Health, Value, and Resale: Why Mold Removal Matters for Your Home
Maybe you’ve heard rumors that mold is dangerous, but you’re not convinced it matters for your family or your home. Mold isn’t just the latest trend in the news, however, fueled by marketers trying to get you to buy unnecessary goods or services. Mold is a real threat to you, your family, and your home. If there is mold in your house, you need to know the risks before you decide not to have the mold removed. These are the real costs of mold infestation in your house:
Mold and Your Health
The health dangers of mold aren’t just an old wives tale. The Environmental Protection Agency (EPA) has documented a broad range of general negative health reactions caused by mold, including:
- Allergic reactions
- Asthma attacks
- Skin, eye, and throat/nose irritation
- Headaches
- Hypersensitivity pneumonitis
Other, more specific health hazards have been documented or are currently being researched, such as cancer and pulmonary hemorrhages. One toxin known to be produced by molds, aflatoxin B1, is a powerful carcinogen and has been proven to cause liver cancer and may also contribute to lung cancer.
In short, if you live in a home with mold, it will make you sick. Not all cases of mold-caused illnesses are as extreme as cancer or hemorrhages, although those are very real threats. Most people who suffer from mold problems don’t realize at first that mold is the cause of their symptoms. Because allergic reactions and irritations stemming from mold exposure often mimic seasonal allergies, colds, and flu, many people write off their illnesses. However, when you have mold in your home, these symptoms will likely keep returning until the mold is cleaned up.
Mold and Your Home’s Value
If dangers to your health aren’t persuasive enough, mold can also decrease the value of your home. Mold impacts the value of your property in two ways: because it is a health hazard, and also because mold growth indicates the additional presence of water problem. In fact, if a home inspection turns up a wet basement and/or mold in your house, it may make it nearly impossible to sell. Many mortgage lenders are reluctant to approve loans on homes with health and safety concerns, and the combination of mold and a leaky foundation certainly qualifies as both.
However, having mold in your home’s basement is not an unbreakable curse. Bringing in a professional for mold removal as well as stopping any basement leaks with foundation repair and waterproofing, can restore the value of your property. In most cases, professional repairs satisfy lender requirements and enable prospective buyers to qualify for a mortgage on your property.
If you’ve been thinking that the mold in your basement isn’t a big deal, you’ll obviously want to reconsider. Affecting not only the health and well-being of your family, mold can also decrease the worth of your house and even make it extremely difficult to sell. Your solution is simple, straightforward, and surprisingly affordable, when you consider the actual costs of mold infestations: Hire a professional mold cleanup specialist to completely remove all traces of mold from your basement.
Remember, mold can only grow in spaces with excessive moisture levels, so unless you also address the water issue, the mold will be back. Foundation cracks, high hydrostatic pressure in the soil around your home, and other basement-related issues can all contribute to the incursion of water and the subsequent development of a mold problem, so consulting with a basement waterproofing contractor is typically your best bet for preventing a new mold issue from cropping up in your basement. Many foundation contractors also offer mold remediation services, so you may want to contact them for both the cleanup and continued prevention of mold in your home.
