10 Best Foundation Companies in Boone, IA

The total cost of foundation repair will vary greatly depending on a number of factors. Things like the type of repair needed, the extent of the damage, and the size of your home will all help determine the cost. On average, Boone homeowners spend about $2,980. The best way to determine how much a job could cost is to contact a local foundation repair company and schedule a free inspection and estimate.

Click here to read a more thorough breakdown of foundation repair costs in Iowa.

The main types of foundation repair include 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 issue.

Underpinning, also called leveling or piering, 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 reinforces bowing walls with carbon fiber or steel strips, and the cost will depend on the material chosen and how many strips are used.

Finally, waterproofing is an overarching term for a category of repairs that help prevent water from getting into your foundation or basement. This can involve interior waterproofing, exterior waterproofing, or both, and costs can vary widely. We recommend contacting a waterproofing specialist if you're interested in waterproofing your foundation.

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

Typically, your foundation repair technician will be licensed as a general contractor. Contractors in Iowa that earn over $2,000 a year from a trade must register with the Iowa Division of Labor. There aren't any state-level license requirements; licensing is handled at the city or municipal level. There may be additional requirements for contractors to do certain work with concrete.

In some cases, foundation repairs can be considered capital improvements if they meet the criteria of an improvement that adds to your house's overall market value, prolongs its life, or adapts it to new uses. Making capital improvements sometimes helps you qualify for tax breaks. (Contact your Iowa tax professional for more information.) Even if you don't qualify for tax breaks, foundation repairs will generally have a positive effect on the value of your home.

We strongly suggest reaching out to your home insurance provider before you start any foundation project to figure out what may be covered. In general, foundation repairs won't be covered by your home insurance unless they are to fix damage caused by a covered weather event.