Selling Your Home & Inspecting for Radon
Radon is a colorless and odorless deadly gas that is attributed to be the leading cause of lung cancer for non-smokers. This deadly substance has made its way into more than half of the homes in Iowa, although many homeowners may be unaware of its inconspicuous entrance. It is accountable for 20,000 to 25,000 deaths per year in the United States, and can cause physical and mental issues in the development of infants and young children. Not only is radon extremely hazardous to you and your family’s health, but it can may influence your potential to sell your home.
Researchers on this radioactive gas have noticed that it can be found in new and old homes alike. Whether your home has insulation or not, a basement or not, it is still prone to radon entrance. Sometimes, there are extremely high levels of radon in a new home, but none found in an old one. So as you can see, the age of your home does not affect the radon level. Rather, it is completely dependent on the soil underneath your home. Radon occurs naturally when uranium is broken down in the soil, and then enters through any cracks or openings in your foundation. If the inside of your home has a lower air pressure than the soil outside, your home will be more apt to take in radon. Radon can also be released in water through your sink or shower, though this is not as high of a risk as when it comes through the soil. Rarely, your granite or concrete can give off radon.
Will High Radon Levels Influence Potential Buyers?
When it comes to real estate, it is important to inspect for radon before selling your home. Potential buyers in Iowa should be aware that radon is a major current issue in most homes. Make sure there is a mutual understanding between you and your potential buyer about how radon levels will be taken care of.
Depending on your state’s disclosure laws, you may be required to include your home’s radon levels in your sale disclosure. If you have not had your home tested for radon, and levels come up high in the home inspection, your potential buyers may have the right to cancel if they are not satisfied with the results. In this case, in order to save the deal, you may have to pay for the radon to be removed or make a mutual agreement with your potential buyer on splitting the difference. If your potential buyers walk away from the contract, you will be obligated to include radon levels in your next sale disclosure, which may turn away other potential buyers.
Fortunately, it isn’t very challenging to get rid of high radon levels, although it may be expensive. Typically, it will cost 1,000 to 2,000 to have radon removal equipment installed by a professional. It may be wise to take care of radon levels in your home and include what you spent in your asking price before listing your home. A home that is radon-clear will be very attractive to a potential buyer and can allow for a smoother process.