Hello World! Welcome Friends! The US housing market is soaring, and according to Forbes, the trend may continue until mid-2023. As it stands now, the average cost of a house in the US is $348,079. That is a lot of money to part with, making it a good idea to be proactive about keeping a property in excellent condition. Unfortunately, sometimes, things do not work out as planned, resulting in expensive damage to these properties. Below are a few of the causes worth knowing.
Lack of Preventive Home Maintenance
It is unfortunate to skip preventive maintenance because it helps avert extensive damage. For example, damage to the roof can easily be missed unless there are regular and intentional inspections and maintenance to spot the issues early. Fortunately, some people carry out annual roof inspections and use the opportunity to repair early signs of deterioration. The roof is only one part of the house where preventive home maintenance benefits. It can be done for flooring, windows, basements, attics, walls, foundations, and so on. Failure to pay attention to these areas can result in expensive damages. For example, overlooked foundation problems can lead to water damage in the basement and walls of your house. It can also cause a shift from the correct position of your windows and doors. This type of damage usually costs $5000 to $30,000 to repair. It can be more depending on the severity of the damage.
Extreme Weather Conditions
Indeed, you have no control over weather patterns. However, you can protect your house from damage to some extent. News reports indicate that extreme weather conditions across the US resulted in over $56 billion in damages last year. Many lost their homes, while others underwent lengthy compensation processes. Hail, snowstorms, and hurricanes are examples of extreme weather that caused havoc in the United States. Undoubtedly, such damages could also lead to psychological, physical, social, and economic repercussions that cannot be overlooked.
Some preemptive measures homeowners can take to protect their properties include installing hurricane resistant windows, storm doors, reinforced roofing, and cutting trees that pose real risks to nearby homes. Thankfully, US media makes it a point to disseminate information about pending extreme weather patterns. This gives you ample time to board up your home or seek shelter from the danger extreme weather poses to lives and property.
DIY Electrical Projects
Did you know that DIY electrical projects cause 140,000 fires each year? This could cost over a billion dollars in damage across the United States. Unfortunately, in most cases, the primary home where such projects are undertaken are razed to the ground. Nothing can be salvaged. Electrical projects are not to be treated as DIY. Ideally, licensed electricians are the right experts to rely on for such projects. In a bid to cut down on labor costs, people take up these DIY electrical projects in their homes and end up causing extensive damage to lives and property. Therefore, extreme precautions are required in situations where you can avoid them.
Click the links below for any posts you have missed:
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[…] 3 Common Causes of Home Property Damage […]