11 Best Foundation Companies in Corrales, NM

On average, Corrales homeowners pay about $2,842 for foundation repair, although the total cost will vary depending on several factors. The fastest way to estimate the cost of a specific job is to request quotes from a handful of local foundation repair companies. The total price will be affected by things like the size of your house and type of repair(s) needed.

The main types of foundation repair include 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 complete any repairs necessary to remedy cracks or leaks. The price will depend on the size and cause of the problem.

Underpinning, also called leveling or piering, is when a contractor levels your foundation by underpinning it with large concrete piers. The price will be based on how many piers are used. The price of stabilization varies similarly. This process fixes bowing walls by reinforcing them with carbon fiber or steel strips. 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. This can involve 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.

When constructing a new house, have a soil report completed. This report contains information regarding how well your soil can support a foundation, and can give you a heads-up about any potential future issues. If your concerns are 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 issues that need attention, and give you advice on avoiding future problems.

You also want to make sure that the moisture around your foundation is at an appropriate level. The weather in Corrales tends to be very dry, which means that at times you may need to water your soil and foundation. Also, be on the lookout for leaky pipes or gutters and repair them quickly.

Foundation repair usually requires a permit, but obtaining one shouldn't be your responsibility. Your foundation repair professional should obtain the permit and all other documents required in Corrales, and should be able to explain the process and/or provide the documents before starting work.

In some cases, foundation repairs can be considered capital improvements if they meet 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 helps you qualify for tax breaks. (Talk to your New Mexico tax professional to learn more.) This aside, foundation repairs will, in most cases, positively affect the value of your home.

Typically, home insurance doesn't cover foundation repairs, unless the repair is to fix damage resulting from a covered weather event. It's a good idea to talk to your home insurance company before you begin any foundation repairs.