Denver water damage restoration costs have steadily risen in recent years, corresponding to economic growth and other price pressures as property values have risen. That means that it’s more important than ever to take all reasonable precautions in protecting your home or business from costly, catastrophic water damage.
Denver Water Damage Restoration Costs Rise With Property Values
Warned is armed, and understanding that the costs related water damage have skyrocketed and will continue to do so helps property owners to better safeguard their homes and businesses from potentially catastrophic expense.
The 2016 Metro Denver Economic Forecast detailed exponential growth over the last decade and laid out the case that the regional economy is stronger in all sectors than any other region in the country. The MDEF projects continued strong growth in Denver and up and down the Front Range. Pressure on the housing and business property markets has pushed property values steadily higher. This results in corresponding increases in costs for water damage restoration services, labor and materials. All of this is a good argument for taking all reasonable measures prevent and minimize potential water damage.
Here are some points to consider as you look to protect your property from water damage:
Do you live in a floodplain? Just because you live in the Front Range’s dry climate does not mean that your property can’t be squarely in the middle of a flood-prone watershed. Make sure you understand the risks for flooding in your area.
Are the water handling features on our property in good repair? Are gutters, downspouts, ditches, drains, basement sump pumps and other features designed to channel, control and manage water on your property in good shape?
Does your insurance cover the types of water damage that are reasonably possible in your area? After you research a few insurance flood maps and assess your property’s maintenance levels for plumbing, basement sump pumps and other water handling features, you should take a look at your insurance policies and ask whether you’re adequately covered.
A little time spent now assessing your exposure to water damage risk could save you thousands of dollars down the road.
If you DO Get Water Damage, Don’t Wait to Mitigate!
Time is money when water is standing in your home or business. The good news is that Denver water damage restoration experts at Professional Restoration have the experienced crews and equipment to get to you quick, the job done right, and save your stress level.
After you Call Professional Restoration to respond, make sure to shut off the power to the affected area. Once there is no electrical currents you can start to move items that are water damaged to a dry area.
Take photos, zoom in to capture the make/model/serial number info on items when available. Record a video from your phone of how this all happened from your first encounter to what was damaged. Be your own reporter. The more documentation you can offer, the easier it is to work through and close.
Need some advice? Give us a call. Have an emergency that won’t wait ? Call us. We answer our phones 24/7 and are ready to respond to all property damage claims and repairs.
Call Professional Restoration for your Denver Water Damage Restoration needs!