11 Best Foundation Companies in Park Forest, IL

On average, Park Forest homeowners spend roughly $3,066 on foundation repair. The cost of foundation repair is based on a number of factors. Things like the type of repair needed, the size of your home, and the extent of the damage will all help determine the cost. The best way to find out how much a job may cost is to contact a local foundation repair expert and schedule a free inspection and estimate.

The main types of foundation repair include 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. The price will vary depending on the size and cause of the problem.

Underpinning, also called piering or leveling, is the process of leveling your foundation by underpinning it with large concrete piers. The price will be based 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. The 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 prevent water from getting into your foundation or basement. This can involve exterior waterproofing, interior waterproofing, or both, and costs can vary widely. We recommend contacting a waterproofing specialist if you're interested in waterproofing your foundation.

When constructing a new home, make sure that a soil report is completed. A soil report will contain information about how well the soil on a given piece of land can support a foundation, and can offer you a heads-up about potential future problems. If your concerns are about an existing house, a few hundred dollars will cover an inspection and report by a structural engineer. The engineer can point you to any things that need attention, and advise you on how to avoid future problems.

You also want to make sure that the moisture around your foundation is at an appropriate level. Don't let the soil around your Park Forest 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 gutters or pipes, so you can get them repaired promptly.

Your foundation repair expert should acquire the needed permits. You can ask the company to provide a detailed explanation of the steps in its process and to see the paperwork and permits it has acquired to verify that everything is properly authorized per Park Forest regulations.

Generally, foundation repairs will positively affect the value of your home. In some cases, foundation repairs may be considered a capital improvement, which might qualify you for tax breaks. A capital improvement is generally defined as one that will add to your house's overall value, prolong its life, or adapt it to new uses. Speak with your Illinois tax professional for the most accurate information.

Typically, foundation repair takes from one to several weeks. The range is wide because the time taken will vary greatly based on factors like the type of repair required and the size of your house. You should consult with your Park Forest foundation repair expert for a more thorough timeline for your specific project.