Things to Know About Earthquake Retrofitting for Rental Properties

Williams

Due to environmental changes, earthquakes are more likely to occur. Therefore, it is very important to own a house with a low risk of shaking and moving. After all, most people these days opt for properties with earthquake retrofitting.

Furthermore, if you have hired a property management company, earthquake retrofitting is usually covered in Property Management Fees. Property managers are responsible for maintaining the good care of one’s property.

In this article, you will learn about earthquake retrofitting for rental properties. Continue reading to learn more.

What is Earthquake Retrofitting?

Have you ever wondered if your house can stand the rocking and rolling from a major earthquake? According to the study, there are over one million vulnerable and older homes that are built in the high-hazard earthquake area. This means that such homes could experience significant damage or destruction due to a major earthquake.

However , there are many homes which were built before modern building codes were in place to help protect against earthquakes. Other homes are more vulnerable to shake damage because of their structure.

Furthermore, no matter which part of the world you live in, you should always learn how to strengthen your homes.

Earthquake retrofitting is what helps you strengthen your home. It is about properly bracing and bolting your house’s foundation. It helps you avoid expensive structural repairs and personal injury to you and your loved ones.

How Do You Retrofit a House for Earthquakes?

An earthquake retrofit involves strengthening the house’s foundation to make it more resistant to earthquake shaking and damage. Depending on the house type, the "how" may involve adding plywood to crawl space walls, using bolts to secure the foundation, or in some cases, adding a foundation or other strengthening and mitigating elements.

An earthquake’s shaking motion can cause severe damage to older properties. Homes that were built before 1980 are more likely to be at risk with raised foundations because many were not built to resist shaking and moving.

The major benefit of an earthquake retrofit is that it keeps your house from being displaced from its foundation. This makes the building safer and less prone to major structural damage.

Moreover, there are many property management companies which provide this earthquake retrofitting under their property management fees. This helps in eliminating the risk of any major damage that can be caused by an earthquake.

So, you can hire a property management company to take care of your property and get required support at the time of earthquakes.

How much does an earthquake retrofit cost?

Most of the time, the cost of an earthquake retrofit can vary. Starting from the range of $3000 to $7000, you can easily get an idea of the standard cost.

The cost of a retrofit protects your house against future earthquake damage. Keep in mind that after a retrofit, your costs are likely to be a lot less compared to after a devastating earthquake, which can displace you from your home.

Is earthquake retrofit really worth it?

An earthquake is a sudden and environmental cause that can destroy everything in seconds. So, if you want to protect your property from earthquakes, you should opt for earthquake retrofit. An earthquake retrofit keeps your home on its foundation.

Earthquake retrofitting includes bracing, bolting, and reinforcing your home’s foundation, walls, roof, and chimney to resist earthquake shaking. A retrofit is worth it because it makes your house safer and more prepared.

How Long Does It Take to Retrofit a Home?

When it comes to earthquake retrofitting at rental priorities, it may take a few working days. Moreover, the best part of earthquake retrofitting is that you can easily complete your work at your comfort level as in all instances, workers never need to come inside your house.

However, it is important to plan properly and allow time to choose a contractor, and allow for permitting and approvals. The entire project of this earthquake retrofitting takes approximately 4–12 weeks, depending on the scope of work.

Now is the time to protect your house against an earthquake. Many homeowners with a verified retrofit say that they are pleased with the result and it gives them one less thing to worry about.

Conclusion

To improve the safety of the house, reduce the risk of injury that comes with a devastating earthquake, it is very important to get your home earthquake retrofitted.

At Real Property Management Choice, we offer earthquake retrofitting for rental properties, which helps in preventing any major injuries at under reasonable property management fees. To find out more, visit our website.

Williams

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