Get matched with top earthquake retrofitting specialists in Raysal, WV

Many homeowners want to know whether earthquake retrofitting is tax deductible. Because it’s often considered a capital improvement, you usually can’t deduct it. In some cases and locations, you may qualify for tax incentives, but you’ll need to talk to a tax professional or the Internal Revenue Service (IRS) about your specific circumstances. You may also be able to find grant money for seismic upgrades, which can lower the cost of your insurance premiums and save money over time.

A home with proper earthquake retrofitting can sustain minimal damage in earthquakes of up to 7.0 magnitude, although risks are higher based on how close and deep the earthquake is. A home closer to the earthquake epicenter will sustain greater damage, especially if the earthquake is closer to the surface of the Earth, but retrofitting can help minimize the risk of injuries.

Projects will vary based on size and scope, but an average earthquake retrofit takes between two weeks and two months. This includes the initial evaluation and plan, bidding and contract paperwork, permitting and approval process, actual work, and final inspection. Your contractor should give you a more accurate time estimate for your specific project, and they may be able to estimate how long the permitting process will take for your area.

First, you can expect the project to be loud. If you have pets, you might want to take them to a friend's house during the day so they are not disturbed by any of the loud noises. In addition, you’ll need to provide the retrofit team access to areas of the house that will need to be worked on, meaning you’ll need to relocate personal items, clear clutter, and make pathways for the crew. Once the project is complete, a local building inspector will conduct a final inspection to ensure that the retrofitting is up to code.