If you are in the process of remodeling or finishing your basement, you’ve already started weighing in on the costs. Finishing work, carpet and flooring materials, paint colors, decorating options – all of these take time and money. But what about protecting your investment from its inception? What about installing a home fire sprinkler system as a part of your finishing process?
Fire Sprinkler Cost
The average hardware costs of a home fire sprinkler system runs anywhere from $2 to $10 per square foot, or about the same cost as hardwood or carpeting for your floors. Yet because laws do not require the use of residential sprinkler systems, very few homes have it installed.
Also, the National Fire Protection Association (NFPA) continually shows that average loss is considerably less in buildings with sprinkler systems – almost 5 times less than the national average. A sprinkler system can begin putting out the fire almost as soon as it starts, which helps contain the damage to one location. Compare that to waiting minutes for a call to be placed to the fire station, and fire personnel to respond to the fire and begin procedures.
Preventing Fire Damage
So, if you’re planning a remodel, what are your thoughts? Is a home fire sprinkler system worth the price to help you protect your investment? We think so, considering that it can help save your property from future fire or smoke damage.