Buying A House With Mold In Basement
Homebuying is a stressful process; purchasing a home that has a moldy basement is certainly not going to reduce that stress. Is it worth the headache (both literal and metaphorical) to buy a home with an existing mold problem? Should you walk away now, and look somewhere else? The answers to those questions can only come from you.
buying a house with mold in basement
Acculevel has been repairing foundations and waterproofing basements for decades, and we frequently work with home buyers and sellers. We have an article that details the top 5 questions that buyers and realtors ask.
If you are worried about your dream home getting away and would like to take immediate action, find an experienced and knowledgeable contractor to evaluate the house. Before you meet with a contractor of any kind, we urge you to verify that the company is reputable, insured, and accredited by the Better Business Bureau.
Mold growth is often missed by traditional home inspectors as well unless there are obvious physical signs. This means they will not be able to identify all the problem areas properly, so you could wind up buying a home with severe mold issues. To avoid this issue, it is highly recommended to schedule a professional mold inspection before buying.
Asthma is the most common health issue associated with long-term indoor mold exposure. Adults who live in moldy homes are up to 50 percent more likely to develop asthma. Children are even more likely to develop health issues like asthma and rhinitis.
Serious mold problems need to be treated using special mold-resistant solutions. This can be something as simple as anti-fungal paint, but it may also involve using special seals and chemical solutions. These treatments were rather inconvenient as they restricted you from using your house to its fullest capacity.
Along with personal belongings, mold can damage large sections of a home, like built-in carpeting. You may even need to hire demolition services to remove mold from your home, and this could result in numerous home repairs. This also significantly lowers the value of your property unless it is remediated completely and renovated.
If you have your heart set on buying a particular house and discover it has mold, you have options. A certified mold inspector can identify the problem and present you with a written report estimate based on the scope of necessary work for remediation/removal of mold.
The #1 risk of buying a house with mold is the toxicity to your family. Mold exposure can cause many health issues in humans, especially if there is black mold. While not everyone is affected by mold exposure, those who are could have a severe reaction.
Mold growth usually occurs because of a leak somewhere in the house. For example, if there is mold in the basement, it could be any pipe in the house leaking. This could get expensive and time-consuming to figure out where the problem is and what must be done to fix it. If the problem is complicated, it could affect other areas of the home too.
There are a lot of factors to consider when thinking about buying a house that has mold, and running in the other direction isn't always the best choice. In fact, more often than not, mold problems can be solved. Not only that, the presence of mold can put you in a good negotiating position as a buyer, often resulting in getting a better deal on the house.
For example, seeing mold in an inspection and mitigating it immediately before you move into a house has little to no long-term adverse health effects, but living in a house with extensive mold for decades can. In addition, if you suffer from asthma or autoimmune diseases, the symptoms of mold are much more likely to be present.
So, what are the symptoms of exposure to mold? Coughing, breathing problems and increased severity of asthma are a few of the big ones and should not be taken lightly. In short, if you see mold, get it out as quickly as possible. Identifying where it might live in the home is actually pretty easy. Mold grows in damp areas, so the usual suspects in terms of locations are basements, attics and any other area where water is involved, like under a washing machine or sink. When mold is present in an unusual place where there shouldn't be water, it may indicate a larger current or past issue like flooding from outside the house, or the failure of an appliance that uses water. When considering buying a house with signs of mold, figuring out what caused it is the critical first step.
In general though, mold usually is a dealbreaker when buying a house. It puts a lot of people off from buying a property, since mold usually requires some remedial work that can sometimes be expensive.
Dampness in any home can lead to mold and mildew growth, and in addition to being a health hazard, moldy conditions have the potential to cause rot, structural damage, and premature paint failure. If you're considering buying a home with black mold in the unfinished basement (or the attic and/or crawl space, the two other most common places for mold to be found in homes, as cited by the United States Environmental Protection Agency) then you should also be considering black mold removal cost.
Mold can affect the appraisal value of a home. For some buyers, this is a good thing because it makes a home more affordable. But if you're hoping to move into a home in excellent condition, don't make an offer on a home with mold until you've had an independent appraisal. FHA appraisers, for example, are required not only to note if mold is growing in a home, but also the type of mold and its location. If you find that the mold growing in the home is black mold, there are a few things you should know: toxic black mold can cause permanent damage to your health and in extreme cases has even lead to death.
Before you buy any home, you should have it inspected for mold and other problems. During this inspection, you might learn what caused the mold as well as the black mold removal cost. Sellers also have to disclose if there is an ongoing mold problem in the house or if it has previously flooded, but they don't always do so. Never take a seller's or real estate agent's word about the presence of mold. Even if you're getting a steep discount, get an inspection. The cost of removing the mold could be greater than your savings.
To properly remediate mold (and make sure it doesn't come back), you'll need to hire a mold remediation specialist. A mold remediation specialist will remediate the basement while making sure mold spores do not get into the heating and cooling system, which would otherwise get recirculated throughout the home, continuing to make occupants sick even once the basement itself has been cleaned.
So what does black mold removal cost? It's not quite a cut-and-dry answer. The level of infestation directly affects the black mold removal cost. The black mold removal cost of an unfinished basement can really vary. It could be as little as $500 or as high as $4,000 depending on the scope and size - AKA how much mold is present and how much area it covers. If the attic and ducts are involved, the cost for those generally ranges from $2,000 to $6,000. If the home has recently been flooded and the mold is all throughout it, there is much more that has to be done. This could drive a remediation cost up to $10,000 - $30,000, or higher, depending on the size of the home.
If you're buying a home with mold in it, know upfront that the mold is a pre-existing condition that insurances won't cover. You should also note the moisture/water problem that caused the mold to grow in the first place and consider if it is likely to happen again. Is the problem a leaky pipe that will leak again until it's fixed? Is the basement prone to flooding? If you're concerned about mold sneaking back in after remediation, make sure you get something that will cover at least part of the remediation cost if you live in a flood zone.
The absence of proper attic ventilation fosters mold growth by allowing moisture from the lower levels of the home to rise and become trapped in the attic. Dryer vents, plumbing vents, kitchen, and bathroom fans exhausted into the attic amplify the problem by constantly pumping warm, moist air into a confined space with no attic ventilation system. Attic moisture issues most commonly stem from a lack of:
When it comes to black mold removal cost, there's no right answer for whether or not you should buy a home with mold in the unfinished basement, or anywhere else for that matter. Your primary guidelines should be your health, the health of your loved ones, your home buying budget, and how soon you need to move in. For example, if you or your children have allergies and there's a lot of mold in the basement, it's not wise to buy it if you need to move in immediately. However, if you have the time and money to get rid of the mold, buying a home with mold in it can save you money - especially if the home is appraised lower because of the mold.
As a homebuyer, what are you supposed to do if you love a house but notice a black spot on the wall? Or if the inspector uncovers a mold-related issue during the inspection? And can you even sell a house with mold?
Common symptoms and health risks associated with mold include, according to the Rhode Island Department of Health, itching, watery eyes, sneezing, coughing, runny nose, headaches, and difficulty breathing. You could also be more at risk for adverse effects from mold if you have an existing respiratory condition, such as asthma.
A wet roof can lead to moss, which could then lead to mold if left unattended. Your roof is there to protect the rest of your house, but any growth on the roof from moss or algae can allow mold to grow and get inside the home.
Pipes can and most likely will eventually leak. These leaks can occur throughout the house, including within walls or ceilings. If pipes are hidden, the best way to find a leak and potential mold growth is by looking for water spots. Keep in mind, it can get expensive (up to $15,000 or more) to replumb a house. 041b061a72