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Does foundation repair affect home value? Foundation issues will bring down the value of your home. How much depends on the extent of the damage. As a very rough estimate, significant issues can bring down the value as much as 10%-15%. On the plus side, 10%-15% of a $250,000 home is $25,000-$37,500. As we’ve seen, the average cost of repair is significantly lower than that. Make the right deal and you can save a nice chunk of change. Another thing to consider is that some buyers will get nervous just knowing the house had issues in the past. You might be comfortable buying the home and doing the work, but you may have trouble getting full value from it when it’s time to sell.
We design world class Solutions for our customers. However, these Solutions still need to be looked at and verified by an engineer. We hire third-party engineers who are independent from our firm. Their professional confirmation helps to put your mind at ease and insures that our foundation repair solutions are appropriate for your home’s unique circumstances, whether it’s situated in Colorado Springs, Pueblo, or Denver.
At first, a minuscule crack in the wall or the slight buckling of the foundation might not seem like an immediate problem for your home. Minor issues are often overlooked and neglected—until the problem becomes much larger and compromises the overall stability of your home. The best defense against escalating expenses is to scan for potential signs of foundation damage and address these issues as soon as they appear. Many of these signs often manifest in other parts of the home, usually several levels above the underlying foundation.
If I discover a foundation issue, how fast do I have to act? Timing on making repairs is critical if the issue is a serious one that involves rebuilding any part of the foundation wall. The structural integrity of your home could be impacted and that’s a safety issue for everyone inside. Those repairs should be done as soon as possible. In other cases the situation is less dramatically dire. Though it might not sound less dire. Because many homeowners will see cracks within days of a new foundation being poured or constructed! A drier or wetter concrete mix can take more or less time to cure but a typical cure happens in about 10 days. Mother Nature can do some interesting things during those 10 days. Remember, water plays a big part in your foundation for better or worse. See extra details at Basement waterproofing Colorado.