The Benefits of Seismic Retrofitting

Seismic strengthening is a concept that produces more structurally-sound buildings within the California area. These fixtures reinforce the foundation and braces of the building to prevent it from collapsing during an earthquake. These renovations are not governed by California laws, which enforce their installation. However, it is a great investment to protect your property. If you wish to reap the extraordinary benefits of these options, you should contact a commercial contractor today.

Selling Your Property

Retrofitting is a prime selling point for California property owners. Among the benefits of these owners receive is a reduction in the probability of a fatality due to excessive property damage. The walls and ceiling are reinforced to prevent them from falling onto inhabitants.

Mortgage lenders prefer properties in which retrofitting is present. In fact, buyers are more likely to acquire a mortgage at an accelerated rate when this is the case. In most cases, the property value increases after these fittings are installed properly. However, the property inspection determines whether or not these fixtures are sufficient and follow the guidelines as outlined by local building codes that apply to this treatment.



Reduced Homeowner’s Insurance

In California, property owners are required to secure adequate homeowner’s insurance, which includes coverage for the probability of damage due to earthquakes. Owners with properties that are situated near fault lines may be required to purchase additional coverage, specifically for these natural disasters. However, properties in which retrofitting was performed do not require these added costs.

When you order a seismic retrofit for your property, it doesn’t imply that your property won’t sustain any damage. It does indicate that it is likely that you’ll need extensive repairs, if an earthquake occurs. Additionally, some property owners may receive a tax deduction for this installation.

The quickest way to increase the value of your California property is to order retrofit and shoring now. This process reinforces the strength of your walls and ceiling. It reduces the likelihood of a fatality and extensive property damage during an earthquake. This is idyllic for owners who have property in close proximity to fault lines. If you wish to acquire these services for your property today, you should contact your preferred contractor now.