Not only can moisture in your basement cause long-term structural damage to your home, but it can also cause rust, peeling paint, stains, attract pests and insects, and more.
And experts agree that the financial loss incurred due to such problems can be severe. Calculated at between 15% to 25% of the value of the home. (ex. $100,000 home x -25% = $25,000 loss on value of the home).
Additionally, a wet, humid basement can quickly become a breeding ground for mold and mildew, which can be extremely hazardous to the health of your family.