Repairing home foundations is not just inconvenient — it is costly. When you call any contractor, you should first build up an estimate of the total expense it will incur. If you agree upon this quotation, with all the other factors involved such as time, materials, and labor, then the work should commence.
Estimates are drawn according to various factors. If it is a foundation repair, then contractors might calculate three hours to repair 100 square feet of area, using skilled and unskilled labor. The extent of deterioration is also taken into account. More dilapidated foundations incur more costs. In stone foundations, even the sizes of the stones matter. Small stones mean more joints in the foundation. Hence, repairing foundations with smaller stones is more dollar-pinching than with bigger stones. Estimates also depend upon the cause of the crack. Leakage cracks are usually more expensive as they require pumping provisions and usually replacement of the entire floor tiles. Not just the cost; even the time required for the repair would depend on these factors.
It is always wise to take at least three estimates before starting a job. Contractors usually give free estimates to prospective clients. Bear in mind that the cheapest estimate may not necessarily be the best deal. Take into account the material used and the strategy used for the repair work. An estimate might be higher just because the quality of job is better. Also verify whether a contractor has the necessary licenses if any are required. In various provinces, licenses are required if the cost of repair is above a certain amount, usually $30,000.
Costs are calculated by the contractors by taking into account the area to be repaired. Repairing a crack in poured concrete foundation may cost $400 to $800, depending on the extent of the crack. Affixing an entire basement floor would be something like $200 to $400. Replacing a deteriorated rod will cost about $60 per linear foot.
There are also other things that can be done along with the foundation repair. Some homeowners opt for pest control to be done at the same time. This costs something like $500 upwards. People may go for earthquake-proofing of their house by installing seismic anchor bolts. That would cost about $3000.
The total bill would, of course, depend on the area repaired. Foundation repair by professionals does cost a bomb, but it is the only option for people who lack the skills or time for a do-it-yourself job.
