Foundation Repair Costs

It’s important to know that when it comes to foundation settlement, it can cause a lot of structural issues in your home. In fact, repairing a concrete foundation is indeed possible without having to worry about tearing it out and starting from scratch. Foundation repair is quite expensive, but if you’re properly educated about the various types of foundations and how to properly repair them, you’ll be able to find the right foundation repair contractor to get the job done fast, with great results and for a decent price.

Major foundation repairs generally require very expensive equipment, such as hydraulic piers that cost tens of thousands of dollars. For minor cracks though, you’ll probably pay around five hundred dollars, but on average foundation repair costs owners about 4 thousand dollars.

With that said, below we’ll tell you more about the main factors that impact foundation repair costs:

Foundation Problems

Foundations that have been improperly maintained, built on improperly compacted fill soils, compressible soils or expansive clay may suffer great damage as the foundation moves and settles. If you notice your doors don’t close properly or if your walls start developing cracks, then you should speak to a professional as soon as possible. If the damaged foundation isn’t repaired fast, then it may cause irreparable damage and make your home unsafe to live in.

In general, when you notice your foundation is damaged, the longer you wait, the worse the damage is going to get. Some people may think that repairing the foundation may help them avoid the problems that come along with it. However, if they waited too long before repairing the foundation, there’s a good chance their home has experienced various damages that may also need to be properly addressed. In most cases like this, a lot of the extra repair costs may be easily avoided if owners act fast.

Piering and Slabjacking

Lifting a concrete foundation that’s sinking can be done in 2 ways: slabjacking and piering. The latter involves placing supports underground in order to lift and eventually support the concrete. In order to use this method, the foundation repair expert needs to dig several feet into the ground so that he can strengthen the pier that needs to be placed under the foundation and eventually raised using hydraulics so that your foundation can be lifted back into place. If this method is considered, the repair professional needs to use multiple piers at various points under your property’s foundation.

When it comes to slabjacking, it involves pouring a grout mixture under the foundation so that it eventually floats it to its initial position. Depending on your foundation’s issues, the right repair method will be chosen by the repair professional.

If piering is required, you should know that this method is a lot more expensive since it involves excavating your premises and installing hydraulic piers. What’s great about it is that it’s regarded as a permanent fix and you won’t need to worry about it being compromised by further shifting of the earth or settling of the house.

Even though slabjacking is effective, there are chances it may be rendered ineffective if the soil around the property moves or if there are structural shifts to your property.

Home Resale Value

The main problem with foundation issues is that they may have a very big negative impact on your property’s resale value. Because of that, when you list it up for sale, you need to disclose any work done on the foundation. However, if you have hydraulic piers installed, that’s generally seen as a plus and it may positively impact your home’s resale value. In areas known to have soil issues or expansive clay, having hydraulic piers is actually sought after and is a solution that many people will eventually need to consider to safeguard their home against foundation issues.