11 Best Foundation Companies in Greenwood, IL

On average, Greenwood homeowners pay around $3,060 for foundation repair, although the actual cost will change based on several factors. The easiest way to get an estimate for the cost of your specific job is to request quotes from a handful of local foundation repair companies. The amount you pay for a job will be determined by things like the type of the repair(s) and the size of your house.

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

Crack repair and leak repair are what they sound like: your foundation contractor will perform an inspection and complete any repairs necessary to remedy cracks or leaks. Costs will vary based on the size and cause of the issue.

Underpinning, also called piering or leveling, is the process of leveling your foundation by underpinning it with large concrete piers. The amount you can expect to spend depends on how many piers are needed. The price of stabilization is also variable. This process involves fixing bowing walls by reinforcing them with steel or carbon fiber strips, and the total cost will depend on what material is used and how many strips are used.

Finally, waterproofing is an overarching term for a category of repairs intended to prevent water from getting into your foundation or basement. This can involve interior waterproofing, exterior waterproofing, or both, and costs can vary widely. We recommend contacting a waterproofing specialist if you think your foundation needs waterproofing.

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 issues. If you have concerns about an existing home, for a few hundred dollars, you can get an inspection and report by a structural engineer. They can alert you to any current problems that could use some attention, and give you advice on how to avoid future problems.

You also want to make sure that the moisture around your foundation is appropriate. Don't let the soil around your Greenwood home get too dry or too wet; at different times, you might find yourself having to reroute your gutters or water your foundation. You should also stay vigilant for leaky pipes or gutters, so you can get them repaired promptly.

Your foundation repair expert should be the one obtaining the permits. You can ask the company to provide a detailed explanation of the steps in its process and to see the permits and paperwork it has acquired to ensure everything is properly authorized per Greenwood regulations.

Some indicators that you're in need of foundation waterproofing include hairline cracks, uneven floors, white powder or spots on your walls, basement flooding, discoloration or odors, or signs of fungus, mold, or mildew. Your contractor can inform you whether you need interior or exterior waterproofing.

Interior waterproofing can involve the installation of sump pumps and drains or the use of sealants and tends to be less costly than exterior waterproofing. Exterior waterproofing can involve applying physical barriers to basements and crawl spaces, changing your landscaping, or installing exterior drains.

Generally, foundation repairs will positively affect your home's value. In some cases, you may be able to consider foundation repair a capital improvement, which might qualify you for tax breaks. Generally, a capital improvement is defined as one that adds to your house's overall market value, prolongs its life, or adapts it to new uses. Talk to your Illinois tax professional for the most accurate information.