If you find mold growing in your home, never ignore it.
Left unattended, a mold infestation in your home can lead to high mold remediation cost and damage the value of your home.
The best thing you can do is either attempt to remove it if the area is small enough (but do your research first and protect yourself) or hire a reputable company to conduct mold removal professionally.
When it comes to mold removal costs, I’m no stranger both professionally and personally.
I have been in multiple situations where homeowners ignored a small leak in a bathroom, that leak around the bedroom window each time it rains, or even a leaky dishwasher.
In all these cases, homeowners could have avoided paying high mold remediation costs just by taking a few simple steps.
On the other hand, I’ve also seen where clients avoid paying high costs when they act quickly to fix the issue as soon as they notice it or hire a professional to fix the issue.
So, What is The Average Cost Of Mold Remediation?
Well, it can be confusing and depends on some factors like the amount of mold infestation, location in your home, and of course the contractor you select to do the work.
On average mold remediation can cost roughly between $600 and $3,000.
In some cases, the cost can get even larger if the infestation is over 100 square feet and affects many different areas in your home.
One thing often overlooked when talking about mold remediation cost is if the area needs to be dried out to avoid more mold growth.
The building dry-out process can take anywhere from 24 -72 hours depending on the size of the area.
This process alone can cause the bill to increase between $200 – $500 easily.
Also, keep in mind this cost is for the removal/remediation process only and in most cases does not include replacing the moldy items removed from your home.
That also can be an added cost.
Many mold remediation companies offer restoration services where they will remediate and repair the affected areas in your home.
One of the reasons for the high cost for the remediation process is because of the safety measures that need to be in place to protect the worker, you and your family while the remediation is in place.
Also, contractors have to pay high insurance premium costs for mold remediation professionals.
Mold Remediation Costs Example
Here is a typical breakdown of potential mold remediation costs for different areas of your home:
- Attic $800 – $3,500
- Basement $600 – $3,000
- Crawl space $500- $2,000
- Bathrooms $500 – $1,500
- Common Rooms $500 – 1000
This is recent data gathered from Home Advisor.
Just keep this in mind, always shop around for a reputable mold remediation contractor who has the proper credentials, trained employees, and carry the correct insurance policies.
Also, try to select about three contractors to provide estimates.
Asking multiple contractors to provide estimates will ensure you get the best service at a competitive price.
Is every Mold Remediation covered by insurance?
Many homeowners forget about their Homeowner’s Insurance Policies when a leak or water damage occurs resulting in microbial or mold growth.
Reviewing your insurance policy is an excellent first step in finding a successful and low-cost resolution.
Your insurance policy will identify under what circumstances the water damage and the resulting mold growth are covered or excluded.
Some policies provide additional coverage for “Limited Mold, Fungi, Wet or Dry Rot” in which case mold remediation would be covered up to a certain limit.
Standard insurance policies generally cover mold or moisture damage when the growth is caused by a covered peril.
Covered Peril could include but is not limited to water damage, fire smoke, windstorm, hail, falling objects, vandalism things along those lines.