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25
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8
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Kye Matthews-Mason
  • Flipper/Rehabber
  • Los Angeles, CA
8
Votes |
25
Posts

Fieldstone Foundation, basement moisture and asbestos

Kye Matthews-Mason
  • Flipper/Rehabber
  • Los Angeles, CA
Posted

I've been looking into the cleveland ohio market for some time and found in inspections that a ton of homes are fieldstone foundation based and causing moisture in the basement. I am being told by a few folks that this is common for these older homes in cleveland and there's potential to fix this issue with a sump pump installation and strong dehumidifier that can all together take between $11K-20K to fix. Is anyone familiar with homes in Cleveland? Is this common and also do these numbers sound accurate? Also can fixing this issue in any way bring the ARV up?

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User Stats

593
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664
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Austin Steed
  • Real Estate Agent
  • Columbus, OH
664
Votes |
593
Posts
Austin Steed
  • Real Estate Agent
  • Columbus, OH
Replied

A sump pump and dehumidifier wouldn't be that costly. 

But if you do a french drawn on all the exterior basement walls that sounds about right!  My understanding is that this is the best way to do things. Just a sump pump would help a lot to prevent flooding but really you want all the water directed to that sump pump with a perforated pipe under the concrete on the exterior walls. 

Hope this helps!

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