How Mold can negatively impact Your Home’s Value

Buying a home is not only a rewarding experience, it is the single largest investment a person will make in their lifetime.  However, owning a home carry lots of responsibility and an endless stream of attention and maintenance.  Furthermore, in order for your home to protect you and your family, you have to take care of it.  Unfortunately, there are a number of issues that can make homeownership less enjoyable.  One of these issues is mold and it can be very problematic to deal with. As the spores are invisible, it is difficult to make out where it is breeding until you start seeing the symptoms of allergies and patches on the walls.

Besides the obvious threat to a person’s health and well-being, there is the problem of how mold can damage a home and negatively impact its value.  When making a large investment like the purchase of a home, you want to ensure that you and your family are going to be safe while living there.  Mold presents a serious health risk to a home’s inhabitants and even if it can be remediated, it will have a negative impact on the property’s perceived value.

Remember, the human brain isn’t always logical.  If we feel that a property presents a significant risk to our health and safety, the likelihood of purchasing that property at the seller’s asking price is greatly decreased.  The other issue is one of convenience.  In most instances, prospective buyers want a turn-key home.  In other words, they want a home that can be moved into immediately.  So buying a home that’s in need of repair and mold removal will hurt its value in the eyes of the buyer.

Common Causes of Mold

Mold typically starts slowly as a simple growth that is often overlooked or ignored.  Some of the most common causes of mold growth include:

• dampness
• flooding
• humidity
• insufficient or poor ventilation
• leaking air conditioning and plumbing (pipes) systems
• leaking roofs

As you can see, there is a number of sources and ways in which mold can begin forming in a home.  The worst and most problematic varieties of mold are the ones that hide in areas that we can’t see.  It could be growing behind your appliances and walls as well as in your attic or basement.  In many cases, it remains undiscovered until it has become a serious problem and has spread throughout your home.  Now you could be looking at thousands of dollars to have it remediated. For more information or to schedule a Broward County mold inspection, call Florida Inspections Unlimited at 954-861-0666 today. Our business representatives are available to discuss your custom requirements and assist you accordingly.