Asbestos Siding Home Value

Will the covid 19 crisis push home values lower.

Asbestos siding home value.

When removing asbestos siding or roofing from your home you must be properly covered head to toe with respirators properly worn to make sure no exposure is possible. Tests can be done is less than a week and usually cost 20 30. Insulation common in homes built in the 1930s to 1950s. As for handling it you do need to take a few precautions.

It can be old and look exactly like asbestos siding but contain no asbestos as not every siding manufacturer added asbestos t their products. After 20 years as a home inspector this is not something i have ever seen impact a home s value. Asbestos siding removal repair costs the average cost to repair asbestos siding is 4 761 with typical costs between 665 and 8 856 some projects are as low as 300 while the highest prices can reach 22 500 encapsulation a popular form of repair averages 2 to 6 per square foot. This article series includes a photo guide and text that can help in identification of asbestos containing wall siding products like asphalt shingles asbestos cement siding shingles.

Roofing shingles and siding. Cement asbestos siding is non organic and so it does not decay and actually holds paint quite well which by the way is not dangerous contrary to what you have been told. Both the epa and the vinyl siding institute recommend not disturbing asbestos if at all possible. A home that has enclosed the old asbestos cement siding with new siding is perfectly acceptable to home inspectors and real estate assessors and it rarely has any negative effect on home values.

Unless asbestos siding is disturbed it doesn t pose a significant health hazard and does not need to be removed. This article explains the impact on home sales due to cement asbestos shingle siding time on market and resale value might be impacted by asbestos in buildings. The first step would be to get a test done to make sure the siding on the home actually contains asbestos.