Do you have problems with water constantly accumulating in your basement? The first question you said to yourself is probably, “How much will it cost to fix my water damage?” This blog post will answer cost of tanking a basement for you and give a range of possible prices that you can expect.
What is the Average Cost of Tanking a Basement?
The cost of having the basement waterproofed varies from house to house, but the average cost is around $3,000-$6,000. The cost of the waterproofing will vary based on your geographical location and where you live. In some areas of the country, tanking is affordable, while in others it can be very expensive. A contractor will be the best person to ask about how much it is going to cost in your specific location.
There are several factors that affect how much tanking your basement is going to cost, such as:
The size of your home and whether or not you want the whole basement waterproofed or just part of it. The size of the basement that needs waterproofing will affect the cost significantly, with smaller basements costing less than bigger ones.
The age of your home. The earlier the home was built, the more likely it is that the basement has water damage. More modern homes are less likely to have water damage in the basement.
How much water has accumulated in your basement? The condition of your basement before waterproofing will determine how much money you will spend on fixing it. If it is just mildew and mildew stains, then a contractor would charge you less than if it is extensive mold growth or rot.
How much your basement has been used? If your basement is not being used much, then you can expect that the cost of waterproofing it will be lower. On the other hand, if your home is only one person living in it, then that person would probably prefer to just pay a contractor to retrieve their possessions and leave the home dry during construction.
The condition of the flooring in your basement. The flooring in most basements is made of concrete or carpet. The flooring will have to be removed, caulked and replaced in order to waterproof the home.
Whether or not you live in a climate that is prone to hurricanes, flooding or severe winters. Your home may be made of concrete, but if it is being flooded more than one time during a year, then chances are that your basement is going to be affected by water damage. Flooding will cost more than just having a simple waterproofing done on your basement.
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