The Long-Term Cost of Mold Damage
It’s said, ‘where there is water, there is mold.’ And we couldn’t agree more. The cost of repairing property associated with mold damage is around $73 billion in the US. That’s huge! However, this cost can be reduced significantly if property owners act fast and treat mold growth as an emergency. Unfortunately, many people don’t understand the long-term cost of mold damage and its consequences. In today’s post, we’ll focus on that and help you understand how mold can damage your health and property, costing you big time.
What is the Long-Term Cost of Mold Damage?
As mentioned above, mold growth can cost your health and property in the long term if it is not removed immediately. Did you know that it takes less than 42 to 72 hours for mold spores to grow and spread around your property after water damage?
Even if it continues to linger around your home for a week or so, it can lead to serious damages. Let’s take a deeper dive to understand the long-term cost of mold infestation to your health and property individually:
Health Damage Due to Mold Presence
Mold infestation can quickly lower the indoor air quality of your home. These spores can trigger upper respiratory tract symptoms and illness in both adults and children when inhaled. Moreover, if you have asthma, mold presence can aggravate this condition, flaring up the symptoms and causing difficulty breathing. Put simply, in large quantities, mold spores can cause ill health in anyone, especially in those who already have asthma.
Studies show that the total cost to society due to mold infestation is:
- $3.7 billion for allergic rhinitis,
- $1.9 billion for acute bronchitis
- $15.1 billion for asthma morbidity
Imagine the high health care cost you are likely to incur because of an asthma attack or other respiratory problems caused by mold growth?
Wait, there’s more! Another thing to worry about is the type of mold in your home. If you are dealing with black mold and you do nothing about it, you will likely pay a high cost for it in the long term. This is because black mold is toxigenic. If present in high concentration, it can also cause mold poisoning in healthy people.
Also known as mycotoxicosis, mold poisoning affects the respiratory system with flu-like or harmful cold symptoms. It can lead to severe allergies and sometimes prove fatal. Therefore, it’s best to get rid of it immediately before it is too late.
Property Damage Because of Mold Infestation
The financial consequences of mold infestation to your property are equally worrisome. If left unaddressed, mold can damage your property in numerous ways, including:
- Damaged window frames
- Caved in floorboards
- HVAC contamination
- Collapsed Ceilings
This happens because mold can eat away literally anything from wood, tiles, drywall to other household materials. In many situations, the replacement cost of these materials can often exceed the $10,000 mark. Therefore, it is extremely crucial to rectify the problem immediately.
Over time, mold effectively coats many unseen and humid surfaces in your home. This is usually between the walls and in the attic; that’s when the horrifying effects begin. Soon, you will notice that the materials start to disappear behind the wall or crumble apart, similar to a rotting tree trunk. Roofing may collapse because the mold has digested the supporting beams into wood pulp.
How to Identify Mold Growth?
As mold grows in damp and hard-to-reach areas, it is often difficult to detect the problem early. However, some surefire signs can help determine that your property might have a mold infestation. These include:
- The grout between the shower tiles is dark
- There is a musty smell inside your home
- The wallpapers are peeling off
All these signs trigger the possibility of infestation, which should never be ignored. In fact, this is when you should immediately contact our mold remediation experts at 911 Restoration of Atlanta. Our team is IICRC-certified, trained, and qualified to handle any type or scope of mold infestation in your home or office. We treat mold infestation as a serious emergency. Hence, we dispatch our techs right away. Our team comes well-equipped and geared to your premises within or less than 45 minutes.
Our Techs Provide You Quality Assistance Ensuring Your Home is 100 Percent Mold Free
At 911 Restoration of Atlanta, our team makes sure that your home is 100 percent free from mold presence and growth. Once we reach your home, we carry out a comprehensive property inspection to determine the type and level of mold infestation. We take the sample and get it lab tested. As soon as we get the results, we ensure that special measures are taken to get rid of the infestation.
Our professionals disinfect and deep clean every nook and corner of your property. Once the mold is cleared, we take measures to repair and restore your property to its pre-damaged state. We go above and beyond to ensure you have a safe and healthy environment once again. That’s not just our promise but our passion. Give us a chance to help you.