Knowing the facts about buying and selling a home with asbestos will allow you to make an educated decision on whether the decision is right for you.
Bjuy house with asbestos siding.
The presence of asbestos in a property can be a problem but not always.
Having asbestos in a house isn t dangerous or illegal but if it is damaged or begins to crumble it can post a health risk to those living in the home as well as anyone that visits.
Here s what you need to know about buying or selling a home that has asbestos.
While asbestos cement siding that is 50 years old or more is often still in good condition due to the longevity of the material there are two issues you inherit when you buy a house with this material.
Containing the asbestos typically costs 15 25 less than removal because you won t have to pay for disposal costs.
We could also have the siding removed which would cost about 5 000 plus the cost of re siding the house.
Containing asbestos might mean encapsulating the asbestos tiles in the basement instead of removing them altogether.
I don t know if this should be a dealbreaker or not.
I was buying property with a house on it.
It can be old and look exactly like asbestos siding but contain no asbestos as not every siding manufacturer added asbestos t their products.
If you are planning a renovation you can assume you need to have a budget for lead and asbestos identification and remediation.
If you re in the process of buying and selling a property and find asbestos it may generate sentiments of fear.
Learn what asbestos is why it.
If you are not planning a renovation your risks of exposure are generally low though there are a few exceptions.
The cost of removing asbestos entirely has a wide range of costs depending on where the asbestos is located.
Tests can be done is less than a week and usually cost 20 30.
The first step would be to get a test done to make sure the siding on the home actually contains asbestos.
But finding asbestos isn t always a deal breaker.
The siding seems to be in good shape but we would of course have this verified by an inspector.
If you are buying a house older than 1980 you can assume it probably contains at least some asbestos.
We were fully prepared to buy the house before we learned about the siding.