Foundation repairs costs are pretty open-ended… Unfortunately, there isn’t a set price on what it might cost you to repair your foundation. However, we do know that costs can range from a few thousand to many thousands of dollars, which can seem like a pretty penny to spend on your home.
If you have recently discovered signs of foundation settlement or have known for some time your house has settled, and are unsure if foundation repair is really worth the costs, Dry Basement® Foundation Repair is here to help.
What Goes Into the Cost of Foundation Repairs?
Foundation repairs can include a variety of solutions, from piers or underpins, to wall anchor systems and floor supports. No matter what solution is right for your home, Dry Basement® Foundation Repair has three key elements that we use on every job for successful foundation repair:
- Strength and stability. The right system for your home needs to be strong enough to withstand the pressure soil and water exert on your foundation walls.
- Proper installation.The right system for you will work only if it’s installed correctly. Our installation crews have been trained and certified by structural engineers licensed in Missouri, Kansas, and Iowa. They know exactly how to install the system so that it permanently repairs your foundation problem.
- Tailored solution.The right solution for your problem needs to be configured specifically for your unique situation. At Dry Basement® Foundation Repair, we’ve solved tens of thousands of unique foundation problems in the more than 42 years we’ve been in business. Our products are regarded by top testing engineers as among the best foundation products on the market.
There are numerous factors that go into putting a foundation repair plan together for your home. Every home is different. That’s why it’s important to schedule an inspection with one of our estimators. They have been trained and certified by licensed structural engineers. Our estimators will listen to your concerns and then talk with you, examine your foundation, and develop the best configuration to permanently solve your particular foundation problem.
So, are the costs worth it?
In all actuality, it still depends on your home and your end goal. If your end goal is to fix the problem and never have to worry about it again, then yes. If your end goal is to refinance your house so you can get more money out of it and even pull money out to redo the kitchen, bath or something else, then yes.
If your end goal is to sell the house as-is, get out as fast as you can, and make the most money, maybe not. However, your home can take a huge hit on equity when you try to sell a house with foundation problems. When you go to sell your house, if it has foundation issues, the banks won’t lend on it. You will have to focus on cash buyers or investors that can manipulate the value of your home. It’s better to get the foundation fixed and open prospects for all types of buyers.
You could, potentially, still find a good buyer even with foundation issues. But is it okay to leave that for someone else to deal with? That’s up to you.
What we do know is at the end of the day, you don’t want to run from foundational issues. Your house can suffer permanent damage and become unsafe to live in.
Are Foundation Repairs Right for You?
If foundation repairs sound like the right move for you, the next step to take is getting an estimate. It’s the best way to know what you are facing and the severity of the foundation damage. Be sure to look for a company that offers a meaningful warranty and financing options, like Dry Basement®.