What Determines Foundation Repair Cost?
Determining the exact foundation repair cost can be challenging because there are many variables that determine what should be done, how it should be done, what will be required and the duration that it will take. However, hiring professional repair services is very important regardless of the cost in ensuring a stronger foundation and a secure house. Although a home can go for a long duration without foundation flaws, cracks and leaks might start appearing later. This is when foundation repair services come in. Calculating the average cost of having your foundation problems fixed is always important.
Average cost of foundation repair
On average, foundation repair cost of a house ranges between 5,000 dollars and 7,000 dollars. This cost is based on the assumption that there will be no additional problems that will require fixing during the repair process such as plumbing. It is also important to note that there are jobs that can cost as low as 2,000 dollars while complex jobs may cost as much as 14,000 dollars.
Some jobs are aimed at preventing major damages from occurring instead of waiting for them to happen then come up with a solution. Preventative jobs may not cost a homeowner much like reactionary ones. However, ignoring a foundation problem will leave it to escalate and repairing it will cost more because other problems will also show up. Such problems include cracks on the walls and floors.
The type of your foundation will also determine the amount of money you will pay for repair services. Major foundation types are t-shaped, pier and beam, and slab foundations. These foundations have different designs and repairing them requires varying types and amount of materials. This causes a variation in the amount of money that one pays for their repair even if they have a similar square footage and damage.
Size of the house
Size of your house will greatly influence the foundation repair cost that you will incur. A larger house has a foundation that may need more material to repair than a smaller one. Structure of a large house is also complex which might require more time investment in repair. Thus, the size of your house will determine the amount of money that you will pay for repair services.
Different providers of foundation repair services charge their clients varying amount of money for their services. An experienced professional is likely to charge you more for their service. This is because they will deliver efficient and quality services. A new company may charge you low prices to woo you so that you can go for its services.
Although the cost of repairing a foundation may be substantial, a home is one of the biggest investments that one can have. These repairs can play a very significant role in keeping a property stable and marketable. Therefore, if you notice indications of foundation problems such as cracks, leaks and jamming windows, it is advisable that you seek professional assistance. This will ensure that your property is inspected properly to identify the cause of the problem and determine the foundation repair cost that you will incur to have it fixed professionally.