The cost of foundation repair can vary wildly from just a couple of hundred dollars to well over twenty-thousand dollars. It really all depends on the type of foundation you have and the extent of the damage. For this reason, getting an average is really sort of meaningless. Your damages could be at either end of this spectrum or somewhere in the middle. It just takes an expert evaluation to find out where you stand.
There are a number of ways you can tell you have foundation problems. If your floors are uneven and/or your walls and ceilings are cracking, that’s a good indication of trouble. Doors that stick or drag on the floor provide another clue.
In order to have the right work done to truly alleviate your foundation problems, you must engage the services of a structural engineer. This professional will inspect your foundation and give you a detailed diagnosis. The services of this sort of professional may cost you between $300 and $800; however, it is money well spent that will save you money in the long run.
If you do not have a professional inspection performed, you will not know what is really wrong with your foundation. You might end up throwing good money after bad having one thing and another fixed without ever getting to the root of the problem. While many professional foundation repair companies claim to be able to do this inspection and analysis, it is really best to have it done by an impartial third party who has no vested interest in the repair work you will have done.
Generally speaking, you can expect to spend between $3000 to $10,000 on foundation repair, but as stated, this is really just a guess. The exact amount is extremely dependent upon the type of foundation being repaired and the precise repairs necessary. Additionally, the size of your home and the materials being used for the repairs will play a role in determining your overall costs. If you have a big house with lots of foundation damage, naturally it will cost more to repair than a smaller house with minor damage.
The type of foundation you have makes a big difference, too. For example, if you have a pier and beam style foundation, the number of piers necessary to make the repair will greatly determine your costs. Each pier or piling may add as much as a thousand dollars to your estimate. A slab foundation repair project will typically be more expensive.
It’s easy to see that foundation repair is not a cheap undertaking. For this reason, you should carefully research foundation repair businesses and get estimates from several before settling on one. Be sure to give each company the same information so that you will get truly comparable quotes. You may be surprised by how much the estimates vary from one company to the next.
Question each company closely about the methods of repair used. This may also vary greatly from one company to the next and may account for the disparity in estimates. You want to be sure that the repair you are paying for is the right repair for your situation and that it will last. Otherwise, you might find yourself in exactly the same spot in a very short period of time.
Be sure to make the most of your foundation repair dollar by hiring a structural engineer to provide you with a professional, third party assessment of your damages. Then be certain to interview a number of professional foundation repair companies with good local reputations. Taking these extra steps may take some time and care, but it will be well worth it in the long run.
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