Top 5 Homeowners’ Concerns About Foundation Problems
An estimated 25% of homes in the U.S. will experience structural distress such as foundation damage in their lifetimes. As a homeowner, there is a chance you will encounter foundation problems at some point.
When you notice a potential problem with your home’s foundation, it is normal to have some concerns. The good news is that most foundation issues can be fixed if you detect them early and take action promptly.
Here are the top five concerns we see:
1. How Much Will it Cost to Fix My Home Foundation Problem?
Foundation repair projects can end up being costly. This is particularly true if the damage to the foundation is severe or extensive. Also, mistakes and delays could contribute to cost overruns. As such, it is perfectly understandable why you may be concerned about the cost of fixing the problem.
You want the repairs to be done in the most cost-effective way while still ensuring exceptional quality of work. Preparing financially will go a long way in making sure the repairs are successful.
What You Need to Know
On average, homeowners pay $4,500 to repair foundation issues. Some factors that affect the final cost include the type of foundation, soil quality, the size of the building, and the existing damage to your foundation.
There are several steps you can take to reduce the cost of repairs. First, be sure to get the issue fixed as soon as possible to prevent it from getting worse. It is also important to create a budget, use quality materials, and hire the right professionals for the job.
2. How Long Will Foundation Repairs Take?
A foundation repair process can be disruptive, destructive, and time-consuming. Although you can stay in your house during foundation repairs, there may still be some disruption to your routine.
During this period, you will also be letting strangers into your home. Depending on where the problem is, there could be disruption to landscaping. As a homeowner, you are bound to wonder how long it will take to get the issue fixed. You will also want the repair work to be completed in the shortest possible time.
What You Should Know
It typically takes one to three days to complete a residential foundation repair project. However, the job may take longer depending on the extent of damage, the size of your home, current weather conditions, as well as any plants surrounding the foundation. Once your repair contractor assesses the damage, they will be able to tell you how long the repairs are likely to take.
To make the process more bearable, you will need to prepare mentally. Also, the importance of working with a reliable contractor cannot be overemphasized.
3. Will Making Foundation Repairs Affect My Home Value?
Problems with your home’s foundation will affect the structural integrity of the building. This will, in turn, have an impact on the value of the property. In fact, most foundation issues can reduce the value of your home by 10% to 15%. This is something that causes many homeowners to worry. However, not all foundation problems will impact the value of your home. The effect that a specific issue has on the resale value of your home will largely depend on the type and severity of the damage.
What You Need to Know
A home foundation repair will help to preserve or even increase the value of your property. As such, it is critical to ensure that the job is done properly so that your foundation is in good shape. Consider talking to your repair contractor about the best repair method.
You will also want to ensure that the repairmen use strong and durable construction materials. Whether or not you plan to sell your home, a home foundation repair will be a worthwhile investment.
4. Will My Home Fall If I Don’t Repair the Foundation?
Serious foundation issues will compromise the stability of your home. In extreme cases, a damaged foundation will cause problems throughout the home, a factor that can contribute to the collapse of the building. Such problems will put your property at risk and pose a serious safety threat to the occupants. It is not surprising that this is among the top homeowners’ concerns when they notice foundation problems.
What You Should Know
You should never ignore any signs of foundation damage. As soon as you notice a problem, get a contractor to assess the damage. This will help determine the nature and extent of the damage, making it possible to establish whether it affects the stability of your home.
A competent foundation repair expert will suggest the best course of action. They will then work hard to restore the foundation. Proper repairs will go a long way in ensuring you enjoy peace of mind, knowing that your home is stable and safe.
5. Who Do I Choose for Foundation Repair?
Only professional repairs will ensure the foundation of your home remains in tip-top shape. As such, you cannot entrust the responsibility of fixing foundation problems to just anyone. However, it can be difficult to know the person who will get the job done correctly the first time around. So, who exactly should you use for the repair?
When you notice problems with your home’s foundation, you should hire a professional foundation repair company. This way, you will be sure that your project is in competent hands.
What to Look for in a Foundation Repair Company
Considering the numerous options available, picking a good foundation repair company can be challenging. The good news is that doing your due diligence will make your work a lot easier. When choosing a foundation repair company:
- Look for a contractor with the right expertise and experience.
- Ask for credentials — this includes licensing and insurance information.
- Request references that you can contact.
- Learn about the company’s process.
- Choose a local company. A company near you understands local problems and will be in a good position to fix them.
- Ask for a price estimate and a contract.
Although foundation problems can be scary, fixing them is not as daunting as it may seem. Foundation repair is a common practice. However, to ensure quality work and have a less stressful process, be sure to hire a professional foundation repair company.
Alpha Foundations: Your Leading Foundation Repair Company
Since 2002, Alpha Foundations has been a trusted partner on thousands of residential and commercial projects, delivering patented solutions for foundation, concrete, and sea wall repairs and crawl space encapsulation. As an industry leader serving throughout Florida and Southern Georgia, Alpha Foundations is committed to providing its customers with the most trusted and respected foundation products and an exceptional experience through superior workmanship by its seasoned experts. To help with the cost of foundation repairs, Alpha Foundations offers free estimates and helpful financing options.
To learn more about our foundation repair services, give us a call at 800-714-3020.
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