Foundation problems are easy to detect in older homes and some newer ones as well. Floors that shift, cracks in or sheetrock and tiles, and doors and windows that are hard to open are all signs that your home has foundation problems, and may require repair before literally destroying your home. It is extremely important to determine the cause of your foundation problem.
Just hiring a structural engineer to conduct an inspection and supply you with a report can cost anywhere from $300 to $800 just by itself. However since soil is the root of most problems, you may need a geotechnical engineer to obtain a soil report. The price can vary anywhere from $500 to $2,000, depending on the difficulty of the problem and the extent of detail that is needed in the analysis.
Even a poured concrete foundation with a simple crack reflecting the amount of damage can cost between $400 and $800 to repair. Your complete basement floor can be replaced for a mere $200 to $400 more. However, the price shoots up in areas at risk for earthquakes, with you paying $1,500 to $3,500 or more to have anchor bolts installed geotechnical site investigation to reinforce the foundation.
Some foundation repairs require adding either concrete or steel piers to deeper, more stable soil to support the foundation.
The price reflects which type of pier installed, the depth they have to go before reaching soil that is stable enough to hold, and the labor wages for a worker in your area. For just a single corner of your home to have support piers set can run $3,500 to $5,000 or even more.
When placed between six and eight foot apart usually, at $1,000 to $3,000 for just one the price of piers can add to the bill that seems to never quit rising. A common house with average amount of damage to the foundation often start off around $8,000 to $12,000 but can top off as high as $20,000 to $30,000, foundation repair costs are not cover by most homeowners insurance policies.
Often there is assistance available for financing the cost of your repairs, to help you protect the value of your home. By fixing the problems correctly the first time you can prevent further damage due to your foundation issues from reoccurring. Sheetrock repairs just hide the damage; it does not fix the true problem.
Always call a reputable Foundation Engineer to guarantee that you are getting the best service for your money.