11 Best Foundation Companies in Mount Prospect, IL

On average, Mount Prospect homeowners spend about $3,786 on foundation repair. The amount you'll spend on foundation repair depends on several factors. Things like the size of your home, the type of repair needed, and the extent of the damage will all help determine the cost. The fastest way to learn how much a job might cost is to contact a local foundation repair company and schedule a free inspection and estimate.

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 repair expert will perform an inspection and take necessary measures to remedy cracks or leaks. Costs will vary based on the size and cause of the problem.

Underpinning, also called leveling or piering, 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 fixes bowing walls by reinforcing them with carbon fiber or steel strips, and the total cost will depend on the material and how many strips are used.

Lastly, waterproofing is an overarching term for a number of jobs that help stop water from getting into your foundation or basement. This can involve exterior waterproofing, interior waterproofing, or both, and costs can vary greatly. We recommend contacting a waterproofing specialist if you're planning to waterproof your foundation.

When constructing a new home, have a soil report completed. A soil report will contain information regarding how well your soil can support a foundation, and can provide you with a heads-up about any potential future issues. If your concerns are 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 need attention, and give you advice on how to avoid future problems.

Also ensure that the moisture around your foundation is appropriate. Don't let the soil around your Mount Prospect 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 pipes or gutters, so you can get them repaired promptly.

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

You may not love the idea of spending money to hire someone for what seems like a small foundation repair. However, it's always a smart idea to consult a professional. This helps you avoid more expensive issues down the road. You may be able to fix small hairline cracks yourself, but it's always good to get an expert opinion first.

We highly recommend reaching out to your home insurance provider before starting any foundation repair project to figure out what may be covered. In general, foundation repairs won't be covered by home insurance unless they're to fix damage caused by a covered weather event.