Looking for the average cost of foundation repair? You came to the right place.
Foundation repair can be a big undertaking, but if done right, it can help make your home safe and stable.
Generally speaking, the average cost of pier and beam replacement is around $1500 to $2500. This includes shimming and any additional piers or beams replacement.
Keep reading to find out why price varies.
Why do Pier and Beam Foundation Costs Increase?
A major reason why pier and beam foundation costs go up is when temporary fixes are made to a structure, and these temporary fixes are of an inferior quality which eventually fails. This leads to additional damage such as more cracking and sagging and then additional expenditure to repair those damages.
Important Things to Keep in Mind
The most important thing to keep in mind when you want to ensure you don’t waste unnecessary money on repairs is to identify the core problem correctly. Instead of finding a short-term solution, it is imperative that the cause of the problem is identified.
For instance is the original pier spacing too large? Or is remodeling causing increased loads on the beam? Or is it a matter of the failure of a pier or the shims? All these must be clearly understood before any step is taken.
Why You Should Get Several Cost Estimates (Get an Average)
It is also extremely important to get several estimates with respect to the cost of the intended repairs as well as the repair method which is to be used. Research is very important at this stage. It is definitely not recommended that you go for the first quote and the first repair method that is suggested to you. Always do your homework so that you are able to make an informed decision.
Cost considerations are an important element of foundation repair since most homeowner insurance policies do not provide any coverage for foundations that are damaged. Homeowners can use home equity financing, but most would try to minimize the loans they take.
That is why homeowners need to know the different repair options that are available, estimated costs for all these options, duration of the repairs, etc. The goal is to find the most effective and the most affordable solutions.
Why Getting The Repairs Done on Time Matters
While cost is an important consideration, getting the repairs done in a timely fashion is equally important. It is generally not a good idea to ignore signs of foundations problems which could include creaking doors or doors that don’t close properly, cracks in walls, etc.
Delaying repairs not only make the home unsafe but may possibly increase your costs when you finally decide to get repairs. It is also possible that some elements may become irreparable if left neglected for too long.
The bottom line is that if there are issues with the foundation, they are unlikely to resolve on their own. That is why delaying does not provide any benefit. All you would end up doing is making the problems worse and your repair costs higher.
The Best Way to Identify The Necessary Repairs
The best way to identify the underlying cause of the problem is to get the home inspected and to obtain an inspection report.
Next, the homeowner should seek the services of a professional engineer as they can recommend solutions that would be most effective in solving the problem.
Once you have the inspection report and the engineer’s recommendation, then you can go to foundation repair companies to get estimates for the execution of the solutions recommended by the engineer.
Doing things systematically and ensuring the right professionals are involved at the right time can save you unnecessary expenditures in the long-run.
Basic Requirements for Your Foundation Repair
As far as foundation repairs are concerned, most would require underpinning by concrete or steel piers. While average costs vary depending on the depth and stability that is needed, on average piers six to eight feet apart, cost around $1000 to $3000 each while underpinning a single corner would cost around $3500 to $5000.
If the repairs in question require removal of landscaping around the home and if this would involve the use of heavy equipment, costs can increase accordingly, and the time-frame required completing the repairs could also increase depending on the changes needed and the work involved.
Foundation Repair Costs Depend on 6 Key Factors
Foundation repair prices are generally dependent on six key factors:
- Pier count
- Pier type
- Cost of labor and installation
- Type of repair method being used
- Extent of damage
- Client’s budget.
Different Methods Have Different Costs
The type of repair method that is being used can have an impact on the final costs.
Here are some of the different repair methods:
- Pressed steel piers or pilings
- Helical steel piers
- Pressed concrete pilings
- Drilled concrete piers
- Belled concrete piers
- Mud jacking
- Soil injection
- Drainage correction
- Urethane injection
- Root barrier
The important thing is to find the right people who can identify the right problem. If the groundwork is wrong, costs can escalate quickly.
When people opt for budget repairs that don’t solve the actual problem, they end up with more additional problems.
For example when treated wood is replaced with untreated wood or when cracked beans are braced with inferior whitewood or when softwood shims are used instead of steel etc. Make sure you hire people who know what they’re doing, or you could end up paying much more.
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