Many homeowners don’t know how much it costs to install a sump pump, which can lead to disastrous consequences if a flooding event occurs.
A sump pump is a crucial part of any home’s water drainage system, but it’s one of the most forgotten commodities. If you live in an area prone to storms, it’s crucial to have a sump pump installed to protect your home and finances from expensive water damage.
In this article, we will provide information on how much installing a sump pump costs, the types of sump pump that are right for your needs and budget, and the benefits of installing a sump pump.
Sump Pump Replacement Cost
A sump pump installation can vary in cost, but on average, you can expect to pay around $1,000 to $3,000 for labor and materials. The average price of a sump pump unit is between $200 and $600, so in most cases installing the whole system will cost between $1,000 and $3,000.
Sump pump installation cost also depends on the type of sump pump that is right for your needs and the type of housing you live in.
Types of Sump Pump Systems Available
There are two different sump pumps available to consumers: submersible and pedestal.
Submersible Sump Pump
A submersible sump pump is installed into the sump pit, which holds the water pumped out of the drainage system. The unit then pumps this water away. Submersible units are typically more expensive to purchase and install, but they are usually much more effective at preventing water damage.
Pedestal Sump Pump
A pedestal sump pump sits directly on the ground and pumps water into the drainage system or outside. A pedestal sump pump price is significantly less than submersible, but they are typically less effective at preventing flooding.
Other Factors that Affects Sump Pump Installation Cost
Several other factors can affect the cost of a sump pump system. Some of these include:
1.) Accessibility of your home’s drainage system
Installing a pedestal pump in an unfinished basement will be much cheaper than if you were to install one in a finished basement because it may require additional excavation and finishing.
2.) Existence of an accessible drain
If there is no drain around your home, this will increase the cost of installing a sump pump system. If you have a cistern or dry well already in place, it may be less costly to pump water into that instead of installing drainage piping.
3.) Type of plumbing lines available
If you already have good drainage piping around your home, it will be much cheaper to install your sump pump system. If it’s necessary to install new piping, it will increase your sump pump installation cost.
4.) Amount of landscaping required
If you need to do significant landscaping work around your home to reach the sump pump and upkeep, this can increase the installation costs. It’s essential to consider this before installation, so it does not cause a surprise on your bill.
5.) Sump Pump Battery Backup Cost
Sump pump battery backup systems are highly recommended since so many power outages happen each year. This adds an additional fee to the cost to install a sump pump.
If it happens that you already have a sump pump but it is broken or not working properly, you should also expect an extra expense for the sump pump replacement cost.
Benefits of Installing Sump Pump Systems
There are many benefits to having a sump pump system installed. Here are the common reasons:
Prevention of costly home repairs
A sump pump is the only way to prevent water damage in your basement. This can potentially save many thousands of dollars in future repairs, which would otherwise be needed if there was a significant flooding event.
Peace of mind for homeowners
Installing a sump pump system gives homeowners peace of mind that they are protected from flooding their homes if there is a major storm. This is important for those with valuables, irreplaceable sentimental items, or expensive home additions such as hardwood floors that cannot be repaired if damaged by water.
Reliability
Having a sump pump system installed will give homeowners the added convenience of knowing that their homes have protection from flooding and water damages.
Saves money on insurance premiums
For homes with sump pump systems, this significantly lowers the risk of water damage, which saves money on insurance premiums.
Aids in the prevention of foundation damage
When you have a sump pump system installed, this will allow for proper drainage around your home’s foundation. This can prevent soil erosion and foundation damage.
Conclusion
Although the average sump pump installation is costly, it’s necessary for every house or building at risk of flooding. However, installing a sump pump is less expensive than repairing or replacing damaged property and furniture, costing thousands of dollars to replace.
The average home suffers roughly $10,000 in damage from basement flooding. Installing a sump pump is a great investment to prevent flooding and potential property damage.
If you are living in the Lower Mainland and want to make sure that you are paying the right price for sump pump installation, you can contact Your Guy Plumping today for a free estimate.
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