A new sump pump can be a big expense. Whether you’re installing one for the first time or upgrading your existing pump, it’s important to get a professional estimate to know how much your project will cost.
The sump pump itself, its installation and any add-ons you may have will all impact the final price. It’s also worth considering your geographical location, as it can affect how much your home is likely to flood.
Cost of the Pump
If you’re considering a new sump pump, you may be wondering how much it will cost. You can find out by getting a few estimates from professionals in your area and then comparing them to make an informed decision.
A new sump pump is an investment in your home that can protect your property from flooding and damage. Water damage can cause warping, toxic mold growth and the weakening of your home’s structural integrity.
The cost of a new sump pump depends on many factors, including the type of basement and its location. It can also be affected by the contractor’s experience and whether or not you are using a battery backup.
Generally, a new sump pump costs around $2,000 to $3,000. The price varies based on your geographical location and the flooring you have in your basement.
Cost of Installation
The cost of installing a sump pump can vary considerably from one homeowner to the next. There are a number of factors that contribute to the price, including the type of flooring and the complexity of the basement or crawl space infrastructure.
For instance, if you have an unfinished or hard-to-reach area with plumbing, this will add significantly to the overall project cost. Furthermore, if you need to install the pump into a concrete basement floor, this will also require additional preparation and labor costs.
Besides keeping your home dry, a sump pump can reduce foundation damage, such as warping and toxic mold growth. It can also help remove moisture from your basement that causes excessive humidity.
Cost of a Home Warranty
The cost of a home warranty is determined by the type of plan you choose and what additional items you add. These items increase your monthly premium and can range in price from $100s to $500s per year.
Typically, these home protection plans cover a variety of common appliances and systems that are used by most homeowners. This includes air conditioning, heating, ductwork, plumbing, electrical, and appliances like dishwashers and refrigerators.
After you file a claim, the warranty company sends an approved service technician to your home to evaluate the item and determine whether it needs repair or replacement. Depending on your plan, you may have to pay a service fee for the technician’s visit.
Fortunately, most home warranty companies allow customers to tailor their plan to fit their needs and budgets. They also offer several options for adding on coverage to your base home warranty plan, including pools, spas, lawn sprinkler systems, second refrigerators, sump pumps, wells, and septic systems.
Cost of Repairs
If your sump pump has a problem, you’ll need to hire a professional plumber to make repairs. The cost of repairs varies depending on the type of sump pump and your location.
The most significant parts of the repair cost are labor and supplies/materials. Some plumbers also include local sales tax in the price.
It’s important to have your sump pump serviced on a regular basis by a certified plumber. This helps prevent problems from occurring and will keep the cost of repairs down.
Fortunately, there are some plumbing companies that offer discounted rates for sump pump maintenance or replacement services. These professionals are often available 24 hours a day and will not charge you extra for weekends or holidays.
If you have a home warranty, you can also save on sump pump repair costs by having the repair covered by your provider. These plans typically have service fees of $60 to $150, which is a relatively small amount compared to the average sump pump repair cost.
