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How Much Does a Foundation Repair Cost? Factors Influencing the Cost of Foundation Repair

3 min read

Did you just find a crack in the foundation or notice that your doors and windows are not shutting properly? If so, there is most likely a problem with your foundation. This can be unfortunate, but you also want to be at peace knowing how much it will cost you to repair. You can talk to your contractor to know how much does a foundation cost. However, you should note that every foundation repair project is valued independently. A repair contractor will come to your location to assess your foundation and give you a precise estimate. The following are some of the things that could affect the cost of repairing your foundation.

Type of Foundation

The type of foundation on which your property sits is the first factor affecting the cost of the repair. Your foundation is either slab, piling, or pier and beam. Each foundation comes with a set of variables that affect the cost of repair. A professional foundation repair contractor will assess your foundation to determine the design and materials required for the repairs to give you an overall cost.

Soil Quality

Whether your soil is sandy, silt, or clay, its quality is a key factor in determining the stability of your foundation. Proper drainage also plays a vital role in determining the stability of the soil under your foundation. Improper drainage could cause your home to have a sinking foundation, hence costly repairs.

Structural Report

Before working on your foundation, a contractor will do everything required to assess the damage. The contractor will assess all the factors that determine your foundation’s stability to determine the scope of the repair project. You can expect to pay more for major repairs if the damage is extensive, unlike minor foundation repairs.

The Type of Contractor

The type of contractor you choose to handle the repairs will also determine the entire project’s cost. An amateur will charge you less, but they might not have what it takes to deliver quality work. They might follow shortcuts because they lack knowledge of foundation repairs. However, you can pay a premium for a highly trained, experienced, and reputable contractor, but it will be worth every dime in the long run. The foundation repair expert will use their skills and cutting-edge tools to assess the damage to your foundation and provide reliable repairs.

Resale Value

When repairing your foundation, the concern for home resale value might come up. You need to invest in premier foundation repairs if you want to give your home a higher value. This is because a buyer will expect you to disclose every renovation, including foundation repairs. In this case, choosing a professional foundation repair contractor will do you a big favor.

Most foundation repair experts offer free inspection services. You can have the professionals examine your house for any issues and act on their recommendations. The contractors will also help you understand how much a foundation costs, so you can have a precise budget in mind.

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