Posted by Patrick Moreau on March 16, 2021 in Business
Everything you need to know about foundation repair today? When it comes to repair methods, trust that we have every known solution in our industry available to us such as foundation piers, helical piers, wall anchors, helical tie backs, epoxy crack repair, perimeter drainage systems, basement waterproofing in all forms and crawl space encapsulation. Providing you and your family a healthy stable dry home is our goal. Doing it cost effectively is your goal. We understand the balance between the two.
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.
This is a relatively new trend among buyers and one that you should keep in mind firmly when thinking about ways to increase your home’s value. Bigger is not better anymore. It is how the space functions that matter more now. Open floor plans that have the option of flexible living spaces are the most desirable right now. The two major aspects of your house that you can focus on for this are the attic and the basement. You can remodel them from anywhere in the range of $10,000 to $50,000, depending on your changes. This might seem like a lot, but the ROI that it will provide you by increasing the value of your home is worth it. There will be plenty of buyers lined up once they hear the terms granny flats, flex rooms, and upstairs laundry room. This can increase the value of your home by 5-8%.
Looking for a foundation repair company in Colorado? You get what you pay for. We have all heard this before, and in most cases it is true. There are several companies that sell cheap foundation piers that won’t last. Their piers typically fail within a year and the home settles again, and you are back to square one. When you try to call the company to ask about your warranty, they are either not in business anymore or come up with some external circumstance as to why they won’t honor their warranty. Read extra info on Foundation construction Colorado. If you have a broken water pipe, a plugged gutter, or a drainage problem in your yard alongside a perimeter foundation to weaken the area, a contractor might be able to shore up the area with more concrete or shim the sill plate to make the area level again.
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. Don’t worry – we aren’t going to expose you to a grueling sales pitch; we’re simply going to be transparent with the cause of your foundation problems and offer you various options for foundation repair. Ultimately, we can only advise you on the best, most cost-effective repairs which maintain your home’s structural integrity.
The repair costs for my foundation came in right around $500 and required about a weekend of my time. My costs include the French drain materials and the waterproofing paint for the inside wall. I already owned the shovel. However, I was lucky because the problems weren’t more serious. Other repairs are going to be much more intensive and expensive than installing simple drainage options. For some basement homes with foundation cracks the only option is excavating the soil surrounding the entire foundation, waterproofing, shoring up and installing a more substantial drainage system. Costs for this type of foundation repair are going to add up very quickly due to the amount of labor, materials and equipment needed to complete it. Extra needs could compound on top of that $7000 average. However, sometimes it is necessary to hire a professional regardless of your home improvement skills or the cost to complete the foundation repair.
Customers will pay for peace of mind. They are allowing you and your installation crew into their house. They want to count on and trust that all will go as expected. Customers will pay to have something done their way. Specialized installation services cost more, but return more. Customization is a point of differentiation. Are you prepared? Do you have vignettes that demonstrate your capabilities? More often than not, installation-related services will generate more than the goods themselves. As detailed in #1, product is not enough. Any time consumers aren’t able to build relationships, they go elsewhere. Think where the loyalties lie – with the person you can trust. So, be that person. Offer great experiences and build customer loyalty. That loyalty leads to repeat orders which are more profitable than initial orders. People will talk. What are they saying about you?