Basement Flooding Issue - Am I being Ripped Off?

[Doug S.]

Hello,

I own a SFR in VA that has had a basement flooding issue with all the recent rain. Several tenants live in the house and the tenant who lives in the basement had to move to another floor because the water/likely mold is an issue. I've had several basement waterproofing contractors stop by to provide quotes on how much it will cost to prevent the basement from flooding. All recommend some type of water-guard device that will span 32 feet along one wall of the house that will collect/remove the excess water that is causing the problem. Quotes range from 5K - 20K.

Does anyone have any experience with how much this type of solution should cost? It will require almost the complete remodel of a bathroom and replacement of 1000 sq ft of carpet, on top of the 5-20K to solve the basement leak problem. It's difficult to find reliable reviews for the basement flood repair contractors.

Thanks!