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Chuck Gulyas Real Estate News November 2013 - Preventing Basement Leaks

Steady month for single family home sales here in Lethbridge with sales for November up 9% compared to November of 2012.

Sales of single family homes year to date total 1064 which is actually a 1% decrease from this time in 2012. November’s total overall sales (including condos, semi-detached homes, land etc.) were up 7% over November of last year, bringing the total sales in Lethbridge year to date to an increase of 5% so far compared to 2012. The average price of a single family home in Lethbridge is up 2% year to date over last year to $292,898.00. Once again I am happy to report that the market in Lethbridge continues to be as stable as anywhere else in Canada.

Preventing Basement Leaks

If you have a basement, or even just a crawlspace, the last thing you want is water infiltrating the area. Even a minor leak can cause damage to walls and flooring, and may even lead to mould issues. Here are some precautions worth taking:

• Every spring and fall, check the grading around your home. The ground should gently slope away from the foundation. Pay particular attention to areas where shrubs and other foliage make the grading difficult to see.
• Look for cracks in the foundation. Get them fixed right away. Even a minor crack that doesn't appear to penetrate all the way through can cause problems eventually.
• Check the caulking on basement windows. If it's worn and cracked, it's time for recaulking. The lifespan of most exterior caulking is less than five years.
• Watch the eavestroughs when it rains. (You'll get wet, but it's worth it.) Make sure the water drains well away from the foundation.

Doing these simple inspections takes just a few minutes. Yet, if they prevent a basement leak, it's time well spent!

“Your life does not get better by chance, it better by change.” – Jim Rohn

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