Foundation issues are the most common type of property damage. According to the National Association of Home Builders, foundation damage accounts for approximately 34% of home repairs. While foundation repair is the second-most expensive type of repair after major structural repairs, it’s a critical problem to fix. If left alone, these issues can lead to more serious structural problems, such as cracks in the walls or unstable chimney chases in the roof, which means more costly repairs.
The Cost to Repair
The U.S. Department of Housing and Urban Development estimates that repairing a foundation will cost between $5,000 and $25,000 for a typical house with a 4-foot crawl space and 2-foot basement wall. Foundation damage can be caused by a variety of factors:
• Improperly set footings
One sign of foundation damage is water intrusion. Keep an eye out for moisture stains or discoloration on the ceiling or walls, and check for mold growth near windows and doors. If you notice cracks in your walls or flooring, this could also mean it’s time to seek out a professional.
Foundation Repair Options
Temporary Foundation Repair: This repair option is cheaper because it doesn’t require demolition and reconstruction. It involves filling in cracks with mortar, waterproofing the soil around your home, and adding insulation.
How Can Foundation Damage be Prevented?
