Does foundation repair affect home value? Foundation issues will bring down the value of your home. How much depends on the extent of the damage. As a very rough estimate, significant issues can bring down the value as much as 10%-15%. On the plus side, 10%-15% of a $250,000 home is $25,000-$37,500. As we’ve seen, the average cost of repair is significantly lower than that. Make the right deal and you can save a nice chunk of change. Another thing to consider is that some buyers will get nervous just knowing the house had issues in the past. You might be comfortable buying the home and doing the work, but you may have trouble getting full value from it when it’s time to sell.
There are several causes for the Foundation movement that occurs in and around your home. These causes are most commonly poor compaction, soil erosion and soil shrinking to expansion due to clay content. All of these causes are a direct result of the soil under your home and its temperature and water content. All of the solutions that we offer deal with eliminating or by-passing these causes.
At first, a minuscule crack in the wall or the slight buckling of the foundation might not seem like an immediate problem for your home. Minor issues are often overlooked and neglected—until the problem becomes much larger and compromises the overall stability of your home. The best defense against escalating expenses is to scan for potential signs of foundation damage and address these issues as soon as they appear. Many of these signs often manifest in other parts of the home, usually several levels above the underlying foundation.
Foam jacking, mud jacking, slab piers or total replacement are the only options for repairing a slab foundation. A slab is generally found in areas where the underlying soil can be graded flat without worrying about the elements of nature impacting the soil or foundation. For example, slab foundations are common in the southwest U.S., where I now live. Because the entire foundation is buried underground, any of the 4 fixes are best handled by a contractor. For homeowners who want to take action, however, preventative maintenance of watering can help avoid issues in severe drought conditions. For foam or mud jacking the material (polyurethane or grout) is pumped in to make sure a settled slab is leveled back out again. The cost can range from $3 – $10 per square foot. Piers are the most invasive and usually the most costly repair option as the concrete must be jammed into the ground and the slab jacked up on top of the piers. Slab cracks can happen and then the foundation is broken beyond repair. Replacement can cost over $30 per square foot and since the entire foundation must be removed and replaced, the disruption is at maximum levels. Read extra details at Foundation repair Colorado.