3 Ways a Leaky Pipe Can Cost You Money

6/9/2020 (Permalink)

Moisture build up and caused damage to the walls.

Three Ways a Damaged Pipe Can Cause You Money

If you have a water leak in your Osceola building, you might be tempted to push it to the back of your mind. You have more important matters to deal with, after all, right? Well, it turns out that a small leak can become a big problem if you don’t have it fixed right away. Here are just three ways that a damaged pipe could cost you a lot of money.

1. Restoration and Repairs

Over time, even a small water leak can contribute to damage to your building. The moisture can build up and cause warping in walls and flooring, weakening the structure in that area. If it is unable to dry, you can end up with a mold growth that can cause discoloration and an unpleasant musty odor. Eventually, you will need to hire a water damage restoration specialist to repair the damage.

2. Increased Water Bills

Depending on the location of the leak, a high water bill might be the first sign of water damage that you notice. While it might seem that only a small amount of water is lost, even tiny drips add up throughout the day. If the leak continues over a long period of time, you could be wasting hundreds, or even thousands, of dollars each month.

3. Loss of Business

Sometimes, a leak is indicative of a larger problem. If your pipes are old or damaged, then ignoring a leak could potentially end in a pipe break. This will cause a much larger amount of damage to your building and can even prevent you from doing business while the repairs are being done, costing you valuable profits.

Because a water leak seems like a small problem, it is often overlooked or ignored, but this can end up costing your business big time. You should be sure to perform regular maintenance to keep everything in your building working properly. Fixing a leak early on will save you both time and money in the long run.

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