Mold Removal Cost And Risk In ZIP 40507, Lexington-Fayette KY
A typical professional mold job in ZIP 40507, Lexington-Fayette runs about $1,400 to $5,550 before rebuild. Half the homes here were built before 1978, older than the Fayette County median of 1983.
1978Median year homes were built
53%Homes built before 1980
78%Homes rented, not owned
$391,000Median home value
$642Median gross rent
1,765Housing units
53 percent of homes in 40507 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 here are rented, 78 percent against 46 percent across Fayette County. A renter's policy covers belongings and liability, while the owner's policy covers the building.
The top of a typical mold job here, $5,550, is about 1.4 percent of the median home value of $391,000.
Typical Prices In 40507
| Job | Size | National Range | 40507 Estimate |
|---|---|---|---|
| Mold Remediation | a typical professional job | $1,500 to $6,000 | $1,400 to $5,550 |
| Mold Remediation | an attic | $2,000 to $7,500 | $1,850 to $6,950 |
| Mold Inspection and Testing | a visual inspection | $200 to $600 | $200 to $550 |
| Mold Inspection and Testing | an inspection with samples | $300 to $1,000 | $300 to $950 |
| Mold Inspection and Testing | a clearance test | $300 to $800 | $300 to $750 |
The standard limited fungi endorsement caps mold at $5,000. Against a typical job here of up to $5,550, that cap falls short by about $550 at the top of that range. Read the form
Water Hazards FEMA Rates For Fayette County
FEMA rates Fayette County 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 Moderate |
| Coastal flooding | Not Applicable |
| Hurricane | Very Low |
| Cold wave | Relatively High |
| Winter weather | Relatively High |
Kentucky Rules On Mold
Nearby ZIP Codes In Fayette County
Part of Lexington-Fayette, Fayette County, Kentucky.