Foundation Repair Costs: What Affects Them and Why There Is a Rise

As we delve into 2024, homeowners in North Carolina are increasingly facing the challenge of foundation repairs, a critical aspect of home maintenance. 

Foundation issues, if neglected, can lead to severe structural damage, risking the safety and value of your property.

The good news?

Understanding the cost factors and repair options can empower you to make informed decisions and sustain the longevity and integrity of your home.

The type of foundation, the extent of the damage, and the chosen repair method play pivotal roles in determining the cost. Additional factors like the size of your home, soil type, and accessibility also impact the final price tag.

In this comprehensive guide, we promise to navigate you through the foundation repair costs in North Carolina. 

We'll explore average price ranges, overview of signs and causes of foundation damage, why there’s a rise in prices, and provide insights on how to budget effectively for these repairs. 

Causes of Foundation Damage

Crack Repair

The most basic form of foundation repair involves addressing cracks in the foundation. These cracks can range from hairline fissures to more significant gaps. Techniques such as epoxy injections or hydraulic cement are often used for smaller cracks, while more extensive damage might require complex solutions like structural reinforcement.

Underpinning

When foundations experience significant settlement or sinking, underpinning is the go-to solution. This process involves extending the foundation depth or breadth to more stable soil or bedrock. Common methods include the use of helical piers or concrete piers, which provide additional support to the foundation, preventing further movement.

Slab jacking

Also known as mud jacking, this technique is employed when a concrete slab foundation becomes uneven or starts to sink. By pumping a mixture of soil, water, and cement beneath the slab, it is lifted back to its original position. Slab jacking is not only cost-effective but also minimally invasive compared to other repair methods.

Waterproofing

Often, the root cause of foundation issues is water damage. Waterproofing your foundation can prevent a myriad of problems, including mold, mildew, and further structural damage. Solutions range from simple sealants to more comprehensive systems like interior or exterior drain tiles.

Drainage Solutions

Improper drainage can lead to water pooling around the foundation, causing erosion and increasing hydrostatic pressure. Installing proper drainage systems, such as French drains or sump pumps, can mitigate these risks by effectively redirecting water away from the foundation.

Structural Repair

In cases where the foundation has sustained significant structural damage, more extensive repairs may be required. This can involve reinforcing the foundation with steel braces or carbon fiber, effectively stabilizing the structure and preventing further deterioration.

Looking for a company that excels in doing these jobs? Look no further. Call us today and we will answer all your queries. We also offer free estimates.

Typical Foundation Repair Cost

Factors Influencing Foundation Repair Costs

Several factors can influence the cost of foundation repairs, including:

Severity of Damage: More severe damage like large cracks, sinking, or bowing walls are more expensive to repair compared to smaller issues.

Type of Foundation: Different foundation types (like brick, concrete, etc.) have varying repair costs. Some may require extensive work, such as raising the house, which can significantly increase the costs.

Repair Method: The chosen method for repair (like mudjacking, underpinning, etc.) affects the cost. Some methods are less expensive but might not be as effective for certain problems.

Accessibility: Difficulty in accessing the damage site can add to the cost. For example, repairs below a deck might require additional work to remove and replace the deck.

Home Size and Age: Larger and older homes may incur higher costs due to the size of the foundation and the potential for more frequent repairs.

Soil Quality: Homes built on unstable soil are more likely to have foundation issues, leading to higher repair costs.

Permits and Testing: Most foundation repairs need permits, and often require soil testing, engineering reports, and inspections to ensure safety. These tests and permits add to the overall cost.

Type of Foundation Repair: Different types of foundation repairs (such as concrete slab repair, crawlspace repair, pier and beam repair, etc.) have varying costs based on the complexity and materials required​​.

Why Foundation Repair Costs Are on The Rise in NC

Increasing Demand for Foundation Repair Services

In North Carolina, the demand for foundation repair services has been skyrocketing in recent years. With the increasing number of homes being sold and the growing awareness of foundation issues, more and more homeowners are seeking professional help to address these problems. This Old House recently ranked High Point, NC as one of the top cities with the highest demand for foundation repair companies. This indicates the severity of the issue in the state.

One of the main reasons for the surge in demand is the aging housing stock in North Carolina. Many homes in the state were built several decades ago, and over time, the foundations may have deteriorated due to various factors such as soil movement, moisture intrusion, and structural stress. As a result, homeowners are now realizing the importance of maintaining a solid foundation to ensure the stability and safety of their homes.

Impact of Climate Change on Foundation Stability

With the increasing frequency and intensity of extreme weather events, such as hurricanes and heavy rainfall, the state's foundations are facing significant challenges. The combination of rising sea levels and increased precipitation puts additional pressure on the soil, leading to soil erosion and saturation. This can weaken the foundation's support and result in settlement, shifting, and cracking.

To address these issues, homeowners should consider the following:

Regular Inspections: Regular inspections help homeowners stay on top of the effects that weather and seismic activities have on their home's foundation. Inspections can identify early signs of damage and allow for timely repairs.

Proper Drainage: Ensuring proper drainage around the foundation is crucial in preventing water accumulation and soil saturation. This can be achieved through the installation of gutters, downspouts, and proper grading.

Foundation Repair Methods: Depending on the extent of the damage, various foundation repair methods can be employed, such as slab jacking, pier and beam repair, helical piers, and carbon fiber reinforcement. Consulting with a professional foundation repair contractor can help determine the most suitable method.

Climate-Resilient Construction: When building or renovating a home, incorporating climate-resilient design features can help mitigate the impact of climate change on the foundation. This may include elevated foundations, reinforced concrete, and proper waterproofing.

Rising Material and Labor Costs

The cost of construction materials can vary widely, especially due to supply shortages and high demand in the market. For example, the price of plywood has skyrocketed from $5 a sheet to as high as $65 a sheet in just three years. This inflation, coupled with supply chain issues and local market demand, directly impacts the overall cost of foundation repair.

Moreover, there is a shortage of skilled labor in the construction industry, leading to higher labor prices. General contractors are experiencing increased demand for their services, but there is a limited pool of skilled workers available. As a result, labor costs have significantly risen, further driving up the cost of foundation repair projects.

To accurately estimate the cost of foundation repair, it is essential to consider these factors and avoid relying on previous project costs. Each project is unique and may involve more extensive damage, additional materials, or extra labor. Additionally, the timeframe of the project and the price of materials in the current market should be taken into account.

Tips for Managing Rising Material and Labor Costs:

• Incorporate the higher cost of in-demand skilled labor into your budget if your project timeline depends on quick completion.
• Stay updated on market conditions and fluctuations in material prices to make informed decisions.
• Obtain multiple quotes from reputable foundation repair contractors to compare costs and services.
• Be prepared for unexpected costs and contingencies by setting aside a contingency budget.

Expertise and Experience

Look for a company with a proven track record in foundation repair. Experienced professionals are more likely to accurately diagnose and effectively resolve complex issues.

Range of Services

A company that offers a comprehensive range of services can handle various structural challenges, from minor repairs to major overhauls.

Quality of Materials

The durability of the repair work depends on the quality of the materials used. Ensure the company uses high-grade materials for long-lasting repairs.

Customer Reviews and Reputation

Check customer feedback and company reputation to gauge their reliability and service quality.

After-Service Support

Good companies stand by their work and offer warranties or support post-repair. This is crucial for long-term satisfaction.

Structural Works Group in Charlotte, NC, aligns well with these factors. They boast extensive experience in structural and foundation repairs, offering a range of services including crawlspace remediation and basement wall repair. Their commitment to using high-quality materials and techniques ensures durable solutions. Furthermore, their focus on customer satisfaction, evident from client feedback, and their after-service support make them a trustworthy choice for your foundation repair needs.