Waterproofing and Your Home’s Property Value

Making upgrades to your home can seem endless. New furniture, paint, decor; as soon as you are done with one project another area has gone out of style or become worn down. These are of course, just the updates you can easily see need doing. Some of the most important upgrades you can make to your home are behind the decorative paint and underneath the fancy new flooring. 

A project every homeowner needs to bump up their project priority list is basement waterproofing. Basements are infamous for experiencing moisture problems when not properly dealt with. Water can surround the walls and easily come inside and begin to wreak havoc. Any DIY upgrades you attempt in a non-waterproofed basement, such as hanging drywall or laying down flooring will quickly develop mold and mildew and spread throughout the room.

When it comes to waterproofing your basement, the benefits surpass just damaging the finished look of your basement over time and the reduced opportunity for mold, meaning better quality air, and the decreased risk of allergies and respiratory ailments.  Waterproofing your basement can be a great way to increase the property value of your home.

There are a few different factors involved; regional precipitation levels, project scope and level of repairs/upgrades done, but it is estimated in North America that a homeowner can expect anywhere from a 30%-50% ROI on their Waterproofing projects. For example sake – if a project were to cost $2500 in a higher rain/snow region, they could expect to see their home value increase by $3750 post completion.

There are also energy cost savings associated with Waterproofing. A damp basement requires exponentially more energy to heat up in the winter. It will also help moderate the temperature – keeping a consistently comfortable living space and a lighter energy bill each month.

Basement upgrades are ranked right up there with kitchen and bath remodeling in terms of improving resale value. Taking in the health benefits and ongoing energy savings it is a no-brainer why every homeowner with a basement needs to consider pre-emptive and reparative waterproofing.