the damage, the type of water, the severity of the damage, and services like mold removal.