11 Best Foundation Companies in Farmington, MI

On average, Farmington homeowners spend roughly $3,403 on foundation repair. The cost of foundation repair will vary greatly depending on a number of factors. Things like the size of your home, the type of repair needed, and the extent of the damage will all help determine the cost. The fastest way to determine how much a job may cost is to speak with a local foundation repair expert and schedule a free inspection and estimate.

The primary types of foundation repair are crack repair, leak repair, underpinning, stabilization, and waterproofing.

Crack repair and leak repair are exactly as they sound: your foundation repair expert will perform an inspection and take necessary measures to remedy cracks or leaks. The price will vary depending 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 steel or carbon fiber strips, and 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 that help stop water from getting into your foundation or basement. This can include exterior waterproofing, interior 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 house, make sure that a soil report is completed. This report contains 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 issues. If you have concerns about an existing home, a few hundred dollars will cover an inspection and report by a structural engineer. They can point you to any issues 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 appropriate. Don't let the soil around your Farmington 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, so you can get them repaired promptly.

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

In some cases, foundation repairs can be considered capital improvements if they fit the criteria of an improvement that will add to a home's overall value, prolong its life, or adapt it to new uses. In some cases, making capital improvements allows you to qualify for tax breaks. (Speak with your Michigan tax professional for the most accurate information.) This aside, foundation repairs will generally have a positive effect on your home's value.

We strongly suggest getting in touch with your home insurance provider before you begin any foundation repair project to determine what may be covered. In general, foundation repairs aren't covered by your home insurance unless they're to fix damage that was caused by a covered weather event.