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The most important thing to understand about basement water damage repair cost is that it depends on many factors. We can outline the general costs of water damage restoration, but DIY basement cleanup costs can also include:. Portable utility pump - $70 to $250; Large-diameter discharge hose - $50 to $100; Residential dehumidifier - $70 to $250; High-capacity dehumidifier - $800 to $1200. The replacement procedure will vary depending on whether the pump is driven by the timing belt, the serpentine belt, or chain. On a cold engine, the engine coolant is drained to a level below the water pump. Components that require removing to access the water pump are removed, including the belt or chain that directly drive the pump.