11 Best Foundation Companies in Lima, OH

On average, Lima homeowners spend roughly $2,635 on foundation repair. The cost of foundation repair is based on a number of factors. Things like the size of your home, the type of repair needed, and the extent of the damage will all play a part. The easiest way to determine how much a job could cost is to talk to a local foundation repair company and schedule a free inspection and estimate.

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 contractor 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 cost will depend on how many piers are needed. The price of stabilization is also variable. This process fixes 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.

Lastly, waterproofing is an overarching term for a number of jobs 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 widely. We recommend contacting a waterproofing specialist if you're planning to waterproof your foundation.

When caring for your foundation, you should make sure that it has the proper level of moisture. Avoid letting the soil around your Lima 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. You should also make sure that you promptly identify and repair any leaking pipes or gutters.

If you have any concerns about your foundation, you can contact a structural engineer for an evaluation. This will cost a few hundred dollars, but the consultation can provide you with a list of potential concerns as well as additional steps to further protect your foundation. Finally, if you're building a new home, be sure 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 acquiring one won't be your responsibility. Your foundation repair provider should put together the permit and all other documents required in Lima, and should be able to explain the process and/or provide the documents before starting work.

Foundation repairs can 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. Making capital improvements sometimes allows you to qualify for tax breaks. (Contact your Ohio 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.

We advise against putting off a foundation repair project. A single issue may have an underlying cause that could lead to numerous future problems, and it's better to get ahead of the issue as soon as possible. A minor problem now could turn into a large and expensive one in the future if the signs are ignored.