Foundation Repair and Your Wallet

calculator on pile of paper banknotes

When it comes to foundation repair, one of the first questions asked is:

How much is this going to cost?

 There is no simple answer here. What is clear is that your home is your most valuable asset and must be preserved and protected. Investing in foundation repair when needed is very important, and if repaired early, can save the cost of larger repairs in the future. In fact, a properly repaired and maintained foundation can save expensive repairs to other areas of your home, such as the roof, the plumbing and sewer system, doors and windows, tile floors in kitchens and bathrooms.

To determine the most cost-effective way to correct foundation problems, it is important to repair the foundation right the first time. All estimates you get should be from companies that are Certified Foundation Repair Specialists (C.F.R.S.)’s through the National Foundation Repair Association. These industry professionals are highly trained and experienced and must receive continuing education hours each year to maintain their certification. Their inspections are more thorough, repair plans are designed correctly, and the repairs last much longer than quick fixes by minimally trained individuals.

But you want numbers, right? There is much more to the cost of foundation repair than just the number of piers multiplied by the cost to install each pier. Foundation repair can create quite a mess. You should find out who is responsible for the landscaping, the large piles of dirt, and look at pictures of the concrete patches that will be repaired. Who removes and re-installs pavers, bricks, or wood decks? If interior pilings are installed, who will move your furniture around as needed and protect your furniture and belongings with plastic? Who will re-stretch your carpets? Does the company have pictures of previous jobs? Who adjusts your doors to operate properly?

One of the most important components of foundation repair cost is the longevity of the repair. If you choose a repair method that only lasts a few years, your initial savings of cheap piers could evaporate quickly with the recurring costs of repairing your walls, floors, and doors on a regular basis plus the cost to redo the foundation repair. It is very important to find out what kind of pier system will be installed. Ask if they connect the concrete blocks and how it is done. Unconnected, or loosely connected blocks won’t last long in Houston area clays.

Another important consideration of total cost is the terms of the warranty. Almost all Lifetime Warranties are transferable to future owners. However, you absolutely need to read the terms below the headline. Buried in the fine print can be wording that can cause your warranty to become voided. Some of the common reasons warranties can become void are if the warranty is not transferred within some short period of time, such as within 30 – 90 days, and a transfer fee is paid. If the new owner forgets to transfer within this timeframe, they lose the warranty. Another common reason warranties can be voided is for water issues. If your sprinkler system, plumbing, or sewer system begins to leak one day, which it probably will, you can lose your warranty. Many companies are just looking for a reason to void your warranty. The simple solution is to not buy a warranty that can be voided. Also, some warranties only offer free adjustments on piers for a year, not for the lifetime of your home.