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17
Sep
2024

Understanding the Cost of Foundation Repair: What Homeowners Should Know

Cost of Foundation Repair

Have you ever noticed small cracks on your walls or doors that don’t seem to close properly? These might seem like minor issues at first, but they could be early warning signs of foundation problems. 

Did you know that foundation repairs can cost anywhere from $200 to as much as $52,500? Yes, that’s a huge range, and it depends on the severity of the damage and the type of foundation your home sits on.

So, what’s causing these problems? More importantly, how much will it cost you to fix them? 

Let’s explore the average foundation repair cost and the factors that affect it.

What Is Foundation Repair?

Before we dive into the cost, let’s first understand what foundation repair is. Your home’s foundation is the base that supports the entire structure. Over time, soil movement, water damage, or poor construction can cause the foundation to weaken or shift. This leads to issues such as cracks, uneven floors, or doors that don’t close properly. When these problems occur, foundation repair is needed to restore your home’s structural integrity.

The most common types of foundation repair include:

  • Crack Repair: Fixing small to medium cracks in the foundation walls.
  • Piering: Installing piers under the foundation to stabilize it.
  • Slabjacking: Raising sections of the foundation that have sunk into the ground.
  • Waterproofing: Adding protection against water damage to avoid future problems.

Each of these solutions comes with its own cost, depending on the severity of the damage and the method used.

What Is the Average Foundation Repair Cost?

The cost of fixing a foundation varies widely depending on the issue. On average, homeowners spend about $5,400 on foundation repairs. However, the final cost could be as low as $200 for minor repairs or as high as $52,500 for severe damage that requires extensive work. This is why it’s crucial to act quickly once you notice the warning signs.

Factors That Impact Foundation Repair Pricing

There are several factors that affect the cost of fixing foundation problems. Let’s explore these factors in more detail.

Labor Costs

Labor costs are a major factor in foundation repair pricing. Depending on where you live and the complexity of the job, you could spend between $45 and $200 per hour for professional services. For example, simple cracks in areas with a lower cost of living may be on the cheaper end, while extensive repairs in high-cost areas can run up to $200 per hour.

Materials Costs

Materials also play a big role in determining how much foundation repairs will cost. The materials you need could range from simple epoxy for crack repairs to more expensive items like new concrete or drainage systems. For example, epoxy and wall repair kits range from $35 to $575, but more extensive repairs requiring new pipes or concrete could cost several thousand dollars.

Foundation Repair Cost by Problem

Different types of foundation issues come with different costs. Here’s a quick look at the average cost range for common foundation problems:

Type of Foundation IssueAverage Cost Range
Cracks in the foundation$35 – $1,000
Sinking foundation$5,300 – $17,000
Foundation leak$2,000 – $7,300
Bowing wall$4,300 – $13,000
Shifting foundation$2,000 – $30,000

Cracks in the Foundation

Repairing small cracks is the most affordable repair, typically ranging from $35 to $1,000. However, larger cracks may require professional help, pushing the foundation repair cost to the upper end of this range.

Sinking Foundation

If your foundation is sinking, it can cost anywhere between $5,300 and $17,000 to repair. This issue usually occurs because of shifting or weak soil, which compromises the foundation’s structure. You might even need to bring in a soil expert, which can add another $75 to your overall cost.

Foundation Leaks

A leaking foundation can lead to water damage, making this issue both costly and urgent to fix. Repairing a foundation leak typically costs between $2,000 and $7,300, depending on the size of the leak and the extent of the damage.

Bowing Walls

Bowed walls are often the result of foundation settling or shifting soil, and the average cost to repair this problem ranges from $4,300 to $13,000. Steel or carbon fiber reinforcements may be required to strengthen the walls, with steel being the more expensive option.

Other Considerations: Permits, Inspections, and More

Before you start repairing your foundation, there are a few additional costs to consider.

  • Permits: Most foundation repairs require a permit, which can cost between $75 and $150 depending on your local regulations.
  • Foundation Inspection: Getting your foundation inspected is essential before any work begins, and it typically costs around $600.
  • Soil Testing: If you suspect that soil instability is contributing to your foundation problems, soil testing may be required, costing between $500 and $3,000.

Signs You Need Foundation Repair

Wondering if your home’s foundation needs repair? Here are some common signs:

  • Cracks in walls or floors
  • Doors or windows that stick
  • Water pooling around the foundation
  • Bowing walls
  • Uneven or sloping floors

If you notice any of these warning signs, it’s important to act fast. Delaying repairs can lead to even more damage and higher foundation repair costs.

DIY vs. Professional Foundation Repair: Which Is Better?

Some homeowners might wonder if they can handle small foundation repairs themselves. While there are some minor repairs that can be done as DIY projects, such as filling small cracks, most foundation repairs should be left to professionals. Here’s why:

  • Expert Knowledge: Professional contractors have the knowledge and tools to accurately diagnose and fix the problem. A DIY fix might only address the symptoms, not the root cause.
  • Safety: Working on your home’s foundation can be dangerous if not done correctly. Improper repairs can lead to more damage and even compromise the safety of your home.
  • Long-Term Durability: Professional repairs are more likely to last. Many companies also offer warranties, giving you peace of mind.

If you’re unsure whether you need professional help, we recommend getting an inspection. 

Is It Time to Repair Your Foundation?

Do you want to protect your home’s value and avoid hefty foundation repair costs in the future? Catching foundation problems early can save you thousands of dollars. Are you ready to get started? 

Contact us today for a professional inspection, and let’s discuss how we can help you avoid expensive foundation repair pricing. What will you do to secure the safety of your home today?

Ready to take action? Contact us now for a foundation and crawl space repair consultation.

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