You’re excited about your new home—a 1950s rancher. It’s your dream house. One thing though: it has asbestos siding. Although the house is in good condition inside there are still projects to be done, but addressing the asbestos is your top priority. With little money left over after your down payment and closing costs, what’s the most effective way to fix it for the least amount of money?
Asbestos encapsulation may be the best option for you.
Why Is Asbestos in or on My House?
Asbestos was commonly used between the 1940s and 1970s and served as an inexpensive fire-retardant material and thermal acoustic insulator for basement boilers and pipes, and was used in HVAC duct insulation as well. It was also prevalent in home siding, fiber cement siding, plaster, vinyl floor tiles, and in some types of linoleum. Although it was effective it was later found to lead to lung damage, and possibly lung cancer, after the long-term inhalation of small, abrasive fibers it released when it was disturbed or damaged.
Costs for Asbestos Siding Encapsulation vs. Removal
Encapsulation is a widely-used form of repair where a professional coats your siding with a latex masonry primer and a high-quality latex paint to prevent the release of asbestos fibers. Encapsulation ranges from $2 to $6 per square foot. For 1,500 square feet the cost is between $3,000 and $9,000.
Removal costs are around $8 per square foot. Qualified contractors may charge up to $200 per hour, and since it takes about one hour to remove 25 square feet, average removal costs can range from $800 to $1,200 for 100 square feet.
Once you remove asbestos siding it must be properly disposed and replaced. The average cost to remove, dispose, and replace 1,500 square feet of asbestos siding can range from $11,000 to $24,000.
Do You Need a Disaster Remediation Expert in Washtenaw County or Jackson County?
If your home has already been damaged, we can help. Check out our services and call 517-262-3770 for your free disaster remediation quote today. We offer: