“How much does it cost to fix a sinking house?” This is the question every homeowner, in and outside New York City, wants to know.
The answers are available below. Though let me remind you these numbers are only estimates. These numbers also vary, depending on the following variables:
Location – Where do you live? Do you live in the city or suburbs?
Extent of the damage – What type of foundation does your house have? Is it a slab? Is it a crawl space or a basement? What are the possible causes of sinking? What other foundation problems does your house have?
The number of the quality tools needed for the project – How many bags of new concrete does the project need? How many steel piers are needed?
The number of professionals needed for the project – Did you know that a team of foundation repair experts usually consists of a certified engineer, an experienced inspector and a group of repairmen?
HomeAdvisor conducted a survey to its 1,064 members. These members are asked to complete a short cost survey and after organizing the data, the website reveals that:
$900 – The minimum cost of a sinking foundation repair.
$10,000 – The maximum cost of a sinking foundation repair.
$4,442 – The average cost of a sinking foundation repair in a national area.
Between $3,558 to $5,328 – The cost which most homeowners spend to repair a sinking foundation.
Between $3,000 to $5,000 – The estimate cost of repair and concrete pour.
Between $800 to $1,000 – The estimate cost of latex and caulking pour.
$400 – The cost of repairing a piece of slab in a foundation.
Between $5,000 to $7,000 – The estimate cost of repairing an entire slab foundation.
Between $300 to $500 – The estimate cost of a professional inspection.
Between $500 to $1,000 – The cost of a soil test conducted by a Geotechnical Engineer.
$3,500 – The cost for “underpinning” the concrete.
$1,000 – The additional labor cost for “underpinning” the concrete.
Those are the numbers; hopefully, it answers your curiosity. Yet, it isn’t enough. Should you need more information, it’s highly recommended to shop around, ask for more estimates and of course, ask for discounts.
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Photo Credit: Flickr