3 Best Foundation Companies in Silver City, NM

On average, Silver City homeowners pay around $2,199 for foundation repair, although the cost will change based on several factors. The easiest way to get an estimate for the cost of your specific job is to request quotes from a few local foundation repair companies. The amount you pay for a job will be affected by things like the size of your house and type of repair(s) needed.

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 repair techniques to fix leaks or cracks. The cost of these procedures can vary greatly depending on the size and cause of the issue.

Stabilization involves reinforcing bowing walls by inserting carbon fiber or steel strips. The cost will depend on the material chosen and the number of strips needed. The cost of underpinning also varies. This process, sometimes referred to as leveling or piering, involves leveling your foundation by underpinning it with concrete piers; 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 can include indoor waterproofing, outdoor waterproofing, or both.

When building a new house, make sure that a soil report is completed. A soil report will contain information regarding how well your soil can support a foundation, and can provide you with a heads-up about potential future problems. If your concerns are about an existing home, for a few hundred dollars, you can get an inspection and report by a structural engineer. The engineer can alert you to any issues that need attention, and advise you on avoiding future problems.

You also want to make sure that the moisture around your foundation is appropriate, particularly when the weather gets hot. The weather in Silver City tends to be very dry, which means that at times you may need to water your soil and foundation. You should also stay vigilant for leaky gutters or pipes and repair them promptly.

Your foundation repair provider should acquire the needed permits. You can ask the company to provide a detailed explanation of its process and to see the permits and paperwork it has assembled to ensure everything is properly authorized per Silver City regulations.

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

In general, home insurance doesn't cover foundation repairs, except for those done to repair damage resulting from a covered weather event. We highly recommend talking to your home insurance company before you begin any foundation repairs.