The Impact of Mold Infestation on Home Value

by | Jul 17, 2024 | Mold Facts

Mold is a microscopic fungus that thrives on moist surfaces, including walls, floors, and wooden coverings. Telltale signs of infestation include visible mold spores, a musty smell, peeling wallpaper, and dark spots on your walls. How much does mold devalue a home? This question resonates with the dangers mold poses to property and human health.

What Gives Rise to Molds

The tiny mold spores float in the air before landing on a wet surface, where they multiply and eventually make a colony. They are transferred on clothes, animal fur, and any movable surfaces within a home. Windows, leaking roofs, and poorly ventilated areas like basements and bathrooms, among others, are where they thrive. Surfaces with above 60% moisture offer a favorable ground for their multiplication.

Understanding the Effects On Property

Does mold affect home value? Absolutely. Mold gives a negative signal about possible faults in the architectural structure of a property, giving buyers justification for proposing a lower value for the property. Presumably, walls and floors permeated with moisture may have a substandard foundation, paving the way for mold. Exposed wooden material may show signs of rot, among other flaws, resulting in a lower valuation of the affected property.

Read More: Top 3 Reasons You Should Have A Mold Inspection Before Buying Or Selling A Home!

Dangers to Human Health

Mold spores are tiny and enter the human respiratory system through inhalation. It is estimated that 28% of the world population has genes that make them susceptible to mold-related illnesses, with signs including aggravated allergic reactions for asthmatic patients, nasal congestion, eye irritation, and severe health dangers with prolonged exposure. To ensure a healthier living environment, consider using a home sanitizing service in Atlanta, GA, which effectively eliminates harmful allergens in your home.

Effect on Property Market Value

Combining the effects of mold on structural stability and human health can significantly reduce property value. How much does mold decrease home value? Experts project a significant dip in property value by as much as 3%, which is relatively high. Who would want to spend more on a suspected faulty property? Therefore, mold remains a significant threat to property value.

Eradication and Control of Mold on Your Property

Mold-B-Gone Remediation offers mold cleaning services in Atlanta as a one-stop solution for mold infestation on your property. Fixing leaks, installing dehumidifiers, and enhancing ventilation are all solutions to reduce moisture build-up. Other interventions include tackling the mold with commercial mold removers and bleach. Hidden mold and home value are intertwined, and expert mold remediation is the best way to improve your property. Contact us today to schedule a consultation and protect your home from mold damage.

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