Average Fire Damage Restoration Cost

5/12/2022 (Permalink)

It is helpful to understand the average fire damage restoration cost before calling a professional restoration company. Of course, there is a wide range of potential costs and many factors that dictate how much the restoration will be, including the size of the fire, location of the damage, how much of the home can be restored, and insurance coverage. 

Regardless of the final cost, fire damage restoration is often far more cost-effective than the alternative. Without it, the homeowner may have to pay for the replacement of expensive items that are not covered by insurance.

With that said, there are certain expectations homeowners can have from a financial standpoint. The following is an overview of fire damage restoration costs, including insights into how companies determine the final price. 

Determining the Average Cost of Fire Damage Restoration

The average fire damage restoration cost is between $4,000 and $10,000. While this is a broad range, homeowners can determine a more accurate idea of how much their restoration will be by knowing the most notable factors that affect the price. The following are four considerations a professional fire damage restoration company will consider when determining the price. 

Location of the fire

Perhaps the factor that affects the price the most is the location of the damage. Fire damage to a small bedroom is not going to be as difficult and expensive to repair as damage to a kitchen. Significant damage to the floors, walls, and roof will raise the price as well. 

Due to this, the first thing a fire damage restoration company will do is inspect the damage and determine the areas that are affected. Whereas a minor repair to one bedroom may only cost several thousand, a complete kitchen restoration can cost as much as $50,000. 

The reason the location is so important is that certain equipment is more valuable and more difficult to restore. Whereas damage to bedroom carpet does not require extensive service, restoring kitchen cabinets, roofs and other more expensive items is more time-consuming and requires more resources. 

Size and spread of the fire

The place the fire originates is likely to be the most damaged area in the home, but fire can spread quickly and damage surrounding areas as well. In some instances, rooms that were not damaged by the fire may still have smoke, soot, and water damage. 

The size of the fire is perhaps the second largest determining factor in price. Of course, the more areas that need to be restored, the more expensive the cost will be. This is because it will take the fire damage restoration technicians more hours to complete the service, and they will need to use more resources to complete the restoration. 

Items that need to be replaced or restored

In addition to the location of the home and the size of the fire and water damage, the items that need to be restored play a significant role. For example, many fires originate in the kitchen. When this occurs, all appliances, including the dishwasher, refrigerator, sink and stove, require extensive restoration or replacement, which raises the cost. Additionally, the floors and kitchen cabinets likely require restoration as well. 

On the other hand, damage to a room that has less in it, such as a den, small bedroom, or home office, may have fewer and less vital items to restore. 

Then, of course, replacement is more expensive than restoration. The main goal of a fire damage restoration company is to restore as much as possible to avoid replacement and ultimately lower the cost for the homeowner. However, there are times when restoration is not an option and replacement is required. 

Homeowners insurance coverage

Last but not least, the homeowner’s insurance coverage will play a huge role in the cost of the fire damage restoration for the homeowner. Although it may not have much of an impact on how much the fire damage restoration company charges, it does impact how much of the cost the homeowner is responsible for. 

Whereas some coverages may include all costs for the restoration, a less extensive insurance policy may only cover certain areas or items of the home. To find out how much the cost of fire and water damage restoration will likely be, it is best to first check with the insurance company to determine what costs they will take care of. 

Speak to an Experienced Fire Damage Restoration Company

If you have fire and water damage to your home and need fast and reliable damage restoration, then give our team at SERVPRO of Highland Village a call. We are available 24/7 for emergency fire damage situations. Our team is happy to answer your questions about restoration costs and guide you through the difficult time after a home fire.