A basement is an essential part of a home, serving as a storage space, workshop, or even a living area. However, a basement is also susceptible to water damage, which can be devastating for the structure and contents of a home. That’s why basement waterproofing is crucial for ensuring the safety and longevity of a home.
The cost of basement waterproofing varies, depending on various factors such as the type of waterproofing method, the size of the basement, and so on. In this article, we will discuss the average cost of basement waterproofing and cost-saving strategies to help homeowners make an informed decision.
Basement waterproofing preferences
It is important to understand that basement waterproofing is a significant investment, and the cost will depend on what the homeowner wants such as:
- type of waterproofing method
- the size of the basement
- the complexity of the problem
- the cost of labor,
- the specific needs of the homeowner.
For example, a homeowner who wants to waterproof the exterior of their basement will likely pay more than a homeowner who wants to waterproof the interior of their basement. Additionally, a homeowner who wants to waterproof their entire basement will likely pay more than a homeowner who only wants to waterproof a portion of their basement.
However, by considering the factors that affect the cost, homeowners can make an informed decision on waterproofing their basements and protecting their investment.
Basement Waterproofing Methods and Their Average Cost
The are many ways of waterproofing your basement, but here are just a few and a rough estimate of the average cost for each type of waterproofing method.
Sealing cracks on the exterior foundation wall
Sealing cracks in the exterior of your above-ground foundation wall is an important step in waterproofing your home and protecting its structural integrity. The number of cracks you have will play a big role in determining the cost and duration of the project. On average, sealing cracks all around the foundation of a house typically takes two days and costs around $2,800.
Rebuilding the concrete around your exterior wall
Redoing the concrete around the exterior of a home on the foundation typically takes 5 to 7 days and can cost anywhere from $7,000 to $9,800. The exact cost will depend on the size of the foundation, the cost of materials, and the cost of labor.
It is important to have a professional contractor assess the situation and provide a quote for redoing the concrete around the exterior of the foundation. A professional contractor will have the experience and knowledge to properly redo the concrete and ensure the job is done correctly.
Installing Vapor Barriers
Installing a vapor barrier is another way of ensuring proper waterproofing in your basement. If you are installing the vapor barrier on the bottom of the wall, it is important to properly prepare the surface. This involves cutting out the drywall along the bottom of the wall and removing any debris before installing the vapor barrier. Once the barrier is in place, you will need to reinstall new drywall, spackle, and paint the walls. The entire process can take anywhere from 7 to 10 days and is typically priced between $9,800 and $14,000.
Installing New Sump Pumps
Installing a new sump pump is an effective solution for improving the waterproofing of your basement. A sump pump is designed to collect and remove accumulated water in the sump basin, thereby preventing water damage to your home. The cost of installing a new sump pump can range from $1,400 to $2,800, but this is just a rough estimate and may vary depending on the specific details of your project. Factors such as the type of pump, the size of your basement, and the complexity of the installation can all impact the cost.
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