12 Best Foundation Companies in Olney, MD

On average, Olney homeowners pay around $3,684 for foundation repair, although the total cost will vary widely depending on several factors. The easiest way to get an estimate for the cost of a specific job is to request quotes from a few local foundation repair companies. The total price will be influenced by things like the type of the repair(s) and the size of your house.

Click here to see a more thorough breakdown of the cost of foundation repair in Maryland.

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. 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 required. The price of stabilization varies similarly. This process reinforces bowing walls with carbon fiber or steel strips. The cost will depend on what material and how many strips are used.

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

If your foundation needs waterproofing, you'll start to notice signs like white powder or spots on your walls, hairline cracks, uneven floors, discoloration or odors, basement flooding, or signs of fungus, mold, or mildew.

You can opt for interior or exterior waterproofing. Interior waterproofing is often less expensive, and can involve solutions such as the use of sealants or the installation of drains or sump pumps. Exterior waterproofing tends to be more expensive but more effective. It can involve things like landscaping changes, external drains, or physical barriers to keep water out of basements and crawl spaces.

Most of the time, your foundation repair technician will be licensed as a general contractor. In the state of Maryland, contractors must be licensed through the Maryland Home Improvement Commission, part of the Department of Labor. To obtain a license, an individual must have two years of experience, must pass an exam, and must have general liability insurance. There may be additional requirements for contractors to do certain work with concrete.

We highly recommend contacting your home insurance provider before beginning any foundation repair project to determine what may be covered. Typically, foundation repairs aren't covered by your home insurance unless they are to repair damage that was caused by a covered weather event.

You might not love the idea of spending money to hire someone for what appears to be a small foundation repair. However, it's always good to consult a professional. This way, you can avoid potential future issues that could be even more expensive. It may be possible to fix small hairline cracks on your own, but it's always a smart idea to get an expert opinion first.