For most people, a home is one of the most valuable assets they'll ever own. Unfortunately, there are some major perils that can befall a house and put a serious dent in the value of that asset. Many of these perils are much more insidious than a fire or natural disaster. Read on to learn about some of the most expensive damage that can occur in your home, how much it costs and how to avoid it.
Water Damage:
If your home isn't water tight, this isn't something you can ignore. Beyond the possibility of mold, long-term water damage can cause rot, which can lead to all kinds of expensive repairs to the structure of your home. It's difficult to estimate the cost of this type of repair, but it can easily run into the thousands depending on how much wood needs to be replaced and how intrusive the repairs are.
How to prevent it: Be vigilant about water damage in your home; if you find leaks or areas that tend to be damp, have them repaired before long-term damage occurs. If you find rotten wood in your home, repair the problem before it gets out of hand.
For most people, a home is one of the most valuable assets they'll ever own. Unfortunately, there are some major perils that can befall a house and put a serious dent in the value of that asset. Many of these perils are much more insidious than a fire or natural disaster. Read on to learn about some of the most expensive damage that can occur in your home, how much it costs and how to avoid it.
Water Damage:
If your home isn't water tight, this isn't something you can ignore. Beyond the possibility of mold, long-term water damage can cause rot, which can lead to all kinds of expensive repairs to the structure of your home. It's difficult to estimate the cost of this type of repair, but it can easily run into the thousands depending on how much wood needs to be replaced and how intrusive the repairs are.
How to prevent it: Be vigilant about water damage in your home; if you find leaks or areas that tend to be damp, have them repaired before long-term damage occurs. If you find rotten wood in your home, repair the problem before it gets out of hand.