Is your home showing signs of foundation issues such as cracks, sinking floors, or doors that won’t close properly? If so, you may be in need of foundation repair. However, the thought of the cost involved in fixing a foundation issue can be daunting. Here is the ultimate guide to foundation repair costs and what to expect.
The first step in determining the cost of foundation repair is to have a professional inspection done. A foundation repair contractor will assess the extent of the damage and the underlying cause of the issue. This inspection will help determine the best course of action and provide an estimate for the repair work.
The cost of foundation repair can vary greatly depending on the severity of the damage, the size of the home, the type of foundation, and the method of repair needed. On average, foundation repairs can range from a few thousand dollars to tens of thousands of dollars.
Some common methods of foundation repair include:
– Slabjacking: This method involves pumping a grout mixture underneath the foundation to raise it back to its original level. The cost of slabjacking can range from $500 to $1,500 per hole.
– Piers: Piers are steel pipes driven into the ground to support the foundation. The cost of pier installation can range from $1,000 to $3,000 per pier.
– Waterproofing: If your foundation issues are caused by water damage, waterproofing may be necessary. The cost of waterproofing can range from $2,000 to $7,000 depending on the extent of the damage.
It is important to note that foundation repair costs can quickly add up, so it is essential to address any issues as soon as they are noticed. Ignoring foundation problems can lead to further damage and higher repair costs in the long run.
When budgeting for foundation repair, it is important to factor in not only the cost of the repairs but also any additional expenses such as landscaping, temporary housing, or storage fees during the repair process.