Additional Costs that May Increase the Cost of Repairing Your Wall Cracks
Do you have wall cracks? Are you considering having these cracks repaired? You may have already received quotes from several contractors and are now setting your budget. You may even be considering approaching a financial institution for a loan to finance the repair. However, before you do that, you should consider the following additional costs that could increase the total cost of repairing those foundation cracks.
- The structural engineer’s report
Wall cracks are the visible sign of an underlying problem with your foundation. Many times, cracks indicate damage that runs much deeper than the eye can see. It is therefore important to have a structural engineer inspect your home.
A structural engineer will inspect the foundation for signs of damage, distress, deterioration and damage to determine how deep the problem goes. They will ensure that you can choose a solution that will not only address the cracks but also the underlying cause of the cracking.
The cost of acquiring a structural engineering report varies. The national average for structural engineer reports is between $300 and $1,500.
- Soil reports
Another report that will be required prior to having the wall cracks repaired is a soil report. Soil reports are vital for identifying the characteristics of the soil that surrounds your foundation. A geotechnical engineer will carry out tests on your soil to determine the type of soil on your property. The national average for this type of report is between $500 and $3000. These reports help contractors determine what types of problems your soils can cause your foundation. They are therefore able to provide you with a comprehensive long-term solution.
- Unforeseen obstacles
It is also wise to have some wiggle room in your budget to cover unforeseen obstacles. While your contractor may have provided a comprehensive quotation for their services, anything can happen when the work begins. They may uncover even more problems with your foundation that need to be addressed. This will attract additional costs. It is always a good idea to add $500 to $2500 t0o the overall cost of the project in order to cater for any unforeseen expenses.
If you’re a homeowner preparing to repair wall cracks, be sure to consider the additional costs outlined above. While they may not be a factor in your project, it is a good idea to be prepared and budget accordingly.
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