11 Best Foundation Companies in Lincolnshire, IL

On average, Lincolnshire homeowners spend around $2,476 on foundation repair. The amount you'll spend on 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 play a part. The best way to learn how much a job might 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 take necessary measures to remedy cracks or leaks. Costs will depend on the size and cause of the problem.

Underpinning, also called leveling or piering, is when a contractor levels 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 varies similarly. This process fixes 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 number of jobs designed to stop water from getting into your foundation or basement. This can include exterior waterproofing, interior waterproofing, or both, and the price can vary widely. We recommend contacting a waterproofing specialist if you're interested in waterproofing your foundation.

One way to protect your foundation is to make sure that it gets the proper level of moisture. Avoid letting the soil around your Lincolnshire house become too wet or too dry – make changes to your gutter system to route water away, or water your foundation if it starts to get too dry. You should also be sure to quickly identify and fix any leaking gutters or pipes.

If you have any concerns about your foundation, you can contact a structural engineer for an evaluation. This will cost a few hundred dollars, but the consultation can net you a list of potential concerns as well as additional steps to further protect your foundation. Lastly, if you're building a new home, ensure that you have a soil report done. This report provides information about how well the soil on your property will be able to support a foundation and highlights any potential future issues.

Your foundation repair provider should be the one obtaining the permits. You can request that the company provide a detailed explanation of its process and to see the paperwork and permits it has acquired to verify that everything is properly authorized per Lincolnshire regulations.

Generally, yes, you can continue living in your home while foundation repair work is being completed. Talk to your foundation repair technician to be certain.

Foundation repairs can sometimes, foundation repairs can be considered capital improvements if they fit the criteria of an improvement that adds to a home's overall market value, prolongs its life, or adapts it to new uses. Making capital improvements sometimes lets you qualify for tax breaks. (Talk to your Illinois tax professional for the most accurate information.) This aside, foundation repairs will, in most cases, positively affect the value of your home.