Sometimes the biggest issues concerning a property have nothing to do with home loans and mortgage rates. For many Canadian homeowners, one of those issues is basement flooding. This type of flooding is very common in many parts of Canada, and the damage it can do to a property should not be ignored.
Why do basements flood?
Unfortunately, basement flooding can be an issue in almost all seasons. Whether it be heavy rainfall or melting snow, the result can be a significant amount of water finding its way into a property's basement.
Cracked walls, plugged up drains, leaking downspouts, sewer cloggage – there are many reasons why water can end up where it doesn't belong.
Additionally, because basements are below ground, they are more susceptible to flooding from natural disasters than other parts of a home.