The foundation is the base over which your entire house is built. Traditionally, they are made to last for years, but it doesn’t mean they can’t get damaged.
Problems will often start small. If you can fix them as soon as they appear, then you will probably avoid long term damage, something that won’t only cost you a lot of money but also pose safety risks for your family.
The sad thing is that a lot of people don’t have the expertise needed to spot foundation issues. When they finally manage to tell that something could be wrong down there, it’s more often than not already too late.
Here, we’re going to look at how much money it would cost you for foundation repair and how to get ready for the job!
Cost of Repairing Cracks on the Foundation
Cracks are probably some of the more basic repair projects you will deal with. The amount of money you spend on cracks will, of course, depend on how big they are.
Small cracks that require little labor to fix will cost on average $250. Larger cracks may cost up to $800 in total foundation repair cost.
However, cracks are an indication of bigger problems. Patching them up may not really fix the underlying issues. In most cases, cracks occur when the foundation starts to sink, which is actually another major issue that will need to be fixed right away to avoid even more property damage.
Cost of Repairing a Settling Foundation
Your foundation will start to sink in when the structure of the soil beneath it changes. In most cases, this is caused by the saturation of the soil substrate, on which the foundation sits.
Unlike the cracks, it takes an expert eye to identify settling. In that case, if you suspect that this may be the issue, you need to call in a professional home inspector for redress.
Settling is probably one of the most dangerous issues a house can have, since it has a massive effect on its structural integrity. As you can imagine, fixing will need more money than just your average cost to repair crack in foundation.
Depending on the extent of the damage, it could take between $500 and $3,000 to fix it.
Fixing Bowing Basement Walls
Bowing walls will require the installation of a reinforcement strip to fix them. In some cases, steel bars will also be included to make the reinforcement strips stronger.
On average, a single strip will cost you between $350 and $1,000. If you have several walls to fix, the overall cost might actually shoot up but it will all be worth it to avoid risking the structural integrity of your house.
Cost of Fixing Foundation Leaks
Leaks are also major structural issues in your foundation. On average, it will cost between $2,000 and $6,000 to fix them.
In most cases, leaks are caused by poor drainage around the foundation itself and also around the house. In that case, part of fixing the problem here will involve waterproofing the home to prevent the seepage of moisture in the future.
It will also involve the installation of an effective drainage system to ensure that water clogging is avoided as well, and this is the reason why the cost of these repairs is high.
The quality of your foundation has a huge effect on the structural integrity of your home. Even though they don’t get damaged that often, when they do, it must be fixed immediately.
The simple cost breakdown above should be a great introductory guide for people who have these kinds of issues and will help you budget accordingly depending on the repairs at hand. Remember, what really matters is that the issues are fixed as fast as possible.
Want an estimate of cost to repair a foundation issue in your house? Request a free quote today!