3 Best Foundation Companies in Lexington, TN

On average, Lexington homeowners pay roughly $1,928 for foundation repair, although the actual cost will depend on several factors. The fastest way to estimate the cost of your specific project is to ask for quotes from one or more local foundation repair companies. The total price will be influenced by things like the size of your house and type of repair(s) needed.

The primary types of foundation repair are crack repair, leak repair, underpinning, stabilization, and waterproofing.

Crack repair and leak repair are what they sound like: your foundation repair expert will perform an inspection and take necessary measures to remedy cracks or leaks. Costs will depend on the size and cause of the issue.

Underpinning, also called leveling or piering, is when a contractor levels 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 is also variable. This process involves fixing bowing walls by reinforcing them with carbon fiber or steel strips, and the cost will depend on what material is used and how many strips are used.

Finally, waterproofing is an overarching term for a number of jobs intended to prevent water from getting into your foundation. This can include interior waterproofing, exterior waterproofing, or both, and costs can vary widely. We recommend contacting a waterproofing specialist if you think your foundation needs waterproofing.

If you're constructing a new home, have a soil report completed. This report contains information about how well the soil on a given piece of land can support a foundation, and can offer you a heads-up about any potential future problems. If you have concerns about an existing home, for a few hundred dollars, you can get an inspection and report by a structural engineer. They can alert you to any issues that could use some attention, and advise you on avoiding future problems.

It's also important that the moisture around your foundation is at an appropriate level, particularly when the weather gets hot. As Lexington sees more rain than many other places, keep an eye on your gutters and landscaping to make sure too much water isn't getting into your soil or foundation. Also, be on the lookout for leaky pipes or gutters, so you can get them repaired promptly.

A permit is normally required for foundation repair, but acquiring one shouldn't be your responsibility. Your foundation repair professional should get all the permits and other documents required in Lexington, 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 your house's overall market value, prolong its life, or adapt it to new uses. In some cases, making capital improvements lets you qualify for tax breaks. (Speak with your Tennessee tax professional for the most accurate information.) Even if you don't qualify for tax breaks, foundation repairs will, in most cases, positively affect your home's value.

While some foundation problems might seem small and not worth the cost to fix, when left untreated, they can cause larger and more expensive problems in the future. Foundation issues can also have underlying causes that are not obvious until after a professional inspection. It's important to handle these underlying issues as soon as possible. For these reasons, we recommend you don't procrastinate on foundation repairs.