The Financial Implications Of Home Fire Sprinklers

Construction & Contractors Blog

Residential fire sprinklers cut your risk of dying in a fire by as much as 80 percent according to the National Fire Protection Association. In fact, home sprinkler systems often get a fire under control or put it out completely by the time firefighters arrive on the scene. While the safety benefits of sprinklers may be obvious, relatively few residences in the United States are equipped with sprinkler systems, and the majority of residential codes don't require them in homes, though requirements are changing rapidly. Even if you live in an area that doesn't require home sprinklers, it often makes sense to invest in a sprinkler system from a company like Heads Up Sprinkler Systems to maximize safety and minimize financial loss during a fire. 

Cut Your Losses

While safety is the number one priority in a fire emergency, people who survive a fire are often faced with severe property losses, which can have a significant impact on finances and home value. Home sprinklers significantly reduce property damage compared to homes with no sprinklers. By putting a fire out rapidly, sprinkler systems cut property loss by an average of 70 percent, according to the NFPA. An average home without sprinklers suffers about $45,000 in damage during a typical fire, while a home with sprinklers suffers an average loss of just $2,166.

Water Damage

Sure, sprinklers protect the home from fire damage, but what good does that do you if everything in the home gets soaked during the process? Contrary to popular belief, every sprinkler head in the home does not spray water during a fire. Each head is controlled individually, so only the heads directly over a fire will open up; the rest stay closed, so your home stays dry, with minimal water damage to deal with.

Insurance Premiums

Since residential sprinkler systems are proven to reduce property damage during a fire, home insurance costs tend to go down when you add sprinklers, according to the Massachusetts Office of Public Safety and Security. While rates vary between providers, the home insurance savings may help offset the cost of your new sprinkler system over time.

Counting Costs

Many buyers are hesitant to invest in sprinklers, wary of the cost. In general, the cost of sprinklers is surprisingly low, particularly when you consider how much they cut losses during a fire. Residential sprinkler system costs generally range between 1 and 1.5 percent of total construction costs, according to the Massachusetts Office of Public Safety and Security. Even better, the price is going down on average. In 2008, home sprinkler systems cost an average of $1.61 per square foot of sprinklered space. By 2013, this number had dropped to $1.35 per square foot, with an average total project cost of $6,026.

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19 January 2015

A Study Of Wood Flooring Materials, Tools, and Techniques

Hello, I am Deborah Stillen. My passion for hardwood flooring began at a hotel on my first vacation as an adult. The gorgeous hotel flooring was made of a mix of mahogany, walnut, and teak materials that looked exotic to my eyes. Before that, I had only lived in places with wall-to-wall carpet. Upon coming home, I began to devise a way to cover my floors in wood materials. I became an expert on all of the wood flooring options available on the market today. I also studied different installation techniques and the tools used to create amazing patterns with the wood. My house now features a fine mix of bamboo and recycled wood flooring to create a layout I adore. I hope you can use the information on this site to bring wood floors to your home. Please visit often and learn all you can about wood flooring.