10 Best Foundation Companies in Chapel Hill, NC

On average, Chapel Hill homeowners pay around $3,006 for foundation repair, although the actual 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 few local foundation repair companies. The total price will be determined by things like the type of the repair(s) and the size of your house.

Click here to see a more thorough breakdown of foundation repair costs in North Carolina.

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 vary depending on the size and cause of the problem.

Underpinning, also called leveling or piering, is the process of leveling your foundation by underpinning it with large concrete piers. The price will be based on how many piers are used. The price of stabilization is also variable. This process involves fixing bowing walls by reinforcing them with steel or carbon fiber strips, and the total cost will depend on the material chosen and how many strips are used.

Lastly, waterproofing is an overarching term for a number of jobs that help stop water from getting into your foundation or basement. This can involve interior waterproofing, exterior waterproofing, or both, and the price can vary greatly. We recommend contacting a waterproofing specialist if you're interested in waterproofing your foundation.

Your foundation repair expert should acquire the needed permits. You can ask the company to provide a detailed explanation of the steps in its process and to see the paperwork and permits it has acquired to confirm everything is properly authorized per Chapel Hill regulations.

Typically, your foundation repair expert will be licensed as a general contractor. The North Carolina Licensing Board for General Contractors takes care of licensing in the state. Your foundation contractor will most likely be licensed by the board as a Specialty Contractor. To obtain a license, a contractor must pass an exam. There may be additional requirements for contractors to do certain work with concrete.

In some cases, foundation repairs can be considered capital improvements if they meet the criteria of an improvement that adds to a home's overall value, prolongs its life, or adapts it to new uses. Making capital improvements sometimes lets you qualify for tax breaks. (Speak with your North Carolina tax professional for more information.) This aside, foundation repairs will, in most cases, positively affect the value of your home.

We strongly suggest contacting your home insurance provider before you begin any foundation repairs to figure out what may be covered. In general, foundation repairs won't be covered by home insurance unless they are to fix damage caused by a covered weather event.