11 Best Foundation Companies in Victoria, MN

On average, Victoria homeowners pay roughly $2,874 for foundation repair, although the actual cost will vary widely depending on several factors. The fastest way to get an estimate for the cost of your specific job is to solicit quotes from a handful of local foundation repair companies. Your total cost will be determined by things like the size of your house and type of repair(s) needed.

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 contractor will perform an inspection and complete any repairs necessary to remedy cracks or leaks. Costs 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 cost will depend on how many piers are needed. The price of stabilization is also variable. This process fixes bowing walls by reinforcing them with carbon fiber or steel strips, and the total cost will depend on the material and how many strips are used.

Lastly, waterproofing is an overarching term for a number of jobs intended 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're planning to waterproof your foundation.

To protect your foundation, you should make sure it has the proper level of moisture. Avoid letting the soil around your Victoria house become too wet or too dry – make changes to your gutter system to route water away, or water your foundation if it starts to get too dry. Additionally, be sure to promptly identify and repair any leaking gutters or pipes.

If you have any concerns about your foundation, you can contact a structural engineer for an evaluation. This will cost a few hundred dollars, but the consultation can provide you with a list of potential concerns as well as more ideas to help you further protect your foundation. Lastly, if you're building a new house, be sure that you have a soil report done. This can provide information about how well the soil on your property will be able to support a foundation, and can highlight potential future problems.

Your foundation repair expert should be the one obtaining 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 Victoria 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 market 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 Minnesota tax professional for more information.) Even without these tax breaks, foundation repairs will, in most cases, positively affect the value of your home.

We recommend that you do not put off a foundation repair project. A single issue may have an underlying cause that could potentially result in future problems, and it's best to treat the root of the issue as fast as possible. A minor problem now could turn into a large and very expensive one in the future if left untreated.