6 Best Foundation Companies in Hope, AR

On average, Hope homeowners spend about $2,624 on foundation repair. The amount you'll spend on foundation repair is based on a number of factors. Things like the size of your home, the extent of the damage, and the type of repair needed will all help determine the cost. The easiest way to learn how much a job may cost is to speak with a local foundation repair expert and schedule a free inspection and estimate.

The main types of foundation repair are crack repair, leak repair, underpinning, stabilization, and waterproofing.

Crack repair and leak repair are exactly as they sound: your foundation contractor will perform an inspection and complete any repairs necessary to remedy cracks or leaks. Costs will depend on the size and cause of the problem.

Underpinning, also called piering or leveling, is when a contractor levels your foundation by underpinning it with large concrete piers. The cost will depend on how many piers are needed. The price of stabilization is also variable. This process fixes bowing walls by reinforcing them with carbon fiber or steel strips. The cost will depend on the material chosen and how many strips are used.

Finally, waterproofing is an overarching term for a category of repairs designed to stop water from getting into your foundation. This can involve exterior waterproofing, interior waterproofing, or both, and the price can vary widely. We recommend contacting a waterproofing specialist if you're planning to waterproof your foundation.

When constructing a new house, have a soil report completed. This report contains information about how well the soil on a given piece of land can support a foundation, and can provide you with a heads-up about any potential future problems. If you have concerns about an existing house, for a few hundred dollars, you can get an inspection and report by a structural engineer. They can point you to any things that could use some attention, and give you advice on avoiding future problems.

You also want to make sure that the moisture around your foundation is at an appropriate level, particularly when the weather gets hot. As Hope sees more rain than many other places, keep an eye on your gutters and landscaping to make sure too much water isn't getting into your soil or foundation. Also, be on the lookout for leaky gutters or pipes and repair them quickly.

Permits are needed for most foundation repairs, but applying for one should not be your responsibility. Your foundation repair provider should put together the permit and all other documents required in Hope, and should be able to provide the documents and/or explain the process if asked.

You might not want to spend money to hire someone for what seems like a small foundation repair. However, it's always good to consult a professional. This way, you can avoid potential future issues that could be even more expensive. It may be possible to take care of small hairline cracks on your own, but it's always a smart idea to get an expert opinion first.

In general, foundation repairs will positively affect your home's value. In some cases, foundation repairs may be considered a capital improvement, which can sometimes qualify you for tax breaks. Generally, a capital improvement is defined as one that adds to a home's overall market value, prolongs its life, or adapts it to new uses. Contact your Arkansas tax professional to learn more.