Basement waterproofing isn’t just good for keeping your basement dry—it’s also a smart investment. On average, basement waterproofing nets a 30% ROI (return on investment). Here’s a look at how basement waterproofing can benefit you long-term.
Increased Property Value
Waterproofing your basement is a major home improvement that can increase property value. A higher property value can:
- Give you more equity and borrowing power
- Lower or eliminate your mortgage insurance
- Net a higher asking price if you sell
- Increase rental income
Long story short, the higher the property value, the more financially secure you are in the present and the future. Whether or not you’re looking to sell your home, a higher property value is beneficial.
Protection From Costly Repairs
Quality basement waterproofing costs money, and the sticker shock may tempt you to put it off. When you look at the long-term impact, though, waterproofing your basement now will likely save you money in the future.
As the lowest level of your home, your basement is essential to your property’s structural integrity and overall health. A wet basement, if left unchecked, can cause:
- Foundation damage
- Compromised structural stability
- Mold and mildew growth
- Personal property damage or loss
All in all, you’ll probably pay more due to the fallout from a wet or frequently flooded basement than you will for basement waterproofing. Paying for basement waterproofing today can help you save big in the future.
Lower Home Insurance Premiums
The amount you pay for home insurance is based on the level of risk your insurance company takes on. The more stable and sound your property, the lower the risk to your insurance company.
Since basement waterproofing helps make your home safer and less prone to damage, the level of risk to your insurance company drops. Therefore, your insurance premium will likely be lower as well.
The cost of waterproofing your basement, then, is offset by the decrease in your insurance cost. Investing in a dry basement means saving money on home insurance over time.
Taken together, these factors—increased home value, decreased repair costs, and lower insurance premiums—mean that basement waterproofing is one of the smartest home improvement decisions you can make. A 30% ROI is no small thing, and basement waterproofing can make it happen.
If you are looking for basement waterproofing in Rochester or the region, call BelowDry Basement Waterproofing today. We have over 15 years of experience and we perform all work in-house. Our team is fully licensed and insured and we pride ourselves on offering outstanding waterproofing and exceptional customer service. BelowDry Basement Waterproofing—Solving Your Wet Basement Problem For Good.