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What Should Your 2020 Basement Waterproofing Budget Include?

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budget for waterproofing your home

Protecting your home from water damage can be a costly endeavor. It’s not always easy to determine how much you need to put away. Establishing an initial budget, however, can save you a lot of stress in the long run.

Your Basement Waterproofing Budget

Everyone’s waterproofing budget will vary based on the unique factors that define their home. That said, waterproofing your home prior to any damage means you’re working with a fairly consistent catalog of waterproofing options. As such, you can expect to spend between $3,000 and $20,000 waterproofing a home in the Denver, CO, area.

The divide between those potential costs may seem significant. When you break down all your waterproofing options, internal and external, and account for the cost of labor, the variety makes more sense. Luckily, you’ll be able to request a home inspection prior to waterproofing your home, after which contractors in your area can provide you with a free quote on any services you may be interested in.

The Costs of Waterproofing Your Interior

When waterproofing the inside of your home, your options include:

  • Sump Pump Installation – Sump pumps are ideal for protecting your basement from floodwaters and cost between $1,000 and $2,500 to install. Your expenses will vary based on the brand you commit to and the size of your basement.
  • Interior Drain Installation Interior drains work best when paired with sump pumps, as these perimeter systems collect leaking water and direct it to the sump pump system. Their cost can vary by the length of the drains. On average, these installations can run you between $3,000 and $4,000. Also, keep in mind to maintain your interior drainage, as they are fairly easy to clean out and monitor on your own and with the help of your installing contractor. Take advantage of any annual maintenance plans for these solutions and other waterproofing measures.
  • Crawl Space Barriers – If you have a crawl space, you can invest in a vapor barrier or similar waterproofing measure. These barriers cost between $5,000 and $15,000 to install, with costs again varying based on the type as well as the size of your crawl space.
  • Dehumidification – If you deal with moisture more often than you deal with physical water damage, then consider investing in a dehumidifier. These waterproofing measures cost between $1,000 and $1,500 to install and can protect the whole of your basement from rising humidity.
  • Foundation Crack Repair – If your foundation is cracked at the time you start considering waterproofing measures, the contractors you bring out to your property will need to first attend to this damage. There are various kinds of foundation repairs available depending on the type, size, and location of the damage. Foundation repair can start at $2,000, and the average job in Denver, CO, costs around $14,000. Again, costs will vary depending on the damage and repair solutions used.
  • Additional Repairs – If there’s anything else wrong with your basement or foundation that a contractor recommends you fix, you’ll want to have between $500 and $2,000 available in your budget.

The Costs of Waterproofing Your Home’s Exterior

Once you’ve waterproofed the inside of your home, it’s time to explore the options you have for exterior waterproofing. Some of the most common exterior waterproofing measures include:

  • Downspouts – Downspouts attach to your gutters and allow you to direct rain runoff away from your perimeter. Most contractors in the Denver area can charge you between $750 and $1,550 for downspout installation.
  • Exterior French Drains – Like interior French drains, exterior French drains will move water away from your home via a system of pipes around your house’s perimeter. Installing this drainage system can run you between $4,000 and $6,000 but do note that most contractors don’t take re-landscaping into account.
  • Exterior Repairs – If extensive exposure to hydrostatic pressure or standing water has damaged the outside of your home, you’ll want to have between $2,500 and $10,000 available for repairs.

The Cost of Labor

Note that the costs mentioned in the previous two sections do not account for contractor labor. On average, contractors and their teams will request labor frees between $1,550 and $3,500, depending on the project timeline and the amount of work they’re expected to do.

It’s always better to waterproof your home before problems arise than to wait until repairs are necessary. If you want to start discussing potential waterproofing measures, reach out to a Denver contractor for a free home inspection and services quote. Before long, you’ll be able to protect your home from even the most unpredictable water damage.

Serving Greater Denver area, Colorado Springs, Eastern Colorado, and parts of Nebraska and Wyoming

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Palmer Lake, CO 80133

Denver, CO

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Denver, CO 80216