10 Best Foundation Companies in Olive Branch, MS

On average, Olive Branch homeowners pay around $3,184 for foundation repair, although the cost will depend on several factors. The best way to estimate the cost of a specific project is to request quotes from one or more local foundation repair companies. The amount you pay for a job will be influenced by things like the size of your house and type of repair(s) needed.

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

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. 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 is also variable. This process reinforces bowing walls with carbon fiber or steel strips. 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 designed to prevent water from getting into your foundation or basement. This can include exterior waterproofing, interior waterproofing, or both, and the price can vary greatly. We recommend contacting a waterproofing specialist if you think your foundation needs waterproofing.

Indicators that you are in need of foundation waterproofing include hairline cracks, white powder or spots on your walls, basement flooding, uneven floors, discoloration or odors, or signs of mildew, fungus, or mold. Your contractor can inform you whether you need interior or exterior waterproofing.

Interior waterproofing can involve the use of sealants or the installation of sump pumps and drains and tends to be less expensive than exterior waterproofing. Exterior waterproofing can involve things like applying physical barriers to crawl spaces and basements, installing exterior drains, or making changes to your landscaping.

Usually, your foundation repair technician will be licensed as a general contractor. As of July 2022, contractors in Mississippi who do residential remodeling (work on an existing structure valued at over $10,000) or residential building (work on a new structure valued at over $50,000) must be licensed by the state. Licenses are handled by the Mississippi State Board of Contractors, which requires applicants to take an exam, provide evidence of work experience, and have proof of general liability insurance coverage. There may be additional requirements for contractors to do certain work with concrete.

Sometimes, foundation repairs can be considered capital improvements if they fit the criteria of an improvement that will add to your house'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 Mississippi tax professional for more information.) This aside, foundation repairs will generally have a positive effect on the value of your home.

You may 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 more expensive issues down the road. It may be possible to take care of small hairline cracks yourself, but it's always good to get an expert opinion first.