Mold Removal Cost In Fairbanks, AK
A typical professional mold job in Fairbanks runs about $1,550 to $6,200 before rebuild. Fairbanks sits in Fairbanks North Star Borough.
1979Median year homes were built
52%Homes built before 1980
60%Homes rented, not owned
$255,700Median home value
13,924Housing units
32,242People
Half the homes in Fairbanks were built before 1979, and 52 percent went up before 1980. Older plumbing, roofs and window seals are where slow leaks start, and slow leaks are the mold most home policies leave out. Most homes in Fairbanks are rented, 60 percent. A renter's policy covers belongings and liability, while the owner's policy covers the building.
Typical Prices In Fairbanks
| Job | Size | National Range | Fairbanks Estimate |
|---|---|---|---|
| Mold Remediation | a typical professional job | $1,500 to $6,000 | $1,550 to $6,200 |
| Mold Remediation | an attic | $2,000 to $7,500 | $2,050 to $7,750 |
| Mold Inspection and Testing | a visual inspection | $200 to $600 | $200 to $600 |
| Mold Inspection and Testing | an inspection with samples | $300 to $1,000 | $300 to $1,050 |
| Mold Inspection and Testing | a clearance test | $300 to $800 | $300 to $850 |
The standard limited fungi endorsement caps mold at $5,000. Against a typical job here of up to $6,200, that cap falls short by about $1,200 at the top of that range. Read the form
Water Hazards FEMA Rates Here
FEMA rates Fairbanks North Star Borough high for cold wave, winter weather. Water from these events is where mold claims start, and flood water is a separate policy. FloodSmart says mold damage is not covered under standard NFIP flood policies. FloodSmart
| Hazard | FEMA Risk Rating |
|---|---|
| Inland flooding | Relatively Low |
| Coastal flooding | Not Applicable |
| Hurricane | Not Applicable |
| Cold wave | Relatively High |
| Winter weather | Very High |
ZIP Code Neighborhoods In Fairbanks
| ZIP | Median Year Built | Homes Rented | Median Home Value |
|---|---|---|---|
| 99703 | 2006 | 100% | Not published |
Alaska Rules On Mold
Alaska Mold And Insurance Rules
- Alaska insurers may not exclude mold when it comes from a loss the policy covers. Alaska Homeowners Forms Filing Checklist
- The state turned down many mold exclusions because they break Alaska insurance law. Alaska Bulletin B 04-07
- Approved sample wording lets a policy pay up to $10,000 for mold testing and cleanup on top of fixing the covered damage. Alaska Bulletin B 04-07