11 Best Foundation Companies in Park Ridge, IL

On average, Park Ridge homeowners spend about $3,786 on foundation repair. The amount you'll spend on foundation repair will vary greatly depending on several factors. Things like the size of your home, the type of repair needed, and the extent of the damage will all play a part. The best way to find out how much a job could cost is to speak with a local foundation repair company 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 what they sound like: your foundation repair expert will perform an inspection and complete any repairs necessary to remedy cracks or leaks. The price 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 used. The price of stabilization varies similarly. This process reinforces bowing walls with carbon fiber or steel strips, and the total cost will depend on what material is used 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 include interior waterproofing, exterior waterproofing, or both, and costs can vary greatly. We recommend contacting a waterproofing specialist if you're planning to waterproof your foundation.

If you're building a new home, make sure that a soil report is completed. This report contains information regarding how well your soil can support a foundation, and can offer you a heads-up about potential future issues. 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 could use some attention, and give you advice on avoiding 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 Ridge 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 quickly.

Permits are needed for most foundation repairs, but getting one shouldn't be your responsibility. Your foundation repair professional should put together the permit and all other documents required in Park Ridge, and should be able to explain the process and/or provide the documents before starting work.

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

Foundation repair, particularly large repairs such as basement waterproofing, should last a long time. This is particularly true if you choose a reliable company. When you solve systemic issues with your foundation, or reinforce critical areas, you lower your risk of future problems.