11 Best Foundation Companies in St. Louis Park, MN

On average, St. Louis Park homeowners spend roughly $3,066 on foundation repair. The amount you'll spend on foundation repair is based 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 play a part. The fastest way to learn how much a job may cost is to contact a local foundation repair expert and schedule a free inspection and estimate.

Types of foundation repair include leak repair, crack repair, stabilization, underpinning, and waterproofing.

Leak repair and crack repair involve a technician coming to your home, completing an inspection, and using various measures to fix leaks or cracks. The cost of these procedures can vary greatly depending on the size and root cause of the problem.

Stabilization reinforces bowing walls by inserting steel or carbon fiber strips. The cost will depend on the material used and the number of strips needed. The cost of underpinning also varies. This process, also called leveling or piering, involves underpinning your foundation with concrete piers to level it; the cost will depend on how many piers are used.

If you're looking to waterproof your foundation or basement, we suggest speaking with a waterproofing specialist. This process might include outdoor waterproofing, indoor waterproofing, or both.

If you're building a new house, have a soil report completed. A soil report will contain information about how well the soil on a given piece of land can support a foundation, and can offer you a heads-up about any potential future problems. If you have concerns about an existing home, for a few hundred dollars, you can get an inspection and report by a structural engineer. They can point you to any things that need attention, and advise you on how to avoid future problems.

Also ensure that the moisture around your foundation is appropriate. Don't let the soil around your St. Louis Park 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 promptly.

Your foundation repair expert should be the one to get the permits. You can ask the company to provide a detailed explanation of its process and to see the paperwork and permits it has assembled to confirm everything is properly authorized per St. Louis Park regulations.

Sometimes, foundation repairs can be considered capital improvements if they fit the criteria of an improvement that will add to a home's overall market value, prolong its life, or adapt it to new uses. Making capital improvements sometimes allows you to qualify for tax breaks. (Speak with your Minnesota tax professional for more information.) Tax breaks aside, foundation repairs will, in most cases, positively affect the value of your home.

We advise against putting off a foundation repair project. Minor issues may have an underlying cause that could lead to numerous future problems, and it's better to get ahead of the issue as soon as possible. A small and moderately costly problem now could turn into a large and very expensive one in the future if left untreated.