Homeowners may think termite control services are expensive, until they review how long the treatment is effective or talk with a contractor about the cost to repair termite damage. Prevention can be much more cost effective than repairs when considering the following statistics:
- Each year, 600,000 homeowners in the U.S. report termite damage to their homes.
- Termites are responsible for approximately $750 million worth of property damage (not counting treatment costs) in the U.S. each year.
- Native species of subterranean termites (excluding non-native Formosan termites) cost U.S. residents an estimated $2 billion in control and repair costs annually.
The average cost of termite extermination services varies widely. Pricing depends on a number of factors, including the method of treatment, the extent and location, accessibility of the infestation, the size of the treatment area, the type of home construction, and the termite species that has infested or is likely to infest the home.
Generally speaking, fumigation services to control drywood termites cost more than direct wood treatments. Bait systems for treating subterranean termites typically cost more than termiticide treatments since bait systems require more frequent monitoring and inspections.
When using average termite control costs to compare estimates, make sure to compare more than just the initial cost of treatment. In addition, you should review ongoing costs, including the cost of inspections, cost to renew service agreements or termite bonds, and the terms and limitations of company guarantees.