Foundation waterproofing involves applying waterproof membranes, coatings, and other materials to a building’s foundation to prevent water from entering. This prevents water from coming into the basement. Foundation waterproofing helps reduce moisture buildup, mold, and water damage. Yes, the upfront costs are high, especially for exterior solutions, which makes homeowners think twice before pursuing foundation waterproofing.
Factors That Determine Foundation Waterproofing For Interior Solutions
If you are looking to protect your home’s structure by preventing water from entering the foundation, then waterproofing is the best available solution. It helps reduce issues like moisture buildup, mold growth, and structural cracks. Additional benefits include reduced pest infestation and increased property value. Yes, waterproofing costs are high, but the value for money is tremendous in the long run.
Let’s study a few factors that are vital to determine interior waterproofing:
- Type Of Foundation
The type of foundation includes important factors like project complexity, labor, and materials. The average cost for interior waterproofing is $3000, but specialized materials, project delays, and increased labor can drive up the overall price.
- Severity Of Damage
Sump pumps are an integral part of interior waterproofing, as they collect the water that enters the basement and pump it away. The total cost, including the installation, is between $1500-$3500, depending on the severity of the damage.
- Total Area Size
Baseboard drainage channels are used in interior waterproofing and cost between $40 and $100 per linear foot. Depending on the total area size, you will have to shell out extra cash for an increased number of baseboard drainage channels.
Factors That Determine Foundation Waterproofing For Exterior Solutions
The average cost for exterior waterproofing solutions is $7000, and the prices can increase depending on your location and project complexity. Additional factors, like the quality of waterproofing, come into play as well.
Factors that affect the prices for exterior waterproofing:
- Local Labor Rates
Wages and contractor rates differ according to the geographic location. If you are living in NYC, then expect to pay higher prices compared to other cities. The average price of exterior waterproofing is $7000, but it can increase or decrease according to labor rates and complexity.
- Project Complexity
If your project requires extra work and labor and has issues like accessibility, expect to pay higher prices. More effort from the contractor and their team means a significant price increase to the overall cost.
- Amount Of Repairs For Existing Damage
Significant existing damage means more work for the contractor and their team, which can increase prices. For example, if the agreed price is $1500, then additional repair work can bump up the overall cost to $2000.
Why Foundation Waterproofing Is Important Even If The Prices Are High
There are a few projects that have to be completed for maintaining the structural integrity of your property, and waterproofing is one of them. No homeowner wants consistent water in their basement or damage to the foundations of their property. This can ruin property value and aesthetics, and your property might not be standing for a long time.
A few factors that make foundation waterproofing important:
- Improved Air Quality
Foundation waterproofing reduces mold growth and moisture buildup, which results in improved air quality. Additional benefits include reduced airborne allergens, and this leads to a fresh indoor environment that is beneficial for your health.
- Protects Property Value
Foundation waterproofing helps you avoid structural damage from water, and potential homebuyers are not interested in a damaged property. In fact, it is a huge red flag and results in low rates and customers.
- Reduced Energy Bills
Foundation waterproofing reduces the workload of your HVAC unit as it slows down the process of escaping air. Your system does not have to put in an extra shift, and this results in reduced energy bills in the long run.
Conclusion
There is no fixed cost for interior and exterior waterproofing. Exterior waterproofing projects have an average cost of $7000, and interior waterproofing projects cost $3000. Factors like your location, project complexity, and the number of repairs can increase or decrease the price accordingly. There are DIY solutions available, but you will need specialized equipment and a lot of time to get the desired results.
FAQs
What are a few factors that determine the price of interior waterproofing projects?
Severity of damage, type of foundation, and total area size are a few factors that determine the overall cost of interior waterproofing projects.
Is there an average cost for exterior waterproofing projects?
Yes, the average cost for exterior waterproofing projects is $7000, but it can change depending on project complexity and your location.
Are there any DIY solutions for foundation waterproofing?
Yes, there are DIY solutions available for foundation waterproofing, but for extensive work, professional help is highly recommended.
