Foundation repairs tend to be a pretty expensive home repair. In Nebraska, the typical homeowner spends between $2,000 and $6,500 on foundation repairs. However, some repairs can cost upwards of $25,000.
Since foundation repairs are generally not covered in your home insurance, it can be hard to tell if the cost is actually worth it. While it really depends on what your end goal is, the answer is typically yes: foundation repairs are worth the cost.
What we mean by “end goal” is, what are your future plans for your home?
Are you planning on living in your home for at least the next five years? Then yes, foundation repairs are worth the costs.
Do you want to never worry about the foundation of your home again? Then yes, the expenses of foundation repairs are worth it.
Are you trying to refinance your house so you can get more money out of it? Then yes, we recommend foundation repairs.
Are you trying to sell your home and get out as fast as you can? Well, maybe foundation repairs aren’t worth it for you. However, it is important to note that having a house with foundation repairs does not mean it will be difficult to sell your home. In fact, it could end up being more difficult to sell your home with a damaged foundation, since banks typically won’t lend on it. Plus, buyers will be much more likely to buy a home with foundation repairs than a home with serious, unaddressed issues with its foundation.
Why Get Your Foundation Repaired?
The foundation is the base of the home and is the platform that supports its weight. When there is a problem, failing to take care of the underlying issue could jeopardize the structural integrity of your entire home. When parts of the foundation become damaged and weak, they may collapse. To keep this from happening, consult with the experts at BDB Waterproofing when you first notice that something isn’t right.
How To Find the Right Foundation Repair Company
With almost any type of home repairs, it’s a good idea to get a few bids to compare prices. To do a thorough comparison, we sure to check that bids have the same number of piers, the locations being affected or corrected are the same, as well as the warranty information. Also, check to see if they have financing options. BDB Waterproofing offers financing for foundation repair work through GreenSky. They offer several options for interest-free or low-interest financing.
There are numerous factors that go into putting a foundation repair plan together for your home. Every home is different. That’s why it’s important to schedule inspections with our specialists.
We provide our services throughout Omaha, Lincoln, and eastern Nebraska, as well as Council Bluffs and western Iowa. Call us at 402-779-3165 or email us for a complete basement inspection and no-obligation repair cost estimate.