How Much Should You Spend on Foundation Repair?
Homeowners today should expect to spend around $3,500 on average on Denver concrete foundation repair for 642 square feet of space. However, the actual cost can vary based on factors such as the type of solution and labor fees.
For instance, repairs that will require hydraulic piers can cost at least $10,000. Whether or not you’re looking at a steep price, avoid cutting corners on fixing foundation-related problems. Homes with repaired foundations can have a higher resale value by almost $$3,800 on average, which means you can recover your investment once you plan to put the property on the market.
Estimating the Price
Based on the average cost for an area of 642 square feet, you should expect to spend around $2,270 on the value of labor alone. An extra $120 will be necessary for job materials, supplies, and equipment allowance. Some types of problems might require a structural engineer’s knowledge to determine the actual cause. By hiring one, you might need to pay up to $600 for their services. Some professionals, however, only charge between $100 and $200 per hour so consider them for repairs that won’t take long.
You should hire a contractor as soon as you notice cracks on your drywall or uneven slants on the floor. These signs don’t necessarily mean that something’s wrong with your foundation, but you can’t be sure until you hear from an expert.
Types of Repairs
Hiring a professional also becomes necessary to know the right solution. In Denver, concrete foundation repair can be done with either mudjacking or foam leveling. Take note that foam leveling is the better choice for load-bearing parts of the foundation, although you will have to spend more on this service.
If you have a pier-and-beam foundation, the contractor might recommend a steel replacement or adding more piers to support the system. Moisture-related problems will likely prompt the contractor to suggest a better drainage system to keep water away from the docks. On the other hand, basement foundation repairs can be the most expensive as it can bow, crack, leak, settle, and sink. Whatever the repair may be, when considering foundation repair in St Charles or in your local area, it is always best to consult with foundation repair experts and get the job done professionally, as even a small crack can become a big problem later on, which you will want to avoid.
Cost Per Service
Each type of repair will also cost differently. Cracks usually range from $250 to $800 to fix, while fixing leaks cost between $2,000 and $6,000. These two types of problems are sometimes related, as cracks eventually serve as an entry point for moisture.
If your problem involves bowing basement walls, you might have to spend up to $1,000 per reinforcement strip. Bowing often indicates poor soil conditions beneath the foundation. You can choose between carbon fiber and steel to reinforce the walls.
In the end, foundation repair in Denver can cost as low as $3,500, but some homeowners can spend between $4,000 and $5,200 for this service depending on the problem. Repairs to your foundation isn’t a DIY project, so make sure to ask at least three different contractors to determine the best approach. If possible, choose a licensed and insured contractor who specializes in a full range of residential construction work.
