Mold Removal Cost And Risk In ZIP 55407, Minneapolis MN
A typical professional mold job in ZIP 55407, Minneapolis runs about $1,550 to $6,300 before rebuild. Half the homes here were built before 1938, older than the Hennepin County median of 1973.
1938Median year homes were built
86%Homes built before 1980
40%Homes rented, not owned
$317,000Median home value
$1,219Median gross rent
15,979Housing units
86 percent of homes in 55407 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 40 percent of homes here are rented, against 37 percent across Hennepin County, so most households carry an owner's policy on the building.
The top of a typical mold job here, $6,300, is about 2.0 percent of the median home value of $317,000.
Typical Prices In 55407
| Job | Size | National Range | 55407 Estimate |
|---|---|---|---|
| Mold Remediation | a typical professional job | $1,500 to $6,000 | $1,550 to $6,300 |
| Mold Remediation | an attic | $2,000 to $7,500 | $2,100 to $7,850 |
| Mold Inspection and Testing | a visual inspection | $200 to $600 | $200 to $650 |
| 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 $6,300, that cap falls short by about $1,300 at the top of that range. Read the form
Water Hazards FEMA Rates For Hennepin County
FEMA rates Hennepin County high for inland flooding, 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 High |
| Coastal flooding | Not Applicable |
| Hurricane | Not Applicable |
| Cold wave | Very High |
| Winter weather | Very High |
Minnesota Rules On Mold
Nearby ZIP Codes In Hennepin County
Part of Minneapolis, Hennepin County, Minnesota.