11 Best Foundation Companies in Greenwood, IL

On average, Greenwood homeowners spend around $3,061 on foundation repair. The total cost of foundation repair is based on several factors. Things like the extent of the damage, the size of your home, and the type of repair needed will all help determine the cost. The best way to learn how much a job could cost is to talk to a local foundation repair company and schedule a free inspection and estimate.

Types of foundation repair include leak repair, crack repair, stabilization, underpinning, and waterproofing.

For both leak repair and crack repair, a technician will come to your home, complete an inspection, and use various measures to remedy leaks or cracks. The amount you spend can vary greatly depending on the size and cause of the problem.

Stabilization helps to fix bowing walls by inserting steel or carbon fiber strips. The cost will depend on the material chosen and how many strips are required. The cost of underpinning also varies. This process, sometimes referred to as leveling or piering, involves leveling your foundation by underpinning it with concrete piers; the cost is based on how many piers are needed.

If you're looking to waterproof your foundation or basement, we recommend speaking with a waterproofing specialist. This process might include outdoor waterproofing, indoor waterproofing, or both.

When building a new home, make sure that a soil report is completed. This report contains information about how well the soil on a given piece of land can support a foundation, and can give you a heads-up about potential future problems. If you have concerns about an existing home, a few hundred dollars will cover an inspection and report by a structural engineer. The engineer can alert you to any issues that need attention, and give you advice on how to avoid future problems.

Also ensure that the moisture around your foundation is at an appropriate level. 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. Also, be on the lookout for leaky gutters or pipes and repair them promptly.

A permit is normally required for foundation repair, but getting one should not be your responsibility. Your foundation repair professional should put together all the permits and other documents required in Greenwood, and should be able to provide the documents and/or explain the process if asked.

When you need foundation waterproofing, you'll notice signs like uneven floors, basement flooding, discoloration or odors, white powder or spots on your walls, hairline cracks, or signs of mold, mildew, or fungus.

In some cases, foundation repairs can be considered capital improvements if they meet the criteria of an improvement that adds to your house's overall market value, prolongs its life, or adapts it to new uses. In some cases, making capital improvements helps you qualify for tax breaks. (Contact your Illinois tax professional for the most accurate information.) Even if you don't qualify for tax breaks, foundation repairs will generally have a positive effect on the value of your home.