It’s crucial to determine the exact nature of the problem. An inspection and report by a structural engineer runs about $300-$800; if needed, a soil report by a geotechnical engineer can be $2200-$3500depending on the complexity of the problem and the level of detail needed in the analysis. Repairing a simple crack in a poured concrete foundation can cost about $400-$800, depending on the extent of the damage. Poor soil causes the most damage. Most foundation repairs (helical piers or pushpiers)involve some form of underpinning — installing concrete or steel piers to support the foundation on deeper, more stable soil. The cost depends on the type of piers used, how deep they have to go to reach stable soil and local labor rates. Piers are placed 6-8 feet apart, and can cost $1,000-$3,000 each. Underpinning just one corner of a house can run $3,500-$5,000 and up. All needed repairs for a typical house with moderate foundation damage start around $8,000-$12,000 but can go as high as $20,000-$30,000. Many homeowners insurance policies do not cover foundation repairs, but financing is often available. |