Why Faulty Plumbing Is Draining Your Savings
Faulty Plumbing
If your home has faulty plumbing, it could cost you a lot of money in repairs and utility bills.
Not only are plumbing issues expensive, but they are also wasteful and can even be dangerous.
Here’s what you need to know about the hidden costs of faulty plumbing and how to keep them from draining your bank account.
Leaks and Drips
One of the most common, and costly, plumbing problems is leaks. A single leaky faucet can waste thousands of gallons of water per year, and a leaking toilet can lose gallons of water per day.
That’s not only money down the drain, but also wasted resources. In addition to the water loss itself, all that wasted water requires energy to heat or cool.
This also means more wastewater for treatment plants to process, which you get billed for. These costs stack up quickly.
Water Damage
Leaks can also cause serious property damage. A small drip might not seem like much, but over time it can cause mold and mildew to grow, or even rot and structural damage.
These problems can be expensive to fix, and may even require professional help. In extreme cases, plumbing problems can even lead to fires.
So, not only will you be forking over cash to repair the damage, but your insurance rates could go up, too.
Poor Water Quality
If your home has old or damaged plumbing, there’s a chance that your water quality is also suffering. Lead pipes and fixtures are still found in many older homes and can leach lead into your water.
Lead is a serious health hazard, especially for children, and can cause learning disabilities, behavioral problems, and even death.
Even low levels of lead exposure have been linked to health problems, so it’s not worth taking the risk.
Ill family members are one sure way of compromising your savings, not to mention the lasting effects of a health crisis.
Sewage Leaks
Another hidden cost of faulty plumbing is the risk of sewage leaks and backups. These problems can occur when pipes in your plumbing system are cracked or damaged, or when tree roots have grown into your sewer line.
Sewage issues are not only unsanitary, but they can also be very costly to clean up and repair.
In some cases, you may even need to move out of your home while the repairs are being made, and if the local government needs to get involved, it can cost even more time and money.
Plumbing malfunctions are not only a nuisance, but they can also be a serious strain on your finances.
By being aware of the hidden costs of faulty plumbing, you can take steps to protect your home and your bank account.
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Category: Housing
