Does water damage affect appraisal?

Water damage also affects the appraised value of your home, so if you're thinking about getting the capital built up on your property, you might want to learn more about leaks. Wear and tear can be disguised, but long-term water damage cannot be corrected. Water damage causes all kinds of problems, including mold, infestations, and structural damage. An appraiser is required to look for these signs and their target areas will be the basement and roof.

In addition, the pipes, walls and roof will also be carefully checked for leaks or water damage. Why is water damage so important and why does it need to be repaired before valuation? Mainly because it can damage the structure of the house, but also because mold poisoning is a serious problem and removing mold can cost thousands of dollars. Your current subscription does not provide access to this content. We deliver your weekly printed newspaper and much more If you don't want your newspaper printed If you're having trouble accessing your account or linking your subscription, our Subscription FAQs may have the answer you need.

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There was a problem reporting this. Start with the roof; a damaged roof is a sure way to lose the value of your property, as a damaged roof will indicate leaks, infestation, and so on.