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Most Shocking Costs When You Can't Sell Your Home

1. Leaking, Broken, or Burst Pipes

Average Costs: $8,000-$70,000

Why it can’t wait: water damage, flooded basement

Depending on where a house is located, a lot of things can go wrong with plumbing. Metal pipes can have small cracks or leaks, or a cold snap can cause pipes to freeze and break. Widespread rusting can create the need to replace large sections of plumbing at a time. Because of the potential for water damage to a property, mold, and rot, this is not a repair that can be put off. According to separate estimates from plumbing contractors, total costs of re-piping a standard home with copper pipes can run from anywhere between $2,500-$15,000. According to State Farm, the average cost of a claim for broken pipes from freezing is $15,000. Costs of this nature can be much higher. If pipes burst while no one is home, the basement could be completely flooded by the time a problem is identified. Having a plumber come over on short notice, in addition to replacing the carpeting and other water damage, can result in a worst-case scenario of as much as $70,000.

(iStock Photo)

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The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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