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.
Let’s look some different types of foundation repair methods and in what situations they might be better handled by a professional foundation repair specialist: This type requires one, or both, of two methods – either making the foundation stronger by adding concrete columns or by shoring up the beams with additional timber. This type of repair will help prevent further movement as well as stop additional decay to any damaged wood that already exists. The issue with completing a pier and beam repair is that this type of foundation typically only exists in homes with a crawl space. The accessibility is limited so it might be difficult for even a handy person to navigate. See extra details on Foundation contractor Colorado.