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Are Foundation Repairs Worth It?

Are Foundation Repairs Worth It?

Foundation repairs can be expensive. In Houston, the typical homeowner spends between $3,500 and $8,000 on foundation repair, while some homes could need more work. If you have a few cracks in your walls you may be asking yourself “is it worth it”?

Foundation repairs are generally not covered by your homeowner’s insurance policy unless you have a special addition to your policy, or in some cases, if your problems have been caused by a leaking sewer line. Unless you are planning to soon sell your home “as-is”, the answer is yes: foundation repairs are worth the investment.

If you are planning to sell as-is, please be aware that many buyers may be too scared to purchase a home needing foundation repair, and you may end up getting far less than you would if you got the repairs done yourself. Also, many lenders will not offer a mortgage for a home with foundation problems.

Are you planning on living in your home for at least the next five years? Then yes, foundation repairs are worth the costs. Protect your investment in your home and prevent further damage to the structure.

Do you want to sell your home for top dollar? Many home buyers will not consider homes with foundation repair needs.  By having the issues fixed and backed by a strong warranty from a reputable company, you will be in a better position to sell your home for its maximum value. 

Are you trying to refinance your house? Your lender will most likely insist on a home inspection, and they may not approve your application to refinance if foundation repairs are needed. 

Leaving your home to your children? Better to take care of major issues like foundation repair so that they can enjoy the blessing you have left for them.  

Why Get Your Foundation Repaired?

A home is the largest investment most people will make in their lives and ignoring a foundation problem can lead to higher costs later.  The foundation problem can get worse, the roof and plumbing can be affected, doors and windows may no longer function or can break, and you may spend more fixing your cracked walls and brick.  Don’t ignore your foundation repair needs.  Consult with the experts at Dura Pier Foundation Repair if you think you might have a problem, and fix it before it gets worse.

How To Find the Right Foundation Repair Company

We recommend getting 3 bids for foundation repair. Be sure to check that bids have the same number of piers, the pier locations are similar, and be sure to compare the warranty fine print!  Not all foundation repairs are made equal, and if you choose the wrong company, you may end up having to redo the work.  Also, check to see if they have financing options. Dura Pier Foundation Repair offers several great financing options including No Payments, No Interest for 12 Months. 

Schedule A Free Foundation Evaluation Today