So how much is it going to be, what is the cost of foundation repair? The straight answer: it depends.
Foundation repair costs vary because each situation is different. It depends on how many piers are needed to underpin the foundation. You may need piers all around the house or maybe just in front. One of the worst cases is when you have a foundation that slumps in the middle. The repair company has two choices. Either tear up floors or go in underneath with tunnels.
The foundation repair cost can also vary by types of piers needed. Steel, bell-bottom (or drilled) and concrete pilings are the most common types. Helical steel piers are sometimes needed on hillsides. There are just too many variables to be able to just throw out a figure for the foundation repair cost.
Here’s what I do know. I live in North Central Texas and two of my neighbors have had foundation repair. Their foundation repair costs were both about $7,000. I was nosy enough to ask.
Granite Foundation Repair in Dallas-Ft. Worth has this on their website:
A recent report cited the average Dallas Fort Worth concrete foundation repair cost in the range of $5000-$7000.
Down around Austin-San Antonio, CenTex Foundation repair puts the average cost at $5646.
Over in Louisiana, Jericho Foundation Repair has this answer to foundation repair costs on their website:
How much does the average repair cost?
We have been able to establish a consistent cost for an average foundation repair. Slab foundation, the average cost is approximately $3,000. .
We have completed repairs for as little as $250 and as much as $30,000 on a single home. The price varies with each home.
You can see that there are a lot of variables at play when determining what the foundation repair cost is going to be. Remember, I’m just a homeowner and not in the foundation repair business in any way. But my advice still stands. Get your foundation inspection done by an independent professional structural engineer with foundation experience who has no financial ties to any repair company. Then get at least three bids from repair companies if the engineer thinks repairs are needed. From there, make your choice. It’s probably the best you can do. That is all.