Owning a property with mold is a significant issue for homeowners. Mold remediation and repairs are extensive and extremely costly. On average, professional mold removal costs $500 to $6,000 – but the price can soar into the tens of thousands if the problem is severe. In 2017, Americans spent on average $2,231 on repairing their property after mold had been found.
Get an Inspection
Since mold has been found to cause severe injury to a persons’ health, it is not a problem that average homeowners can remedy themselves. Mold will grow in places with extreme moisture, such as around leaks in roofs, windows, or pipes or where there has been any flooding. Most types of mold grow well on paper products, cardboard, ceiling tiles, and wood products. Mold can also develop in dust, paints, wallpaper, insulation, drywall, carpet, fabric, and upholstery.
Because of the speed at which mold can grow and the fact that it often is hidden from eyesight, licensed professionals are recommended for both removal and repair. A standard site visit from a qualified inspector is $200 to $600, and it is possible they will open walls to find the source of the mold. Air samples are likely to be taken as well, and they are not cheap. Depending on the lab, one sample can range from $30 to $150, and most inspectors take 3 to 5 samples per affected area.
Fix the root cause
Though the actual removal of mold is a high priority, it is not the only costly procedure that must be resolved when dealing with mold. Mold is the result, but the cause must be determined, or the mold will grow back. Likely sources of the unwanted water are leaky windows and excessive humidity within a room – usually the bathroom, kitchen, or basement.
An older, leaky roof is the most common source of unwanted water in a home, and roofing repairs aren’t cheap. Most of the time the cost to replace the roof is less than the cost of repair. The national average for roof repairs in the last decade ranged from $800 - $1,100.
Mold is an incredibly severe, potentially disastrous, issue and 99% of the time will stop the sale of a home. However, it doesn’t have to be a problem – not if you call us.
We buy houses in any condition – even with light to extensive mold damage. We have trained and licensed professionals on our team who can fix these issues, and it doesn't cost the seller a dime. We will handle all structural and cosmetic damage done and regardless of the condition of your property, you can to pick up the cash for your house within a week of calling us.