11 Best Foundation Companies in New Castle, IN

On average, New Castle homeowners spend roughly $2,657 on foundation repair. The amount you'll spend on foundation repair is based on several factors. Things like the extent of the damage, the type of repair needed, and the size of your home will all play a part. The easiest way to determine how much a job might cost is to reach out to 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 what they sound like: your foundation contractor will perform an inspection and complete any repairs necessary to remedy cracks or leaks. Costs will vary based 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 cost will depend on how many piers are required. The price of stabilization varies similarly. This process fixes bowing walls by reinforcing them with carbon fiber or steel strips. The total cost will depend on the material chosen and how many strips are used.

Lastly, waterproofing is an overarching term for a number of jobs designed to prevent water from getting into your foundation or basement. This can involve interior waterproofing, exterior waterproofing, or both, and the price can vary widely. We recommend contacting a waterproofing specialist if you think your foundation needs waterproofing.

When constructing 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 provide you with a heads-up about any potential future issues. If your concerns are about an existing house, for a few hundred dollars, you can get an inspection and report by a structural engineer. They can alert you to any issues that could use some attention, and give you advice on avoiding future problems.

It's also important that the moisture around your foundation is appropriate. Don't let the soil around your New Castle 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 pipes or gutters and repair them quickly.

Permits are needed for most foundation repairs, but obtaining one won't be your responsibility. Your foundation repair professional should get all the permits and other documents required in New Castle, and should be able to explain the process and/or provide the documents if asked.

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. Generally, a capital improvement is defined as one that will add to your house's overall value, prolong its life, or adapt it to new uses. Speak with your Indiana tax professional to learn more.

Although some foundation issues might seem small and not worth the cost to repair, when left untreated, they can lead to much larger and more expensive problems in the future. Foundation issues can also have underlying causes that are not clear until after a professional inspection. It's important to repair these underlying issues as soon as possible. For these reasons, we advise against procrastinating on foundation repairs.