Climate change is ushering in new challenges for homeowners. It comes along with flooding and storm surges causing damage to countless properties every year.
It’s during these turbulent times that the unfamiliar term “house lifting” enters the average homeowner’s vocabulary, offering hope in the face of waterlogged despair.
But there’s more to this concept than merely keeping dry during a storm. House lifting isn’t just a hasty solution. It is a forward-looking strategy that mitigates risks and can potentially save an extraordinary amount of money in the long run.
In this guide, we take an in-depth look at house lifting services and their cost-effectiveness.
Let’s begin!
Preservation of Existing Structure
House lifting is the process of raising a home above its current foundation to a higher elevation. This not only protects the property from future flood damage. It also preserves the existing structure. Thus, preventing it from being demolished and rebuilt.
By lifting the house, homeowners avoid having to start from scratch in terms of rebuilding costs. This can be incredibly expensive and time-consuming. Additionally, preserving the existing structure also helps maintain the sentimental and historical value of the home.
Potential Insurance Savings
In many flood-prone areas, insurance companies charge high premiums. This is because it needs to cover homes at risk of flooding. However, homeowners can potentially save on their insurance costs. This can be achieved by implementing house lifting measures and raising the home above the flood plain.
Insurance companies view house lifting as a proactive measure. It helps in mitigating flood damage and may offer discounts or lower premiums as a result. Most house lifters work closely with insurance companies. This is because they want to ensure all requirements are met for potential savings.
Increased Property Value
In addition to cost savings, house lifting can also increase the value of a property. Homeowners can now potentially see an increase in their property’s appraisal value. This can be achieved by protecting the home from potential flood damage and preserving its structural integrity.
This is especially beneficial for those looking to sell their home in the future. This is because it adds a unique selling point and may attract potential buyers. These buyers are those who are concerned about climate change and its effects on properties.
Even structural house movers who specialize in lifting houses for relocation can see an increase in their business. This could be mostly due to the demand for house lifting services.
Long-Term Cost Savings
While the initial cost of house lifting may seem significant, it is a long-term investment that can save homeowners money in the future. Homeowners can potentially save thousands of dollars in the long run. This can be achieved by preventing flood damage and avoiding costly repairs or rebuilds.
Moreover, house lifting serves as a proactive measure. They protect against potential future damage and expenses. This comes along as climate change continues to bring about more frequent and severe weather events. If you see these relocatable homes, you can easily see their long-term value.
Discover the Cost-Effectiveness of House Lifting Services
House lifting services offer homeowners a cost-effective solution. With all that it offers, house lifting is a forward-looking strategy that offers peace of mind and financial stability.
As we continue to face the challenges of climate change, it is important to consider the benefits and cost-effectiveness of house lifting services as a valuable investment for homeowners. Consider house lifting as a proactive measure to protect your home and future finances.
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