Asbestos Siding Home Value

The first step would be to get a test done to make sure the siding on the home actually contains asbestos.

Asbestos siding home value.

It only takes being exposed to asbestos one time to get mesothelioma and other lung diseases and any improper handling of asbestos can impact a person s health down the road. 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. It can be old and look exactly like asbestos siding but contain no asbestos as not every siding manufacturer added asbestos t their products.

Roofing shingles and siding. 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. After 20 years as a home inspector this is not something i have ever seen impact a home s value. Will the covid 19 crisis push home values lower.

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. Tests can be done is less than a week and usually cost 20 30. Insulation common in homes built in the 1930s to 1950s. 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.

Installing vinyl siding will require disturbing the asbestos by nailing into it. 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. Both the epa and the vinyl siding institute recommend not disturbing asbestos if at all possible.