We admire gorgeous homes displayed in lifestyle magazines and featured in videos. But no matter how pretty a home may be from the outside, the inner workings of the house have some of the biggest impacts on its value. This is especially true in the case of your foundation.
If you’re looking to invest in a home, you need to ensure that it can stand the test of time through meticulous foundation repair. If you plan to sell off your home and assign a high sales price, then your structure must have a strong foundation. Whatever your personal case may be, proper foundation repair will benefit you in the long run.
Here are ways that foundation repair can boost your home value:
1. Lowers the Risk of Future Structural Problems
The foundation of your property is an integral part of its structure. If it’s weak, it can cause major damages in key areas around the house. If your home has issues, this will lower the value.
When it becomes time to sell the property, you can set a higher price when you know there are zero foundation issues. Being vigilant in foundation repair elevates your property value, and you can also feel safe in the knowledge that your home is protected.
To get started, you need to arrange for a professional foundation inspection with a trusted company. By being acquainted with the overall health of your foundation, you’re able to decipher if there’s any need for damage repair. At Granite Foundation Repair Inc., our customers can trust in our expert guidance, and we guarantee that damages are addressed at their core.
We aim to help our clients understand the condition of their foundation. Some properties may look stable and firm on the outside, but it’s vital to know the real structural state of the property. You want to avoid the risks that result from weak foundations, eliminating future worries and stress that it can generate for you.
If you find yourself hesitating about the logic of a foundation inspection because you hardly see any signs of any damages or property defects, keep in mind that it’s always better to be aware of your foundation’s state. The signs of disrepair may not be very visible yet. Being open to a foundation inspection lets you stay ahead of any potential issues.
As a property owner, you are conscious of repair expenses. Foundation damage can be costly when foundation problems have gone undetected for a long time. If the inspection outcome reveals that foundation repair is required, then locking in a foundation solution quickly helps maintain the integrity of your home. It’s also cheaper if you fix foundation problems early on compared to if you let the damages continue to get worse.
Though you might not plan to sell your place of residence, it’s still important to prioritize safety by being attentive to your foundation. Preserving the value of your home is equally essential since you never know if circumstances may change and you’ll eventually sell it.
2. Reduces Conflicts with Buyers and Sellers
Focusing on strengthening your home foundation will help you if you decide to sell your property. Rushing for foundation repairs when there are several buyer offers will only consume your time. It can stress you out and even dent your savings. It’s best to get right to the foundation repairs long before advertising the sale of your home.
If you skip the repairs and decide to market your home despite its foundation damage, it can be challenging. As a seller, it’s your legal duty to disclose foundation problems to prospective buyers. Once the house is sold, you would still be responsible for the repair work before turning over the unit. If the buyer agrees to be in charge of the repairs, this generally means adjusting the price lower since the value is reduced due to foundation issues.
Typically, lenders require buyers to have an appraisal of the property before approving a housing loan. If your property happens to have poor structural problems, then financing will be more difficult for the buyer. Lenders and buyers may have conflicts after the appraisal. It will be tough to close the property sale and the buyer may need to find more financing given the inferior foundation condition of your property.
Realistically, properties with damaged foundations will have a lower final sale price. You need to weigh the foundation repair charges and the selling price adjustments before finalizing your sales plan.
3. Prepares the Property for Subsequent Upgrades and Improvements
Inevitably, you’d want to renovate and remodel areas of your home. This is an instant boost in property value and Before you sell your property, you may want to renovate and remodel areas of your home. This is an instant boost in property value and comfort. It’s crucial you don’t have any foundation issues before you start your renovations. This is because if you happen to have foundation issues, it can eventually lead to shifting in your home that can ruin the renovations you made.
When you have a foundation checkup done in advance, you’ll have peace of mind knowing you won’t have any foundation issues that can ruin your renovations.
Set an appointment with a foundation repair company like Granite Foundation Repair Inc. before you start a renovation project. If foundation damage is spotted, then having it repaired before you update more features in your house is both easier and cheaper.
4. Differentiates Your Property From Others
Buyers will always check for curb appeal. If the exterior appearance is a letdown, then the value is expected to be lower. Some of the unattractive parts of your house can be traced as signs of foundational problems.
Spotting a tilting chimney or gaps around window frames can indicate damage due to the structural foundation. It’s best to have the root cause of the foundation issue fixed before allowing any potential buyers to view your home.
Ensure your home’s value has a bright future ahead by booking a foundation inspection with Granite Foundation Repair Inc. We conduct thorough foundation inspections and repairs to ensure your property is protected in the long run! Contact us today to learn more about our services. We’d be happy to answer any questions you may have.