Mold Removal Cost And Risk In Fairbanks North Star Borough, AK
A typical professional mold job in Fairbanks North Star Borough runs about $1,550 to $6,200 before rebuild, using the Fairbanks-College, AK price level. Below are the 8 ZIP code neighborhoods, the age of the homes, FEMA's water hazard ratings and Alaska rules.
1985Median year homes were built
38%Homes built before 1980
38%Homes rented, not owned
$282,500Median home value
42,695Housing units
95,555People
Half the homes in Fairbanks North Star Borough were built before 1985, and 38 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. About 38 percent of homes in Fairbanks North Star Borough are rented, so most households here carry an owner's policy on the building itself.
Housing age swings by neighborhood. ZIP 99775 has the oldest homes here, a median year of 1977, and ZIP 99703 the newest, 2006.
Typical Prices In Fairbanks North Star Borough
| Job | Size | National Range | Fairbanks North Star Borough 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 North Star Borough
| ZIP | Area | Median Year Built | Built Before 1980 | Median Home Value |
|---|---|---|---|---|
| 99702 | Eielson AFB | 1998 | 17% | Not published |
| 99703 | Fairbanks | 2006 | 9% | Not published |
| 99705 | Fairbanks North Star Borough | 1985 | 32% | $290,100 |
| 99709 | Fairbanks North Star Borough | 1985 | 37% | $296,000 |
| 99712 | Fairbanks North Star Borough | 1987 | 31% | $292,800 |
| 99714 | Harding-Birch Lakes | 1987 | 31% | $251,300 |
| 99725 | Ester | 1981 | 44% | $209,300 |
| 99775 | College | 1977 | 70% | Not published |
Cities And Towns
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