Let’s face it: No one dedicates mental real estate to the foundation of their home until they notice that something has gone horribly awry. By then, of course, it’s too late to prevent the damage. So the question is, “If I want to fix this, how much will it cost?”
Fixing your home foundation is never a cheap endeavor, but there are some factors that can affect the average cost of foundation repair. Here’s what you need to know.
If Your Problem Is Cracks…
If the main problem forcing you to call foundation repair companies is cracks, you may be in luck. If the cracks are vertical, they won’t cause much harm, but may still need to get fixed to avoid them growing larger. Horizontal cracks prove a much larger issue, as they may require wall reinforcement.
The average cost of foundation repair for vertical cracks ranges between five hundred and two thousand dollars. For horizontal cracks, it can get as high as four thousand dollars.
If Your Problem Is Sinking…
A sinking foundation has two possible solutions, depending on the type of foundation you have and the surrounding soil. Mudjacking is by far the cheaper option of the two with an average cost of about a thousand dollars. Installing support piers, on the other hand, can run you as much as fifteen thousand dollars.
Not sure what mudjacking is? You can reach out to a Foundation Repair company for further information to see if it’s right for you.
If Your Problem Is Erosion…
Erosion is a much more difficult problem to tackle, as it requires many solutions to get implemented away from the home foundation itself. You need to take care of the excess water and drainage that’s causing the erosion before investing in foundation repair services. This often involves installing new downspouts and gutters to move water away from your house and its foundation.
Depending on the amount of water your foundation has taken on, this can range anywhere from a thousand to ten thousand dollars.
If Your Problem Is Leaks…
Foundation leaks will require an immediate call to a repair company to seal them. The average cost of foundation repair when leaks are involved ranges from two thousand to ten thousand dollars, depending on the severity and cause of the leak.
If Your Problem Is Crumbling…
Once your foundation starts crumbling, it needs extensive repairs and reinforcement in order to continue supporting your house. As such, your costs can range anywhere from two thousand to fifteen thousand dollars on average.
So, What’s the Average Cost of Foundation Repair?
The average cost of foundation repair can vary widely depending on what caused the foundation damage and the extent of the damage itself. However, on the whole, you can expect foundation repair prices to sit between one thousand and ten thousand dollars. It’s far better to do what you can to prevent foundation damage from occurring in the first place, rather than having to pay for the cost of a new home foundation.
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