The cost of repair probably is the most commonly asked question regarding foundation repair. Money matters, and it’s natural to want to know how much to plan on spending.
But there is a lot to consider when it comes to repairing your foundation. That’s why it is important for one of our inspectors to physically visit your house and look at exactly what is going on with the foundation.
Things like the extent of any damage, square footage and material usage also go into the mix. And our inspector will customize the solutions to meet your specific repair needs. No two foundation problems are alike, and our solutions are not “one size fits all. Every home is different and requires its own unique repairs. The inspector you meet with also will take your repair goals and budget into consideration.
To give you an idea, average home improvement spending typically is around $7,500, and most homeowners pay from $4,000 to $10,000 on foundation repairs. Some average foundation repair product prices are $1,000-$3,000+ per foundation pier, $500-$1,300+ for leveling/slab jacking, and $2,000-$6,000 for sealing/subfloor drainage.
Be sure to check with your insurance carrier if you are concerned with your repair needs and insurance coverage, as all policies are different. Some policies cover losses from fires, but many exclude coverage for issues like foundation cracks or settling. Coverage may kick in if the foundation has been damaged from other problems such as broken plumbing. (Source: SF Gate)
Can you put a price on your family’s health, safety, and happiness? When you choose to work with us, what you are really investing in is peace of mind.
You are closer than you realize to a safe and stable living environment for your family! We at Indiana Foundation Service would be honored to assist you during your foundation repair journey. Contact us now to receive a free cost estimate and start investing in your home’s foundation.