Is your construction business losing out on easy money?
You might not think so, but many construction companies are. They focus on getting hired to build new things but never think about the vast field of home repairs.
However, each year, 88% of homeowners end up making large repairs. The average cost to each homeowner is roughly $5,000.
That means nearly 9 out of 10 people could be in need of repair services, assuming they don’t do it themselves. That’s an incredibly large market.
If you’re not already doing so, perhaps it’s time to consider adding home repair services to your company’s repertoire.
Repair Services You Should Be Doing
Home repairs are a costly ordeal and most homeowners aren’t equipped with the knowledge or the capabilities necessary to complete the tasks themselves.
That’s where you and your business come in. Your construction business shouldn’t just be about building new things. You need to make your business available to all the repair services homeowners need.
While there are certain special projects such as plumbing and electrical work you may not be authorized to handle, there are so many other repairs your company is more than qualified for.
Keep reading for 10 common home repair services you should be capitalizing on!
1. Water Damage Repair
Water damage causes $2.5 billion dollars in damage in the U.S. each year.
From flooding to leaky pipes, the odds are against homeowners. In fact, almost every home with a basement will experience some form of water damage within the home’s lifetime.
It doesn’t take much for water to get into where it shouldn’t be. Additionally, leaking water often goes unnoticed until a lot of the damage is already done.
Water damage can be caused by:
- Negative drainage
- A high water table
- Leaking roofs
- Leaky pipes and plumbing
- Broken or malfunctioning appliances
- Leaky faucets
Offering water damage repair services could be one of the best moves you make as a business owner. You’re basically guaranteed work.
2. Dry Rot Repair
Dry rot is the cancer of common home damages. It’s most commonly known for breaking down and ultimately destroying wood such as window sills, door frames, trim, and siding.
Dry rot occurs because of constant exposure to the elements such as rain, snow, wind, etc. However, most people don’t know the magnitude of the forces at play against them.
Dry rot isn’t just a natural degradation of wood due to the elements, there’s also a fungus that develops and spreads like wildfire. The only way to get rid of it is to replace the affected area and treat the surrounding areas with a fungicide.
The dry rot repair cost can be pretty high. It’s best for homeowners if they take care of it sooner rather than later. It’s best for you if you’re the one they call.
3. Foundation Repair
Over time, many homes experience damage to their foundation, such as cracks or water damage due to unnoticed negative drainage. It can also be caused by poor soil quality and/or excessive moisture due to weather.
Smart homeowners know their foundation is vital to their home’s wellbeing and won’t wait around with repairs. Repair services can run up to $12,000 and are definitely something your company needs to be offering.
4. Roof Repair/Replacement
All it takes for a roof of any age to need repairs or replacement is a nasty summer hail storm. Some people who live in areas prone to summer hail end up replacing their roofs every couple of years.
If your construction company isn’t offering roof repair services, it needs to be. Each roof repair or replacement can bring in anywhere from $5,000 to $15,000, depending on the type of roof and materials.
5. Window Repair/Replacement
Accidents happen all the time with windows. Severe weather with wind or hail can cause windows to break, as can a kid throwing a poorly-aimed baseball. On the other hand, sometimes homeowners choose to replace all of their windows with higher quality, eco-friendly options.
No matter what the reason, your crew needs to be offering window replacement and repair services.
6. Drywall Repair
Drywall repair can be a large part of water damage repair. However, not all drywall damage is caused by water.
For example, lost tempers, pests, and fires can damage drywall leading to an expensive repair bill. Most homeowners will patch small holes themselves. However, many people don’t have the expertise necessary for large drywall repair projects.
Training your crew in drywall repair services could be incredibly beneficial to your company.
7. Driveway/Concrete Repair
Over time, it’s not uncommon for driveways and sidewalks to become cracked due to shifting foundations or growing tree roots. This can be a major thorn in the sides of homeowners.
Most lack the knowledge or experience necessary to make these types of repairs, big or small. Offering concrete and asphalt repair services could really help your numbers in the long run.
8. Deck and Patio Repair/Replacement
Many decks and patios remain completely unprotected from the elements all year round. While most homeowners are wise enough to use weather-resistant wood and sealing agents, nothing can stand up to years of rain, snow, ice, and hail.
People love their outdoor spaces and don’t want to see them destroyed. Offering deck and patio repair services can give your company an easy win.
9. Siding Repair/Replacement
A rough hailstorm can cause homeowners thousands of dollars worth of siding repair. Depending on the area affected and the type of material needed for repair, it can cost over $20,000.
Being the company people call for siding repair services wouldn’t be a bad thing, especially if you operate in an area prone to hail damage.
10. Painting and Sealing Repairs
Whether exteriorly or interiorly, offering painting and sealing repair services is a great way for your company to earn some easy business. Generally, most people don’t have the time or inclination to repaint the outside of their house.
Additionally, while it may be common sense to some, most people don’t know how to seal their own bathrooms, toilets, tiles, etc. For construction companies, however, it’s an easy job.
Take advantage of these low-overhead, simple home repairs for your team.
The Clock is Ticking
Every day you don’t have your team out there making these home repairs is a day you’re losing out on money and customers.
Start offering these repair services as soon as you can to capitalize on the vast opportunities they provide!