8 Best Foundation Companies in Hannibal, MO

On average, Hannibal homeowners pay roughly $2,451 for foundation repair, although the cost will vary depending on several factors. The fastest way to get an estimate for the cost of a specific project is to ask for quotes from a handful of local foundation repair companies. The amount you pay for a job will be determined by things like the type of the repair(s) and the size of your house.

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 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 used. The price of stabilization varies similarly. This process involves fixing bowing walls by reinforcing them with steel or carbon fiber strips. The cost will depend on what material is used and how many strips are used.

Finally, waterproofing is an overarching term for a category of repairs that help stop water from getting into your foundation or basement. This can involve exterior waterproofing, interior waterproofing, or both, and costs can vary widely. We recommend contacting a waterproofing specialist if you're interested in waterproofing your foundation.

When caring for your foundation, you should make sure it gets the right amount of moisture. Avoid letting the soil around your Hannibal 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 reach out to a structural engineer for an evaluation. This will cost a few hundred dollars, but the engineer's consultation can provide you with a list of things to be aware of as well as more ideas to help you further protect your foundation. Lastly, if you're constructing a new home, ensure to have a soil report done. This report provides information about how well the soil on your property can support a foundation and highlights any potential future issues.

A permit is normally required for foundation repair, but obtaining one isn't your responsibility. Your foundation repair professional should get all the permits and other documents required in Hannibal, and should be able to explain the process and/or provide the documents before starting work.

Sometimes, foundation repairs can be considered capital improvements if they meet 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 helps you qualify for tax breaks. (Talk to your Missouri tax professional for the most accurate information.) Even if you don't qualify for tax breaks, foundation repairs will generally have a positive effect on the value of your home.

Although some foundation problems may seem small and not worth the cost to repair, when left untreated, they can cause larger and more expensive problems later on. Foundation issues can also have underlying causes which are not readily apparent until after a professional inspection. It's important to fix these underlying issues as soon as possible. For these reasons, we recommend you don't procrastinate on foundation repairs.