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Water damage always poses a primary risk of mold and mildew, but growth is not guaranteed. Whether mold develops depends on several factors, including the severity of the water damage and how quickly the area is addressed. To prevent mold, you must act fast—ideally within the first 24 hours. The process involves cleaning up all standing water and thoroughly drying the affected area. If the damage is extensive, the cleanup was delayed, or you suspect mold might be present, it is safest to assume it has grown and contact a professional mold inspector or removal expert to assess the situation.

You can seal a concrete slab by cleaning the surface, filling in any cracks, etching the surface, applying a sealer, and letting it dry. Concrete slabs don't typically need sealing, but you can use a topical concrete sealer if you notice signs of water damage. If you haven't already fixed the cause of the leak, then you'll want to repair the plumbing before you seal a concrete slab.

While water in your basement is unlikely to make you sick unless it’s coming from a sewage backup, mold is likely to start to grow in wet areas within 24 hours, and mold can make you sick. According to the Centers for Disease Control and Prevention (CDC), inhaling mold spores can cause allergy symptoms, including runny nose, itchy eyes, difficulty breathing, wheezing, and itchy skin. Individuals with pre-existing respiratory issues like asthma and immunocompromised individuals are at an elevated risk of symptoms when inhaling mold spores.

Basements with persistent moisture problems or flooding shouldn’t be finished until the moisture issues have been fixed. In addition, if your foundation is cracked, you have unmitigated radon levels, or you have asbestos or lead pipes, remediate the underlying problem before finishing your basement. Turning a basement into living space before fixing these issues can lead to serious health risks or structural damage.